Thesis Summary
The Communication Services Select Sector SPDR ETF (XLC) tracks the performance of the market-cap-weighted index of US telecommunication and media & entertainment components. I believe now is an excellent time to buy the fund. I expect it to continue to perform well in the economic downturn that is being predicted. Overall, it is a well-balanced portfolio with significant investment in both social media giants and traditional entertainment companies which I believe will thrive in the next few years.
ETF Overview
The XLC includes companies that have been identified as Communication Services