IYF: Resilience Among Financials, Upgrading To Buy

  • I'm upgrading IYF to a buy, seeing the cyclical-value financials sector as battle-tested and poised for new highs in late 2025. Despite Berkshire Hathaway's recent underperformance, the ETF's overall portfolio has shown resilience and is supported by a reasonable valuation under 16x earnings. Technical momentum is strong, with the 200-day moving average rising and RSI robust; a breakout above $120 could target $145.