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Showing 1 to 15 of 65 entries
DON'T BUY
ZQQ vs. HXQ, if tech continues to do well. Tech touches us in every sense and every part of what we do. Interest rates are on the rise, and growth stocks like tech tend to underperform in that environment. Stick with tried and true, like FB, GOOG, and MSFT. The BMO strategy is hedged. He prefers the unhedged version, HXQ, especially as the CAD is at the higher end of a 6-7 year range. Also, the HXQ is cheaper at 28 bps; whereas ZQQ is 39 bps. Greater tax efficiency with HXQ when you look at non-registered accounts. US dividends from these tech stocks are characterized as deferred capital gains, so for non-registered investors, that may be a compelling reason to go with HXQ.
E.T.F.'s
COMMENT
Both of these are hedged back to the CAD. In an inflationary environment, you may want a mix of hedged and unhedged. In a more resource oriented market, the CAD will do well. Really with the largest companies in the world. Would suggest to hold both NASDAQ and S&P500 and rebalance once a quarter or year.
E.T.F.'s
DON'T BUY
Unless you're currently in semiconductors and have done well, you're effectively buying top of market. The two big names you want are TSM and Samsung, or Lam Research and Applied Materials on the equipment side. The ETFs are heavily influenced by these 4 names. If you're not there already, don't do it. Semiconductors are very extended right now. You never go bankrupt taking a profit.
E.T.F.'s
SELL
Tech has done well since 2008. The long period of tech outperformance is over. Downturn in the niche markets is a forecast of what's to come. Tech is an expensive sector. Instead, look elsewhere to sectors like basic materials and banks, which do well when global growth is higher than normal. Look further afield to global markets that have quietly started to outperform, are cheap, and have low expectations. Global markets have made a bottom, compared to US peers.
E.T.F.'s
PAST TOP PICK
(A Top Pick Apr 15/20, Up 61%) The companies in the index have benefitted from the crisis. Owned it very big, but has taken some off in January. Still has a lot and is adding more in the last 2-3 weeks.
E.T.F.'s
DON'T BUY
Would shy away from the NASDAQ in the short term. Long term, you gotta love tech but we will see some normalization. What worked last year was large cap tech and the valuations have gotten stretched. Could see little growth and consolidation and it will probably go sideways.
E.T.F.'s
DON'T BUY

You're in the heart of market performance. The top names here have been driving the market in the past 5 years and especially this year, like Amazon. This ETF is fully priced. He's worried about FAANG, actually. Hedged is okay.

E.T.F.'s
DON'T BUY
The NASDAQ100 is more expensive than it has ever been. Long-term, technology will continue to do well. In the next couple months, he expects a pullback by 10-15%.
E.T.F.'s
BUY
This gives you the exposure but hedges the currency risk out. However, at the moment you might want the US Dollar exposure.
E.T.F.'s
BUY on WEAKNESS
If you buy ZQQ, you are buying all the stocks that have done remarkably well -- so timing is not good. He would look for a better entry point.
E.T.F.'s
COMMENT

You can own hedged or not or both equally. Warning: MSFT is trading at 10x sales, so these stocks are priced to perfect. Be careful.

E.T.F.'s
COMMENT

Lots of great quality companies. Hit a new high today. Keep diversified. For a smaller portfolio, look at an ETF. For a larger one, you can pick some stocks. 39 bps expense ratio. There's also HXQ, which is not hedged and with a lower expense ratio. He prefers the non-hedged strategy.

E.T.F.'s
DON'T BUY
Large cap stocks are over valued and small and mid-cap stocks are even more overvalued. You have to be patient and wait for a correction in order to invest new money. Don't put new money to work right now. He would prefer TDIV-T when the time comes.
E.T.F.'s
COMMENT

A Canadian tech ETF better than ZQQ? ZQQ is CAD-hedged, so where do you think the CAD will move? HXQ is similar to ZQQ, but a cheaper MER at 0.28%. ZQQ has no hedge to CAD. He prefers HXQ, because it's cheaper and unhedged.

E.T.F.'s
COMMENT

QQQ vs ZQQ? He thinks the Canadian dollar has over shot its real value here, so that factors into a Canadian hedged ETF. On an annual basis you should expect subdued growth for the next while. Having a decent weight in the NASDAQ makes sense.

E.T.F.'s
Showing 1 to 15 of 65 entries

BMO NASDAQ 100 Equity Hedged-Cdn$(ZQQ-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 6

Stockchase rating for BMO NASDAQ 100 Equity Hedged-Cdn$ 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 NASDAQ 100 Equity Hedged-Cdn$(ZQQ-T) Frequently Asked Questions

What is BMO NASDAQ 100 Equity Hedged-Cdn$ stock symbol?

BMO NASDAQ 100 Equity Hedged-Cdn$ is a Canadian stock, trading under the symbol ZQQ-T on the Toronto Stock Exchange (ZQQ-CT). It is usually referred to as TSX:ZQQ or ZQQ-T

Is BMO NASDAQ 100 Equity Hedged-Cdn$ a buy or a sell?

In the last year, 6 stock analysts published opinions about ZQQ-T. 1 analyst recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO NASDAQ 100 Equity Hedged-Cdn$.

Is BMO NASDAQ 100 Equity Hedged-Cdn$ a good investment or a top pick?

BMO NASDAQ 100 Equity Hedged-Cdn$ was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO NASDAQ 100 Equity Hedged-Cdn$.

Why is BMO NASDAQ 100 Equity Hedged-Cdn$ 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 NASDAQ 100 Equity Hedged-Cdn$ worth watching?

6 stock analysts on Stockchase covered BMO NASDAQ 100 Equity Hedged-Cdn$ In the last year. It is a trending stock that is worth watching.

What is BMO NASDAQ 100 Equity Hedged-Cdn$ stock price?

On 2021-10-22, BMO NASDAQ 100 Equity Hedged-Cdn$ (ZQQ-T) stock closed at a price of $111.26.