TSE:ZEB
36.38
0.03
(0.07%)
Analysis and Opinions about ZEB-T
Signal
Opinion
Expert
Chart
COMMENT
COMMENT
June 7, 2021
The profitability of banks is net interest margins. The steepening of the yield curve has led to banks being more profitable. A flattening yield curve is a headwind. We are not there yet. When the yield curve starts to flatten. ZEB is good to capture upside, and ZWB for when it will go sideways to down.
The profitability of banks is net interest margins. The steepening of the yield curve has led to banks being more profitable. A flattening yield curve is a headwind. We are not there yet. When the yield curve starts to flatten. ZEB is good to capture upside, and ZWB for when it will go sideways to down.
COMMENT
COMMENT
May 31, 2021
Different ways to play the Canadian banks. There is some volatility but there is yield to compensate.
Show full opinionHide full opinionDifferent ways to play the Canadian banks. There is some volatility but there is yield to compensate.
PAST TOP PICK
PAST TOP PICK
May 5, 2021
(A Top Pick Mar 01/21, Up 9%) No bank exposure right now. Seasonally, starts to back off right about now, especially if interest rates do start to move down. Might be an uptick in August, with earnings. Best to wait until October to re-enter.
Show full opinionHide full opinion(A Top Pick Mar 01/21, Up 9%) No bank exposure right now. Seasonally, starts to back off right about now, especially if interest rates do start to move down. Might be an uptick in August, with earnings. Best to wait until October to re-enter.
COMMENT
COMMENT
April 12, 2021
ZEB is equal weight where as ZWB is equal weight banks with a covered call overlay. When you think the markets will go sideways or down, covered calls will perform better. However, the covered call gives away some of the upside potential so if you are bullish on growth, forego the covered call.
BUY
BUY
March 15, 2021
You have credit risk for mortgages. Banks are well provisioned for credit losses, though these might be loosened shortly. The yield curve is steepening so in the short run, banks are more profitable. It's hard to say how much is priced in. Not early but if the yield curve remains steep, banks will do well over the next few years.
Show full opinionHide full opinionYou have credit risk for mortgages. Banks are well provisioned for credit losses, though these might be loosened shortly. The yield curve is steepening so in the short run, banks are more profitable. It's hard to say how much is priced in. Not early but if the yield curve remains steep, banks will do well over the next few years.
COMMENT
COMMENT
March 1, 2021
Viewer sought advice on allocating money from a GIC coming to term. Canadian banks are amongst the best in the world with stable dividends. There is little worry asides from the equity market risk. You could see draw downs like we saw with covid. You have to be able to not panic when it falls from $28 to $18.
Show full opinionHide full opinionViewer sought advice on allocating money from a GIC coming to term. Canadian banks are amongst the best in the world with stable dividends. There is little worry asides from the equity market risk. You could see draw downs like we saw with covid. You have to be able to not panic when it falls from $28 to $18.
TOP PICK
TOP PICK
March 1, 2021
Canadian banks have performed really well recently. A lot has to do with rising interest rates. Canadian banks are unique. They are an oligopoly. If the market slips a bit here, Canadian banks can perform well.
Show full opinionHide full opinionCanadian banks have performed really well recently. A lot has to do with rising interest rates. Canadian banks are unique. They are an oligopoly. If the market slips a bit here, Canadian banks can perform well.
BUY
BUY
December 7, 2020
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Banks remain attractive, especially for their valuation and dividends. The banking sector rallied strongly in November but the ETF is still a fine buy. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Banks remain attractive, especially for their valuation and dividends. The banking sector rallied strongly in November but the ETF is still a fine buy. Unlock Premium - Try 5i Free
COMMENT
COMMENT
November 30, 2020
Canadian banks are much better run and offer good dividend yields compared to elsewhere in the world. There is some risk in the housing sector and some challenges to growth. He would favour ZWB right now. Once markets correct 10-15%, get out of the ZWB and get ZEB for the growth.
HOLD
HOLD
November 16, 2020
There is still some economic risk, such as mortgage forbearance that has not hit Main Street yet. It's not his favourite area. The Canadian banks came back more than American ones so there is probably more value than other areas. As investors move from growth to value, banks could see some upside. Be cautious and he would prefer the ZWB to get into the Canadian banks.
There is still some economic risk, such as mortgage forbearance that has not hit Main Street yet. It's not his favourite area. The Canadian banks came back more than American ones so there is probably more value than other areas. As investors move from growth to value, banks could see some upside. Be cautious and he would prefer the ZWB to get into the Canadian banks.
COMMENT
COMMENT
November 2, 2020
Owns all the Canadian banks and you don't have to worry which one is going to lead. However, the US banks are also quite cheap relative to the Canadian banks.
Show full opinionHide full opinionOwns all the Canadian banks and you don't have to worry which one is going to lead. However, the US banks are also quite cheap relative to the Canadian banks.
COMMENT
COMMENT
October 5, 2020
The rule of thumb is, if you are bullish, then you don't want the headwind of the covered call overlay. If you are concerned about sideways or downside risk, then you want the additional yield from the covered call.
Show full opinionHide full opinionThe rule of thumb is, if you are bullish, then you don't want the headwind of the covered call overlay. If you are concerned about sideways or downside risk, then you want the additional yield from the covered call.
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.
BMO Equal Weight Bank ETF(ZEB-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
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, 4 stock analysts published opinions about ZEB-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 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 2021-06-07. 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?
4 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 2021-06-22, BMO Equal Weight Bank ETF (ZEB-T) stock closed at a price of $36.375.
