This summary was created by AI, based on 1 opinions in the last 12 months.
Based on the reviews from different experts, it seems that this ETF is heavily weighted towards a few stocks, with 70% of it being in just 3 stocks. The valuation of the ETF is not considered cheap at 5.35x price to sales. Experts suggest that it may be better to focus on specific stocks rather than buying the entire index. Names like OTEX and CLS are being recommended for further consideration.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Do not think there is a big rush to add more here. Unlike US tech ETFs, XIT is still very heavily skewed towards just five companies. There is potential and the bottom should be close. It becomes a question of position size and timeframe. Every time we think we are close to a bottom the market seems to roll over again. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Right now the fear seems worse than reality. The NASDAQ is down about 7% in a week. There could be another 2-3% drop, but there shouldn’t be a huge crash. There is inflation fear but tech has done ok in a growth environment. Companies are reporting solid earnings and growth should be noticed again. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The tech sector should continue to grow. One must watch the valuation and consider the timeframe for investments. Long term growth of the sector should be positive. Unlock Premium - Try 5i Free
S&P Info Tech Canadian index. He would be careful here. It is at all time new highs. This is going to live or due by SHOP-T. He would be cautious here. The stocks representing large portions of this ETF are very highly valued and perhaps a little over done. Look for corrections down the road.
The Canadian tech sector is not great in that it is not diversified. It is a bet on SHOP-T. You could buy it on the next big swing down.
It's up because of the 5G revolution. He uses IGM, a broader based US tech ETF, and he's thinking of taking profits in it. He's a cautious investor these days due to tariff war uncertainty. If you buy anything, it should have a dividend, so you still get paid if things take a turn.
iShares S&P/TSX Information Technology Capped is a Canadian stock, trading under the symbol XIT-T on the Toronto Stock Exchange (XIT-CT). It is usually referred to as TSX:XIT or XIT-T
In the last year, 1 stock analyst published opinions about XIT-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares S&P/TSX Information Technology Capped.
iShares S&P/TSX Information Technology Capped was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares S&P/TSX Information Technology Capped.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered iShares S&P/TSX Information Technology Capped In the last year. It is a trending stock that is worth watching.
On 2024-11-22, iShares S&P/TSX Information Technology Capped (XIT-T) stock closed at a price of $67.68.
This ETF is really 25% CSU plus 25% SHOP, and 19% GIB.A. So if 70% of the ETF is in 3 stocks, perhaps you want to look at the stocks themselves to see which ones make sense. 5.35x price to sales is not cheap, so it's better to pinpoint names than buy the entire index.
OTEX and CLS are two names that screen decently for him, though he owns neither.