TSE:XBM

19.68
0.15 (0.76%) 1d
0

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Investor Insights

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

The experts agree that XBM-T, the iShares S&P/TSX Gb Base Metals ETF, holds larger-cap stocks in the base metals sector, such as First Quantum, Rio Tinto, and Freeport-McMoRan. They highlight the long-term demand for base metals and the potential for a new bull market in the copper space. The consensus among the experts is that this ETF is positioned for growth and should be considered a bullish investment.

Consensus
Bullish
Valuation
Undervalued
Similar
FCX,F
BUY

Base metals ETF?

Base metals are economically sensitive, but there is long-term demand for them. XBM holds larger-cap stocks like First Quantum, Rio Tinto and Freeport-McMoRan. 50% of this ETF are the biggest names.

E.T.F.'s
BUY

The recession for copper ended back in October 2022. If we can take out just above $4, that would confirm the series of higher highs and lows, which is the definition of an uptrend. That's what we should expect to see if we're actually starting a new 3-5 year bull market.

He'd be looking to add. When equities lead the commodities higher, that's really bullish. If it takes out its level from the start of the year, that would be very positive, telling us it's going to test highs from 2022.

He really likes the copper space. See his Top Picks.

E.T.F.'s
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Gold is the cheapest it has been by historical standards. A good choice for general exposure. Good value and provides global exposure to base metals. The sector is highly cyclical. Unlock Premium - Try 5i Free

E.T.F.'s
BUY ON WEAKNESS
Two thumbs up. The base metals is a great way to play the reflation and recovery story. Infrastructure and the greening of the world will bring demand for copper. Want to buy dips here. Don't chase new highs. Trend is there and it has several years to go.
E.T.F.'s
BUY

Likes base metals, as they're cyclical and sensitive to the economic upturn. Fee is 60 basis points for a diversified mix. Holds BHP, Rio Tinto, First Quantum, and FCX. Volatile, so a 5-10% swing either way is very normal. He owns MXI, in US funds which he prefers, and is only 46 basis points. Great area with the recovery, inflation, and commodity prices moving higher.

E.T.F.'s
COMMENT
Now is the time to start edging into this sector. Expect volatility though. To reduce that and add income, then look at BASE, a new ETF from Evolve. Nobody knows the bottom in mining.
E.T.F.'s
PAST TOP PICK
(A Top Pick Jul 13/18, Down 13%) He loves base metals. There'll be high torque on this ETF. Copper plays significantly in this, because e-cars need a lot more copper than gas cars.
E.T.F.'s
PAST TOP PICK

(A Top Pick May 15/19, Down 18%) It got hit severely. All base metals are basically four companies. We haven't had a metal cycle in quite a while. The catalyst will be when the US dollar stops being so high and also shortages occur.

E.T.F.'s
PAST TOP PICK
(A Top Pick Feb 16/18, Down 23%) The biggest drop was the summer through to today when we normally have an uptick. It will probably have a pretty big catch up. A year out investors will be quite happy they stuck with it.
E.T.F.'s
PAST TOP PICK
(A Top Pick Jan 03/18, Down 23%) He'd buy this one today. One of the best base metals around. Found support around $10 early this year. The China-US trade dispute is a problem. Late-October saw a low, then a low in late-November. Now, there's good risk-to-reward in base metals. Good value. There's resistance around $12, but if it gets through that it'll revisit highs of $15.
E.T.F.'s
PAST TOP PICK
(A Top Pick Dec 04/17, Down 9%) Still likes it and still holds it. It held on during today's sell-off despite limited volume. He had a place to hang his hat on its December 2018 lows. The risk-to-reward is really good, though it's not an ideal chart. It's coming back at support around $11.50.
E.T.F.'s
PAST TOP PICK

(A Top Pick Nov. 17/17, Down 4%) This is set up for a nice little double bottom. This is about risk to reward. If we break $11.90 then there is something more going on.

E.T.F.'s
TOP PICK

We are right at the inflection point. You get a lot of good names. The risk reward is really good. He would buy this for clients coming in.

E.T.F.'s
PAST TOP PICK

(Past Top Pick on Sept 21, 2017, Up 6%) We're currently at the trend line, and it's getting hit now with U.S. trade issues. So, if there's positive news about U.S. trade, this will shoot up. He bought this at $11.

E.T.F.'s
PAST TOP PICK

(A Top Pick July 20/17 Up 21%). It has been losing some value lately, but thinks the risk-reward near $13.50 looks good and this is a previous area of resistance back late last year. He expects to see a test again of $15.50 and would still suggest this as a buy at these levels on a technical basis.

E.T.F.'s
Showing 1 to 15 of 39 entries

iShares S&P/TSX Gb Base Metals(XBM-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for iShares S&P/TSX Gb Base Metals 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.

iShares S&P/TSX Gb Base Metals(XBM-T) Frequently Asked Questions

What is iShares S&P/TSX Gb Base Metals stock symbol?

iShares S&P/TSX Gb Base Metals is a Canadian stock, trading under the symbol XBM-T on the Toronto Stock Exchange (XBM-CT). It is usually referred to as TSX:XBM or XBM-T

Is iShares S&P/TSX Gb Base Metals a buy or a sell?

In the last year, 2 stock analysts published opinions about XBM-T. 2 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 iShares S&P/TSX Gb Base Metals.

Is iShares S&P/TSX Gb Base Metals a good investment or a top pick?

iShares S&P/TSX Gb Base Metals was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares S&P/TSX Gb Base Metals.

Why is iShares S&P/TSX Gb Base Metals 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 iShares S&P/TSX Gb Base Metals worth watching?

2 stock analysts on Stockchase covered iShares S&P/TSX Gb Base Metals In the last year. It is a trending stock that is worth watching.

What is iShares S&P/TSX Gb Base Metals stock price?

On 2024-03-18, iShares S&P/TSX Gb Base Metals (XBM-T) stock closed at a price of $19.68.