What happens when a decidedly non-glamorous sector shows strength? Making money is always the goal of investors, so it can pay to understand what’s happening with a sector that doesn’t get much love in the media.
One of those so-called “boring” sectors, materials, is up 4% in September, and more than 5% year-to-date. The materials sector is taking a leadership role, for the moment anyway, as the always-sexy information technology sector takes a breather.
A look at the sector ETF (XLB) as well as some heaviest weighted stocks within the sector: LIN, APD, NEM, SHW and ECL