Stockchase Opinions

Jaime Carrasco Harvest Energy Leaders Plus Income ETF Cl A Units HPF-T BUY Aug 06, 2019

A safe investment in the oil space is the ETF, HPF-T, so you're paid an 8% dividend to wait. It holds the world's 15 biggest oil companies.
$3.940

Stock price when the opinion was issued

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY

A good ETF. You're swapping a lot of income for growth. If you want that, then fine.

COMMENT
Cuts in dividends? This ETF covered writes about 33% of the portfolio. The higher volatility in energy adds well to value -- buffering about 10% of the total loss. The dividends could be cut entirely by the companies. The premiums would likely maintained.
DON'T BUY
For the next year or two, energy will probably outperform. The reflation trade will buoy energy. Dips will be good occasions. Further than 5 years and the sector is less desirable. A pure play in large cap energy is probably a better way to go.
TOP PICK
In his income portfolio. He's cautious on Canadian energy, as the politics are not agreeable to energy right now, but he still wants to participate. Biggest 20 energy companies in the world. Good way to play in a diversified way with one holding.