TSE:ZEB
25.03
0.05
(0.20%)
BMO Equal Weight Bank ETF
ZEB-T
Analysis and Opinions about ZEB-T
Signal
Opinion
Expert
COMMENT
COMMENT
April 2, 2020
ZWB-T vs. ZEB-T. If your view on the banks is sideways to down a little bit, then ZWB-T is the better holding but if you are bullish on the banks then you don’t want the covered calls. He prefers ZEB-T right now because he wants all the price capture upside when the banks recover.
DON'T BUY
DON'T BUY
February 28, 2020
Banks are relatively benign. Not good, not bad. There is a lid on banks. It's a good dividend play for the long term but there is a real up and down in the stock price. He wouldn't expect much growth.
Show full opinionHide full opinionBanks are relatively benign. Not good, not bad. There is a lid on banks. It's a good dividend play for the long term but there is a real up and down in the stock price. He wouldn't expect much growth.
DON'T BUY
DON'T BUY
February 25, 2020
Canada has a branding problem now--money isn't flowing into Canada. Look at Teck Resources yesterday withdrawing a massive project. We have no catalyst to turn things around, though he hopes things do turn around. The yield of this is alright though, so you are paid to wait. Look abroad for better returns like South Korea, which should bounce back.
Canada has a branding problem now--money isn't flowing into Canada. Look at Teck Resources yesterday withdrawing a massive project. We have no catalyst to turn things around, though he hopes things do turn around. The yield of this is alright though, so you are paid to wait. Look abroad for better returns like South Korea, which should bounce back.
BUY
BUY
January 28, 2020
A bank ETF He owns banks, not ETFs, but this is good, a blend of banks that pays a fine 4% dividend.
Show full opinionHide full opinion A bank ETF He owns banks, not ETFs, but this is good, a blend of banks that pays a fine 4% dividend.
HOLD
HOLD
January 24, 2020
If you own this, you might as well hang onto this. However, watch your total Canadian exposure. The banks are 30% of the TSX composite and the management expense ratio is high. You're paying a premium, especially if it's taxable. He would diversify out of this. If you don't own it, don't buy it.
Show full opinionHide full opinionIf you own this, you might as well hang onto this. However, watch your total Canadian exposure. The banks are 30% of the TSX composite and the management expense ratio is high. You're paying a premium, especially if it's taxable. He would diversify out of this. If you don't own it, don't buy it.
BUY
BUY
October 7, 2019
A Canadian bank or a bank ETF? What's the seasonality? Seasonality is fall into spring. BNS is a contrarian play, but which banks depends on what you want. ZEB is the ETF to play.
Show full opinionHide full opinionA Canadian bank or a bank ETF? What's the seasonality? Seasonality is fall into spring. BNS is a contrarian play, but which banks depends on what you want. ZEB is the ETF to play.
COMMENT
COMMENT
October 4, 2019
He's tended to own banks individually. He's not particularly excited by some of the banks in this ETF. Would go with a covered call rather than the equal weight.
Show full opinionHide full opinionHe's tended to own banks individually. He's not particularly excited by some of the banks in this ETF. Would go with a covered call rather than the equal weight.
DON'T BUY
DON'T BUY
September 17, 2019
It holds 10 securities in a plain, vanilla basket of bank stocks. But this has been flat year to date. Caveat: banks aren't as safe you think as the recession approaches.
Show full opinionHide full opinionIt holds 10 securities in a plain, vanilla basket of bank stocks. But this has been flat year to date. Caveat: banks aren't as safe you think as the recession approaches.
BUY
BUY
September 13, 2019
The banks have always done well and have a great track record. Likes this in particular because there is US exposure. The only problem is that the MER is too high at 66 basis points.
Show full opinionHide full opinionThe banks have always done well and have a great track record. Likes this in particular because there is US exposure. The only problem is that the MER is too high at 66 basis points.
TOP PICK
TOP PICK
August 19, 2019
It's consolidating. You can hold all the Canadian banks and reduce risk on individual banks, which have been deeply oversold in Canada. This can gain $2-3 before year-end, and it pays a 4% dividend. Sell below $26.80.
