Metals and mining is another sub-industry area that S&P Capital is bullish on. Analysts have a positive fundamental outlook for the next 12 months as sales and earnings are expected to recover from the depressed lows of last year. The SPDR S&P Metals and Mining ETF (NYSEArca: XME) and the Materials Select Sector SPDR (NYSEArca: XLB) are in focus as materials such as nickel, copper, aluminum and iron ore are expected to rise on higher demand. [Four Factors to Consider When Investing in Commodity ETFs]
Tisha Guerrero contributed to this article.