This summary was created by AI, based on 5 opinions in the last 12 months.
The experts have mixed opinions about BMO EQL WGT GBL BASE METAL HEG CAD ETF. Some believe that it has potential for long-term growth due to its good mix of base metals and consolidation, while others are cautious about its current valuation and potential underperformance in case of a hard landing. There is also a seasonal factor to consider, with some suggesting that it may not be the best time to buy given the recent profit. Overall, the ETF seems to have performed well and is seen as a broad option offering exposure to a variety of base metals.
He trades it when it gets expensive or fully valued. Recently, he's been trimming exposure; if we hit a hard landing, base metals will underperform. He would buy on dips. This ETF is broad, giving you a bit of everything.
It has a good mix of base metals and has been consolidating. He has owned for a while and it is good for the longer term. Hard assets should have their moment of glory compared to financial assets which have been enjoying their moment of glory. He thinks there is a rotation to commodities in the coming years.
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.
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.
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.
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.
Excellent technical trends right now.
Going upwards, so why not buy more.
Will be a short term watch.
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.
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
In the last year, 4 stock analysts published opinions about ZMT-T. 4 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.
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.
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.
4 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.
On 2024-12-10, BMO EQL WGT GBL BASE METAL HEG CAD ETF (ZMT-T) stock closed at a price of $72.35.
(Note the short timeframe.)
Scratching his head. He's made his money, now at resistance, and he has to decide what to do. Seasonally, metals do OK till year's end. Don't buy right now, as a lot of profit's already been made.