Energy ETFs: Dangerously Rated
Just like stocks, there are some ETFs you just want to avoid. There are some ETFs on the market that are listed as dangerous, and at this time, many of them are. David Trainer picks his top 5 ETFs to avoid, and explains which stocks are better options.
"Investors should sell all dangerous-rated energy sector ETFs. The five ETFs below are the worst-rated of all energy sector ETFs:
iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (IEO)
SPDR S&P Oil & Gas Explor & Product (XOP)
SPDR S&P Oil & Gas Equip & Service (XES)
Rydex S&P Equal Weight Energy ETF (RYE)
iShares Dow Jones U.S. Oil Equipment & Services Index Fund(IEZ)
Investors seeking to outperform the market with exposure to the energy sector should invest only in the attractive-or-better rated stocks in the sector. Currently, there are only 13 (out of 192 we cover) energy stocks that earn an attractive-or-better rating. They include Exxon Mobil (XOM) and Chevron (CVX)…"
Find additional information here: http://turnkeyoil.com/2011/08/04/avoid-these-energy-etfs/