Relative Strength Alert For Abbott Laboratories Wednesday, April 17, 11:48 AM ET, by Market News Video Staff The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
Noteworthy Wednesday Option Activity: LULU, ABT, AIG Wednesday, April 17, 1:32 PM ET, by Market News Video Staff Looking at options trading activity among components of the S&P 500 index, there is noteworthy ...
5 Dividend Aristocrats Where Analysts See Capital Gains Thursday, April 18, 6:34 AM ET, by Market News Video Staff To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently ...
In afternoon trading on Friday, Technology & Communications stocks are the worst performing sector, showing a 0.9% loss. Within that group, Adobe Inc (NASDAQ:ADBE) and ServiceNow Inc (NYSE:NOW) are two large stocks that are lagging, showing a loss of 14.3% and 4.4%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (NYSE:XLK), which is down 1.5% on the day, and up 6.82% year-to-date. Adobe Inc, meanwhile, is down 18.02% year-to-date, and ServiceNow Inc is up 5.52% year-to-date. Combined, ADBE and NOW make up approximately 3.8% of the underlying holdings of XLK.
The next worst performing sector is the Healthcare sector, showing a 0.3% loss. Among large Healthcare stocks, Abbott Laboratories (NYSE:ABT) and West Pharmaceutical Services, Inc. (NYSE:WST) are the most notable, showing a loss of 4.8% and 2.5%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 0.5% in midday trading, and up 6.50% on a year-to-date basis. Abbott Laboratories, meanwhile, is up 3.33% year-to-date, and West Pharmaceutical Services, Inc. is up 10.67% year-to-date. Combined, ABT and WST make up approximately 4.2% of the underlying holdings of XLV.
Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:
Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, three sectors are up on the day, while four sectors are down.
Sector
% Change
Materials
+0.6%
Consumer Products
+0.4%
Energy
+0.3%
Utilities
0.0%
Financial
0.0%
Services
-0.2%
Healthcare
-0.3%
Industrial
-0.3%
Technology & Communications
-0.9%
This Article's Word Cloud:ADBEAbbottAdobeAmongBuyingCareChangeCombinedCommunicationsComparingConsumerETFsEnergyFinancialFridayHealthHealthcareHereLaboratoriesNYSEPharmaceuticalSPDRSectorSelectServiceNowServicesTechnologyWestafternoonapproximatelybasisdatedownholdingslargelossmakemeanwhileperformingrespectivelysectorsectorsshowingstocksthattradingunderlyingwhichworstyear
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.
Play Video:
The Importance of ETFs
Free Email Alerts By Stock:
Start slideshow:
