Stock price when the opinion was issued
An ETF to buy? There are so many ETFs, so it depends what you're looking for. XIU offers growth and income for retirees. This is a core holding for any investors. There's also a BMO utilities ETF offering a yield and upside. Also, a Canadian bank ETF from any vendor will give you income and growth, like ZWB-T. An ETF reduces volatility vs. owning individual stocks.
A good time for an entry position? Another core holding, it’s heavily weighted in the banks, it’s the largest 60 companies in the TSX. It’s something everyone should own in their portfolio. Also worth taking a look at ZIN-T. For some of the smaller investors, you might as well go to your bank and buy their Index Funds. MER are between 0.75 and .90%, no commission. It’s a great way to get into the market for smaller investors and keep the fees low. Make sure you buy into their Canadian Index Fund or their U.S Index Fund, and not into their higher fee mutual funds.