Stockchase Opinions

John Hood BMO EqWt US HthCare Hedged CAD ZUH-T BUY Jul 08, 2022

Well diversified health care ETF (hospitals, surgical implements etc.) Matter of when to buy is the question.
$69.100

Stock price when the opinion was issued

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HOLD

He does not own this one. They have an effective covered call strategy and has no issues with the fund at all. He prefers ZUH, where it is not impeded with calls being written.

BUY

Healthcare ETF? He likes ZUH as it includes pharma, hospitals and other medical services. It is hedged to the Canadian dollar.

WAIT
Long-term, as a theme, you have to like healthcare. The aging demographic and bio-technology will be important factors. Short-term, the bio-tech stocks are over-bought. There is speculation in vaccines. However, long term it will be positive.
COMMENT
These are some of the best ETFs for playing healthcare depending on what strategy you like. These cover global, covered call, yield focused, or actively managed ETFs in the market. The sector is a little overvalued right now so you might want to wait for a pullback. Longterm outlook is favourable.
BUY

Billy Kawasaki’s Insights - Picks from 5i Research. Healthcare is likely to be a strong performer in the next five years. Subsectors like medical devices, telemedicine and therapeutics should lead. A good ETF for US exposure. Unlock Premium - Try 5i Free

TOP PICK
A demographic play. It is not totally pharma. It is equipment and hospitals, too. It has done well.
COMMENT

They use a covered call strategy to enhance the yield. Those who want exposure to healthcare space but want higher yield, it is a good option. If yield is not a concern for you, you're better off with ZUH.

PAST TOP PICK
(A Top Pick Nov 09/20, Up 21%) He likes it, likes this niche though ZUH is diversified in hospital care and big pharma.
BUY

MER is 0.72%. Easy to understand. Not a market cap weighted ETF