The market is trying to find its footing.
These are the best ETFs to buy for November 2022.
Best ETFs to Buy for November 2022
Having an unemotional data-driven approach allows us to highlight funds rising to the top.
From our standpoint, the best ETFs are ones that hold incredible stocks.
Lucas Downey breaks down the following 5 Best ETFs to Buy Now for November 2022:
- 2:36 SPDR S&P Oil & Gas Exploration & Production ETF (XOP)
- 4:11 Industrial Select Sector SPDR Fund (XLI)
- 5:21 Consumer Staples Select Sector SPDR Fund (XLP)
- 7:04 Financial Select Sector SPDR Fund (XLF)
- 8:35 Health Care Select Sector SPDR Fund (XLV)
Inside each of these ETFs are outlier stocks. Those are companies that have been some of the best winners recently. Outsized volumes and healthy fundamentals helps us find them!
- In XOP, he breaks down high scoring stock, ConocoPhillips (COP)
- Inside XLI, Luke showcases Deere & Company (DE)
- Then for XLP, he finds Archer-Daniels-Midland Company (ADM)
- For XLF, he focuses on The Progressive Corporation (PGR)
- Finally for XLV, he showcases AbbVie Inc. (ABBV)
Make sure to follow our YouTube channel here so you never miss any of our videos.
Also, you can find our other videos here.
Disclosure: Luke holds long positions in ABBV in personal and managed accounts at the time of filming.