BMO Junior Oil Index ETF (ZJO.TO) Buy, Sell…

BMO Junior Oil Index ETF (ZJO.TO)

0.00

+1.05 (-100.00%)

14 watching

DON'T BUY

He would recommend taking a tax loss on this and buying into his energy fund. His fund has fewer names and a larger average market cap. The ETF is passive -- he prefers active management.

PAST TOP PICK

(A Top Pick Feb 25/19, Down 4%) The capital spending that occurred in the sector in 2010 was massive. The sector will be either soaring or sandpapering. They are in a volatile range. He is still sitting on gains in it because he bought it much earlier. It was deeply oversold. He is looking to sell it at some point but still recommends it. It's 80% in the US.

TOP PICK

A high-leveraged junior oil/gas play, banking on the global economy avoiding recession and settling down to a simmer. It's 80% American + 20% Canadian stocks. He doesn't see a new commodities super-cycle, but does expect a lot of upside.

COMMENT

It is smaller oil and gas plays. Junior oils. 25% Canada and the rest is US. Compared to US large cap ETFs like IYE-N: As the price of oil is going down, both fell but small caps fell more than larger caps. He is okay with smaller caps. It is not investible yet.

HOLD

Junior oil is subject to change by the moment. WTO oil has had a bit of a lift recently. There is a bit of consolidation going on in the chart for this ETF. If it breaks about $15, it would be a breakout and would be heading up. Wait for a breakout for new positions.

HOLD

An ETF that holds oil. He owns a few individual oil stocks. This sector is okay. Oil itself has risen lot, but not the producers. Hold, but if the oil stocks don't produce soon, he will sell his oil.

COMMENT

High-return oil stock ETF’s?If think oil prices are going higher, this is the best way to get a high beta version. He is not bullish on oil, and expects it will be lower for longer. Commodity markets tend to be long trending and tend to move in long waves. Commodities, particularly oil, have become extremely oversupplied which kind of keeps a lid on the price of oil. He shies away from any oil investment right now.

PAST TOP PICK

(A top pick April 3/17. Down 7%.) This was a crummy trade. Thinks it might have a bit of an oversold bounce. He is talking 1-3 weeks and is going to get out.

TOP PICK

It is a relatively short term play. This one has more leverage. It is an energy trade for the next two to three months. Oil looks constructive right now.

TOP PICK

As a proxy for the energy market, he uses Suncor (SU-T), which is starting to break out. If we are going to have global growth, energy is going to be involved. You can do stock picking or buy the basket, and it is probably a little safer to buy the basket.

BUY

This is a junior ETF. It has done extremely well. It is still a good market for takeovers.

COMMENT

If you like lots of risks, this is probably a good thing to have in your portfolio. Smart money coming into oils is not going into the juniors, it is going into the big companies. He has no problem with this, but there will be some risks.

BUY

How to play the oil market right now. Lots of juniors could go out of business but they choose them carefully for this ETF and if they get taken out, you are okay anyway.

PAST TOP PICK

(A Top Pick June 3/11. Down 23.64%.)

PAST TOP PICK

(A Top Pick March 23/11. Down 9.45%.) This one has done better than other oil products. Fairly expensive oil, combined with low interest rates is an environment for takeovers.

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BMO Junior Oil Index ETF (ZJO.TO) Frequently Asked Questions

What is BMO Junior Oil Index ETF stock symbol?

BMO Junior Oil Index ETF is a Canadian stock, trading under the symbol ZJO.TO (previously ZJO-T on Stockchase) on the Toronto Stock Exchange (ZJO-CT). It is usually referred to as TSX:ZJO or ZJO.TO

Is BMO Junior Oil Index ETF a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on ZJO.TO (previously ZJO-T on Stockchase) on Stockchase. Read the latest expert commentary for BMO Junior Oil Index ETF.

Is BMO Junior Oil Index ETF a good investment or a top pick?

BMO Junior Oil Index ETF was recommended as a Top Pick by John DeGoey on 2012-04-02. Read the latest stock experts ratings for BMO Junior Oil Index ETF.

Why is BMO Junior Oil Index ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for BMO Junior Oil Index ETF.

Is BMO Junior Oil Index ETF worth watching?

BMO Junior Oil Index ETF is followed by 14 investors on Stockchase and is a trending stock that is worth watching.

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