Show full opinionHide full opinionIt's consolidating. You can hold all the Canadian banks and reduce risk on individual banks, which have been deeply oversold in Canada. This can gain $2-3 before year-end, and it pays a 4% dividend. Sell below $26.80.
PAST TOP PICK
PAST TOP PICK
July 3, 2019
(A Top Pick Jul 03/18, Up 2%) He bought then expecting higher interest rates, but that didn't happen, so banks are getting squeezed. ZEB has good dividends from quality companies. The Canadian banks are misunderstood. Their fees come from fees and investment banking, not only mortages. ZEB is worth holding.
Show full opinionHide full opinion(A Top Pick Jul 03/18, Up 2%) He bought then expecting higher interest rates, but that didn't happen, so banks are getting squeezed. ZEB has good dividends from quality companies. The Canadian banks are misunderstood. Their fees come from fees and investment banking, not only mortages. ZEB is worth holding.
WEAK BUY
WEAK BUY
June 27, 2019
The banks are very inexpensive. His stance has been to focus on the US banks. He would like KBE-N preferably. This has long secular growth trails and you might do better in US banks.
The banks are very inexpensive. His stance has been to focus on the US banks. He would like KBE-N preferably. This has long secular growth trails and you might do better in US banks.
WAIT
WAIT
May 31, 2019
ZEB or ZWB? He has lightened up on the banks and is less than market weight now. He looks at the mortgage and housing markets, and right now it is not the best environment for the banks. Probably should be in the ETF with the covered call, ZWB. Tariffs are causing concerns and may wait till these issues are resolved. He would wait before committing to either of these ETF's.
ZEB or ZWB? He has lightened up on the banks and is less than market weight now. He looks at the mortgage and housing markets, and right now it is not the best environment for the banks. Probably should be in the ETF with the covered call, ZWB. Tariffs are causing concerns and may wait till these issues are resolved. He would wait before committing to either of these ETF's.
DON'T BUY
DON'T BUY
April 22, 2019
As a registered investment We're late in the cycle and yield curves are starting to invert, so he doesn't like the banks. The banks won't break out, so he's underweight banks in Canada or America. That said, don't sell them all, because the dividends are good.
Show full opinionHide full opinionAs a registered investment We're late in the cycle and yield curves are starting to invert, so he doesn't like the banks. The banks won't break out, so he's underweight banks in Canada or America. That said, don't sell them all, because the dividends are good.
DON'T BUY
DON'T BUY
April 3, 2019
Canadian banks have done well but are peeling back a bit as they break below the $27 level. Not good. Sure, they pay 4% dividends and enjoy an oligopoly, but banks can still go down. Banks are not bulletproof.
Show full opinionHide full opinionCanadian banks have done well but are peeling back a bit as they break below the $27 level. Not good. Sure, they pay 4% dividends and enjoy an oligopoly, but banks can still go down. Banks are not bulletproof.
BMO Equal Weight Bank ETF(ZEB-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 7
BMO Equal Weight Bank ETF(ZEB-T) Frequently Asked Questions
What is BMO Equal Weight Bank ETF stock symbol?
BMO Equal Weight Bank ETF is a Canadian stock, trading under the symbol ZEB-T on the Toronto Stock Exchange (ZEB-CT). It is usually referred to as TSX:ZEB or ZEB-T
Is BMO Equal Weight Bank ETF a buy or a sell?
In the last year, 7 stock analysts published opinions about ZEB-T. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO Equal Weight Bank ETF.
Is BMO Equal Weight Bank ETF a good investment or a top pick?
BMO Equal Weight Bank ETF was recommended as a Top Pick by Larry Berman CFA, CMT, CTA on 2020-04-02. Read the latest stock experts ratings for BMO Equal Weight Bank ETF.
Why is BMO Equal Weight Bank 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 Equal Weight Bank ETF worth watching?
7 stock analysts on Stockchase covered BMO Equal Weight Bank ETF In the last year. It is a trending stock that is worth watching.
What is BMO Equal Weight Bank ETF stock price?
On 2020-09-25, BMO Equal Weight Bank ETF (ZEB-T) stock closed at a price of $25.03.
