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Opinions John Zechner
Oil Services Vaneck ETFOIHTOP PICKMar 27, 2018
John ZechnerStock price when the opinion was issued
As of Jun 18, 2026. Market Open.
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He just trimmed it. It's a leveraged energy play. His cost basis rose to $330. When oil prices spike like today... A leveraged play, but now oil prices are going his way, so it's prudent to trim it by 25%. He has gained 30% since Jan. 12.
Joe TerranovaOil stocks in Canada have been overlooked. There is a bit of a base going on and they are breaking out from that base. Eventually they will break out from the bottom. If you think oil stocks are going up this has been a bit of a laggard. They also own some oil producers including Suncor. It is a longer term holding.
Keith Richards
Karen Finerman
(Past Top Pick, Feb.15, 2018, Up 4%) Oil did a lot better than he expected, but he's disappointed that this ETF hasn't reflected that lift. Energy stocks are still out of favour, because investors are buying FANG stocks instead.
John ZechnerAt $60 plus for oil you get a lot of investment going back into the ground. It is trading at the low end of the historical range. It should get a bigger boost going forward.
John Zechner
An oil services ETF. 35% of this is Haliburton and Slumberger. With oil above $60, a lot of money is going back into the ground, more so in the U.S. than Canada. Valuations are low in the mid-20s.