4 Sector ETFs & Stocks To Bet On Q4 Earnings

Materials

Being cyclical in nature, basic material companies are expected to gain as vaccination has set the stage for a speedy recovery thereby boosting demand for several types of products and services in the economy.

iShares U.S. Basic Materials ETF (IYM - Free Report): With AUM of $633.2 million, this ETF tracks the Dow Jones U.S. Basic Materials Index and holds 35 stocks in its basket. It charges 43 bps in annual fees and trades in a good average daily volume of around 182,000 shares a day. The product is heavily skewed toward specialty chemical and industrial gases with 30.8% and 26.9% of the portfolio, respectively. It has a Zacks ETF Rank #2 and a High risk outlook.

Bunge Limited (BG - Free Report): It is an integrated global agribusiness and food company spanning the farm-to-consumer food chain. The stock has a Zacks Rank #1 and an Earnings ESP of +29.82%. The stock has seen a solid earnings estimate revision of 22 cents for the to-be-reported quarter over the past month and has an expected earnings growth rate of 17.3%. Its trailing four-quarter earnings surprise is 374.77%, on average. The company is slated to release earnings results on Jan 29.

Medical

The medical sector is getting boost by the progress in the development of a coronavirus vaccine or treatment, and waves of mergers and acquisitions.

Health Care Select Sector SPDR Fund (XLV - Free Report): The most-popular healthcare ETF, XLV follows the Health Care Select Sector Index. This fund manages nearly $26.1 billion in its asset base and trades in heavy volume of around 8.8 million shares. In total, the fund holds 63 securities in its basket with key holdings in healthcare equipment and supplies, pharma, healthcare providers and services, and biotech. It charges 13 bps in annual fees and has a Zacks ETF Rank #2 with a Medium risk outlook.

McKesson Corporation (MCK - Free Report): It is a health care services and information technology company. The stock has a Zacks Rank #2 and an Earnings ESP of +0.21%. The Zacks Consensus Estimate for the to-be-reported quarter has been revised upward by a penny over the past month and represents year-over-year growth of 7.8%. The company’s trailing four-quarter positive earnings surprise is 13.42%, on average. The company is slated to release earnings results on Feb 2.

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