Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

The BMO EQL WGT GBL BASE METAL HEG CAD ETF (ZMT-T) is an equal-weighted ETF with a diversified portfolio, including top holdings in Hudbay, Lundin, and First Quantum. It also includes some smaller-cap names, making it a well-rounded option for investors looking to gain exposure to base metals. Experts believe that base metals are a good long-term inflation hedge and have no correlation to the NASDAQ index. With inflation expected to remain over 3% in the long term, this ETF could offer a solid hedge against inflation and market volatility.

Consensus
Positive
Valuation
Fair Value
Similar
XME, Latin1 encoding
BUY

Breakout has been great, can't argue with it. Pretty much a textbook pullback to the neckline. Bells are whistling, money flows are working, not too overbought. Likes metals overall.

E.T.F.'s
PARTIAL BUY

Time sensitive question - depends on investor time horizon. In the short run, commodities are up. However, cyclical business - not sure how long demand can be sustained. Would recommend as a small portion of investor portfolio. 

E.T.F.'s
BUY

Base metals ETF?

An equal-weighted ETF including Hudbay, Lundin and First Quantum as the top holdings or 20% of the portfolio. Diversified and includes some smaller-cap names.

E.T.F.'s
PAST TOP PICK
(A Top Pick Mar 06/23, Down 11%)

Inflation is coming down and will some more. But the fantasy of 2% inflation is unlikely, as long-term inflation is over 3%. Over a larger cycle, base metals are good for a long-term inflation hedge. As well, if you believe the NASDAQ is heading for its day of reckoning, this has no correlation to that index.

E.T.F.'s
TOP PICK

Excellent technical trends right now.
Going upwards, so why not buy more.
Will be a short term watch. 

E.T.F.'s
BUY ON WEAKNESS
A good way to trade commodities. Not a good long term investment.
E.T.F.'s
COMMENT
The leading base metal ETF. Markets are choppy, so be careful here.
E.T.F.'s
BUY
One of the ways to play global infrastructures is to buy the miner and steel companies that supply the building material. Still thinks it is still the case. ZMT is one of the better to play the infrastructure bill.
E.T.F.'s
BUY ON WEAKNESS
Exposure to copper, aluminium and steel names. One of his favourites. With copper and other metals pulling back, it could be good to add. Has not sold any yet. It can probably go significantly higher. The greening of the world and electrification will benefit.
E.T.F.'s
COMMENT

Thinks there is a play in steel, although this is no longer early. Would play the steel play through ZMT. Stelco is a good name here although it has already had a good run. 10% range correction is possible. Use the past corrections as a guideline for entry.

E.T.F.'s
COMMENT

ZMT has been a holding since mid last year. It has steel, aluminum, copper and other base metal mining holdings. The infrastructure re-building will see steel playing a big part. REMX focuses in rare earths. Would go with the larger base metal play than just base metals.

E.T.F.'s
BUY
We will get a state of the union from Biden this week and details of what he wants to do. The best way to play infrastructure is not through the ETF for infrastructures. You want to buy material providers like steel. Still the best way to go about taking advantage of the policy. Copper is also a play on the greening of the world.
E.T.F.'s
COMMENT
ZMT is a way to play base metals that will be needed to build everything from bridges to EVs. COPX is a pure play copper play, but it trades in New York.
E.T.F.'s
BUY
An equal weight global mining companies. There are aluminum, copper, steel, nickel, zinc, etc. A decent way to play the space.
E.T.F.'s
BUY
A great way to play commodity prices. It includes gold. silver and copper. A broad base-metals ETF. There are other commodities ETFs but they use futures contracts so he prefers this one for most investors.
E.T.F.'s
Showing 1 to 15 of 66 entries

BMO EQL WGT GBL BASE METAL HEG CAD ETF(ZMT-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for BMO EQL WGT GBL BASE METAL HEG CAD ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

BMO EQL WGT GBL BASE METAL HEG CAD ETF(ZMT-T) Frequently Asked Questions

What is BMO EQL WGT GBL BASE METAL HEG CAD ETF stock symbol?

BMO EQL WGT GBL BASE METAL HEG CAD ETF is a Canadian stock, trading under the symbol ZMT-T on the Toronto Stock Exchange (ZMT-CT). It is usually referred to as TSX:ZMT or ZMT-T

Is BMO EQL WGT GBL BASE METAL HEG CAD ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about ZMT-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO EQL WGT GBL BASE METAL HEG CAD ETF.

Is BMO EQL WGT GBL BASE METAL HEG CAD ETF a good investment or a top pick?

BMO EQL WGT GBL BASE METAL HEG CAD ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO EQL WGT GBL BASE METAL HEG CAD ETF.

Why is BMO EQL WGT GBL BASE METAL HEG CAD ETF stock dropping?

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.

Is BMO EQL WGT GBL BASE METAL HEG CAD ETF worth watching?

3 stock analysts on Stockchase covered BMO EQL WGT GBL BASE METAL HEG CAD ETF In the last year. It is a trending stock that is worth watching.

What is BMO EQL WGT GBL BASE METAL HEG CAD ETF stock price?

On 2024-07-23, BMO EQL WGT GBL BASE METAL HEG CAD ETF (ZMT-T) stock closed at a price of $65.44.