Hidden Opportunity: This Stock's Sell-Off Signals a Buy
McDonald's(MCD) MarketBeat·2024-07-12 19:09
It is no secret now that while most of the market is focused on the developments inside the technology sector, particularly around stocks exposed to the wave in artificial intelligence, other extremes in the market are feeling a bit of pain. Some of these forgotten and beaten down sectors include the consumer discretionary names, as judged by the 14% underperformance from the Consumer Discretionary Select Sector SPDR Fund NYSEARCA: XLY against the broader S&P 500 in the past year.Leading this decline are st ...