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SLX / SLX: Steel Stocks Surge Since Early June, Eyeing Further Upside

Cyclical stocks, including those in the energy, financials, industrials, and materials sectors, are gaining strength, with the VanEck Steel ETF ranking first out of 37 in its sub class by Seeking Alpha's quant rankings. SLX, a relatively small fund with $128m assets under management, offers investors one-trade access to the steel industry and global industrialization, with a high yield of 4.1% on a trailing 12-month basis. Despite potential volatility in the coming months, the fund has high relative strength, strong quant ranking. Read More

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SLX

Steel

Stocks

Surge

Since

Early

June

Eyeing

Further

Upside

Stock

Posted: Jul 27 2023, 03:51

Author Name: Seeking Alpha

SLX News

By Seeking Alpha
October 24, 2023

SLX: Why I Am Not A Buyer

The VanEck Steel ETF is the closest thing to a pure-play steel ETF currently available. SLX carries a relatively high management fee for a passive fun

By Seeking Alpha
August 9, 2023

SLX: A Bullish Trend Since Early May

Steel is a critical building block for construction projects and various products, making it an important indicator of the global economy. U.S. and Ch

By Seeking Alpha
July 27, 2023

SLX: Steel Stocks Surge Since Early June, Eyeing Further Upside

Cyclical stocks, including those in the energy, financials, industrials, and materials sectors, are gaining strength, with the VanEck Steel ETF rankin

By Seeking Alpha
April 4, 2023

SLX: Global Growth Enough To Support Steel Stocks

The March U.S. ISM Manufacturing number did no favors for the 'no recession' camp. Still, economically-sensitive stocks are holding their own, and I s

By ETF Trends
March 24, 2023

Steel Stocks Could Be Sturdy Ideas

Steel equities aren't considered a glamorous asset class. If anything, the group is a reminder of America's once-dominant perch on the global industri

By Zacks Investment Research
February 6, 2023

This 'Strong Buy' Steel Stock Enters Powerful Uptrend

A top-ranked stock in a highly rated industry is poised for further gains.

By Seeking Alpha
January 20, 2023

SLX: Steel Tailwinds Galore

Drawing upon my previous analysis of China, India, US infrastructure, and the Russia- Ukraine war, I now form a bullish view of the SLX steel ETF. Sup

By Zacks Investment Research
December 29, 2022

5 Sector ETFs That Crushed the Market in Q4

After a strong start to the fourth quarter, Wall Street got caught in a vicious circle of trading.

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