XLE ETF: Energy Stocks are Heating Up Again

Don’t look now, but the energy sector is heating up again, and the Energy Select Sector SPDR Fund (NYSEARCA:XLE) is quietly up 16% year-to-date, pushing past a new 52-week high. I’m bullish on XLE based on the momentum in the energy sector, its portfolio of highly-rated energy stocks, and the relatively cheap valuation of these holdings, even after accounting for this strong 2024 performance. I’m also a fan of XLE because of its cost-effective expense ratio and its 3% dividend yield. Favorable S