
TSE:ZGI
This summary was created by AI, based on 7 opinions in the last 12 months.
The BMO Global Infrastructure ETF (ZGI-T) is highly regarded by Stockchase Research editor Michael O'Reilly, receiving multiple reiterations as a TOP PICK. The fund focuses on North American infrastructure, primarily through a portfolio of 49 utilities and energy processing companies with a market cap over $500 million. Analysts emphasize the potential for growth, particularly given recent governmental backing for pipeline projects, with suggested price targets ranging between $61 to $71, indicating a solid upside potential of 17-18%. Yield estimates fluctuate slightly around 2.2% to 2.6%, showcasing a stable income return. Overall, experts recommend stop-loss adjustments at various levels, reflecting disciplined trading strategies to safeguard investments in this sector.
You don’t fight the Fed, so the market is going to move up to a certain extent but there is the big overhead resistance at around $15.50 on the S&P 500. As we approach that, things might get a little bit more dangerous. This is a sector that has very low beta at about .58. Pays almost 3% in dividends. Study uptrend.
Hard assets. Infrastructure is a little less volatile than traditional commodities. It is still global and an inflation hedge. Lot of global diversification.