Opinions

Richard Croft iShares Edge MSCI USA Momentum Factor ETF MTUM-N PAST TOP PICK Aug 21, 2019

(A Top Pick Aug 02/18, Up 7%) He's holding onto this. It benefits from momentum stocks like Shopify and Square.

Richard Croft

Owned

Unlock Rating

$120.810

Stock price when the opinion was issued

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

TOP PICK

When you are investing in different securities there are two styles: value and momentum. Momentum could be a good strategy. It is more aggressive because when it turns it could be very serious. From a portfolio perspective you want to balance that with a value-based ETF.

DON'T BUY

Factors are all the rage now. There is a lot of momentum in the US that is vulnerable to an inflection point. He thinks there is a historic opportunity to a rotation from US to emerging markets. If that happens then this ETF would face headwinds.

PAST TOP PICK

(A Top Pick Aug 02/18, Up 1%) Most FAANG stocks are momentum plays and led the market last year until September, plunged, then returned. He isn't thrilled about momentum now.

BUY

Changes holdings regularly to hold whatever has the highest momentum in the market. Unless things change dramatically, coming up in May, holdings should change from a very significant weighting in tech and healthcare, to significant weighting in financials, industrials, and basic materials. We're in the early stages of momentum of those latter sectors that are underowned, but showing more recent strength that should continue for quite some time.

PARTIAL BUY

Apple is the largest holding. UnitedHealth also is big, but now its Exxon and Chevron. The holdings and sectors change, so be ready for drawdowns. Ease into this over several quarters to average down.

Unspecified

The momentum factor normally should continue to work. Ease in over time to get the average price to catch up with leading sectors. We are seeing changes to sectors that are working better.

BUY

He disagrees with an analyst that the momentum names like Oracle, Palantir and APP are overbought. Yes, these numbers have been tired in recent days and are catching their breath.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Richard Croft iShares Edge MSCI USA Momentum Factor ETF MTUM-N PAST TOP PICK Aug 21, 2019

You might be interested:

iShares Edge MSCI USA Momentum Factor ETF (MTUM-N)

iShares Edge MSCI USA Momentum Factor ETF (MTUM-N)

iShares Edge MSCI USA Momentum Factor ETF (MTUM-N)

iShares Edge MSCI USA Momentum Factor ETF (MTUM-N)

iShares Edge MSCI USA Momentum Factor ETF (MTUM-N)

iShares Edge MSCI USA Momentum Factor ETF (MTUM-N)

iShares Edge MSCI USA Momentum Factor ETF (MTUM-N)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Brendan Caldwell

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase Insights

Jim Cramer - Mad Money