The third-quarter earnings season has, overall, been going better than many analysts have expected. As luck would have it, there are a multitude of ways to get exposure to this season’s winners via exchange traded funds (ETFs).
Although several sectors have notched strong third-quarter performance, the ones listed below are among the standouts. For more stories on sector ETFs, visit our sector ETF category.:
1. Technology. Apple (Nasdaq: AAPL) is the latest big tech name to post strong earnings. The maker of the popular iPhone posted a 47% gain in profit, taking investors and analysts by surprise. Shares were up 5.4% as of Tuesday, reports Jessica Mintz for the Associated Press.
Other technology companies posted strong earnings, as well. (Read about them here).
- Technology Select Sector SPDR (NYSEArca: XLK): up 40.3% year-to-date; Apple 8.1%