[RRG] Potential Financial Stock (XLF) - MetLife (MET)

As we have seen how the S&P 500 sectors have suffered last week, but we need to take note that some of the sector continue to stay high in the positive green over 1 month.

One of them is XLF which has a +6.01% gain over the one month period. This is the ETF fund we can considered for this sector $Financial Select Sector SPDR Fund(XLF)$

In this article I would like to share one of the XLF stock which is $MetLife(MET)$ . I will be sharing how MET has performed with XLF against the benchmark S&P 500.

MET and XLF Inside The Leading Quadrant Of RRG

MET has moved from lagging to improving suggests that a security is beginning to reverse its underperformance before moving into the leading quadrant.

This suggest that this might be an opportunity, this shift indicates a security is starting to outperform the benchmark with increasing momentum.

MET has A Positive Change Relative To XLF

With positive scoring this mean that MET in the leading quadrant are outperforming the benchmark with positive momentum and are considered market leaders.

Though METstill does not have a presence or movement deeper into this quadrant if it does, it would suggests a strong and stable outperformance.

Summary

With the movement seen from MET, I am expecting MET to be considered the market leaders in XLF, and if it could move deeper into the quadrant, then we could have a clear signal that MET would have a nice upside potential.

I will be watching this stock as well to consider buying for mid term.

Appreciate if you could share your thoughts in the comment section whether you think MET would be a stock you would consider in your portfolio.

@TigerStars @Daily_Discussion @Tiger_Earnings @TigerWire appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts.

Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.

# 💰Stocks to watch today?(24 Dec)

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  • MabelReed
    ·2024-09-10
    I'm not convinced about MET's potential. The market can be unpredictable, so I'd exercise caution.
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  • Taurus Pink
    ·2024-09-11
    [龇牙] [龇牙] [龇牙] [龇牙]
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