Stock price when the opinion was issued
LIFE vs. HHL In Canada, we have two similar ETFs holding global healthcare, this and HHL-T. Each holds around 20 megacap stocks, equally weighted. He prefers LIFE because the names it holds are more diverse, but owning either or both is fine. Both feature a covered call a third of their portfolios, which is good, because you want two-thirds to really capture the upside potential in this thriving sector. Who knows which set of stocks within these ETFs will hit? You could own both. Plus, you get a little income.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. An equal weight global healthcare ETF. A good choice for an ETF that covers the sector. It offers good yield with high quality companies. Potential investors should keep in mind the US elections in November, as the healthcare sector may see increased volatility in the short term. Unlock Premium - Try 5i Free
$200M in assets is very thin, not a ton of money in there. In this case, put limit orders when you buy or sell, or you're at the mercy of what someone is offering. On the chart, old support became new resistance. It's going to struggle there, as it's been a couple of years of resistance.
If it breaks out, that's really good news. The trader in him would be selling right now, but there's always the danger that it keeps going up. You have to decide how much you like the prospects of this sector.