This Sector ETF Could Rebuild After Hurricane Sandy
November 8th at 1:24pm by Tom Lydon
Click here to listen.
I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
This week, I highlighted the Market Vectors Retail ETF (NYSEArca: RTH). Hurricane Sandy wrought devastation, but some retail ETFs have positions in home-improvement companies and other sectors that could experience an uptick in growth as people rebuild and resupply after the storm.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.