The analyst has an Overweight rating on the sector.
“Belski sees industrial stocks benefiting from a number of factors, including health metrics like return on equity, robust cash-flow generation, and expectations for double-digit earnings growth through next year,” according to Barron’s.
Rivals to XLI include the Fidelity MSCI Industrials Index ETF (NYSEArca: FIDU), iShares U.S. Industrials ETF (NYSEArca: IYJ) and the Vanguard Industrials ETF (NYSEArca: VIS).
For more information on the markets, visit our S&P 500 category.