Greg NewmanBMO EQUAL WEIGHT INDUSTRIALS INDEX ETFZIN.TOBUYJan 04, 2024

He likes Canadian industrials despite the tariffs furor. He likes this ETF and hold and buy it.

He likes this, because you are dealing with Air Canada, Canadian Pacific, a bunch of airlines, Bombardier, etc., away from the normal financials. Has done very well when compared with the TSX.

(A Top Pick March 24/16. Up 10.69%.) He likes the industrials because it is a sort of call on the economy. Thinks this uptrend persists for a while.

An equal weight exposure to industrials in Canada. Airlines and rails are a big factor in Canada, neither of which are attractive at present. He sees a re-test of the lows for February before the down trend of the last couple of years is over with.

An 18 month hold. This is the only ETF that covers materials and industrials. This is the place to be for the final advance.

Canadian Industrial Sector. BMO has an ETF for this. You get rails also and they dominate in some indexes. If you are looking at a weighted index or an equally weighted indexed, it could be different. Canada does not have a lot of industrials. This is the one he recommends.

Canadian industrials. He would be interested in this space as long as you take a really good look at what the energy exposure is. Now that the Cdn$ is lower, there is a lot of tailwind with a lot of these names. You’ll find a lot of transportation names, such as West Jet. There is probably a lot of exposure on the outside of the oil patch, which would be interesting. He would be interested in owning this ETF.

An equal weight in industrials. He really likes infrastructure and industrials. There is only one ETF in industrials, and this is it.

Chart shows a pretty tight little upward trend. Higher highs and higher lows with not a lot of volatility. Can’t find any faults with this chart.

Industrials are very economy sensitive. If they spend the money growing the company instead of buying back their own shares they will do well. You might as well buy the basket instead of trying to pick them.