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Stockchase Opinions

John HoodQuestrade RUS 1000 EQ WT US MIDCAP VALUEQMV.TOPAST TOP PICKOct 06, 2016

(A Top Pick Sept 24/15. Up 11.47%.)

$20.20

Stock price when the opinion was issued

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TOP PICK

This company has brought the Spider sector, which is very well known in the US, and brought them into Canada. They have put them on with a hedge position. He likes the things they are doing. They are taking the top couple hundred of the Russell 1000 and chopping them off, and dividing the remaining 800 into 2 ETF’s, value and growth. He prefers this one (the value) because the PE is around 17 and the Price to Book is around 2.5%.