Buy, Sell or Hold: Horizons S&P/TSX Capped Energy Index (HXE-T)

Home Daily Stock Opinions and Ratings Horizons S&P/TSX Capped Energy Index (HXE-T)

TSE:HXE

38.45

0.10 (0.26%) 1d

PAST TOP PICK

(A Top Pick Aug 15/22, Up 8%)

Believes energy prices will remain strong.
Will continue to own shares.
Expecting higher returns for energy sector going forward.
Expect volatility.

E.T.F.'s

BUY

oil There's underproduction of oil and supply constraints. Also, US oil reserves were drained before their elections and now needs to be filled whenever oil dips to $70. So, oil has a floor and there remains demand. A good sector to own, especially if China opens next spring. XEG holds Canadian oil stocks, and is market-cap weighted, including CNQ, Suncor and Cenovus among its top holding. ZEO is an equal-weight, so offers a little more diversity. And HXE is the cap-weighted ETF like XEG, but it doesn't pay a dividend. So this is good outside an RRSP. For midcap oil, look at NNRG, but charges a higher MER. It depends on your tax preference and the contents of each ETF.

E.T.F.'s

TOP PICK

It is a capped fund and a play on energy which faces a bumpy road. The longer term secular has a positive skew to energy stocks. Because of ESG and the environmental concerns we have under-invested in the production and development of oil and gas and therefore there is a tightness in the supply chain. Start to pick at them, take your time and be patient. Use cyclical draw-downs to build and maintain portfolio positions.

E.T.F.'s

DON'T BUY

Energy ETF Commodities are sensitive to the cycle: warning. Suggests XEG or HXE, both market-cap weighted in oil producers, but they are dominated by Suncor and CNQ (over 50% of these ETFs). For more diversification, look at equal-weighted ZEO-T. But he prefers HUC-T because it gives you commodity--and not commodity stock--exposure. For all of these, be very, very careful--there could be severe drawdowns in energy if the economy falters in the next 12 months.

E.T.F.'s

COMMENT

Use caution since stifling inflation will stifle growth and therefore put pressure on commodities. ZEO is a BMO ETF with equal weight in more companies. He prefers commodity exposure instead of commodity stock exposure but still be cautious with something like HUC.

E.T.F.'s

PAST TOP PICK

(A Top Pick Jan 07/20, Down 10%) The seasonal period actually starts now. The energy sector has been killed again. It is showing some stability now. This downturn is the Corona virus. The lows are all getting higher.

E.T.F.'s

TOP PICK

It's capped but a total return index, covering energy. We're on the cusp of oil seasonality, and oil has been doing well since October. That said, oil is way off the highs from 18 months ago. We're seeing higher lows on the HXE chart, which is good. Feb. 25-May 9 is oil seasonality. Geopolitical tensions may help HXE and oil, but still have a ways to go.

E.T.F.'s

PAST TOP PICK

(A Top Pick Dec 13/16. Down 1.8%.) Energy tends to do well from February into May.

E.T.F.'s

TOP PICK

It is a call on oil. People are saying Canadian oil stocks just pulled back because of potential border taxes, but US oil stocks did the same thing. We are starting to break out right at the beginning of their seasonal period. Feb. 25 until May 9, oil stocks tend to do well. Technically and seasonally it is the right time to step into oil stocks.

E.T.F.'s

Showing 1 to 9 of 9 entries

Horizons S&P/TSX Capped Energy Index(HXE-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Horizons S&P/TSX Capped Energy Index 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.

Horizons S&P/TSX Capped Energy Index(HXE-T) Frequently Asked Questions

What is Horizons S&P/TSX Capped Energy Index stock symbol?

Horizons S&P/TSX Capped Energy Index is a Canadian stock, trading under the symbol HXE-T on the Toronto Stock Exchange (HXE-CT). It is usually referred to as TSX:HXE or HXE-T

Is Horizons S&P/TSX Capped Energy Index a buy or a sell?

In the last year, there was no coverage of Horizons S&P/TSX Capped Energy Index published on Stockchase.

Is Horizons S&P/TSX Capped Energy Index a good investment or a top pick?

Horizons S&P/TSX Capped Energy Index was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons S&P/TSX Capped Energy Index.

Why is Horizons S&P/TSX Capped Energy Index 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 Horizons S&P/TSX Capped Energy Index worth watching?

0 stock analysts on Stockchase covered Horizons S&P/TSX Capped Energy Index In the last year. It is a trending stock that is worth watching.

What is Horizons S&P/TSX Capped Energy Index stock price?

On 2024-11-22, Horizons S&P/TSX Capped Energy Index (HXE-T) stock closed at a price of $38.45.

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Horizons S&P/TSX Capped Energy Index (HXE-T)

TSE:HXE

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T) Rating

Horizons S&P/TSX Capped Energy Index(HXE-T) Frequently Asked Questions

What is Horizons S&P/TSX Capped Energy Index stock symbol?

Is Horizons S&P/TSX Capped Energy Index a buy or a sell?

Is Horizons S&P/TSX Capped Energy Index a good investment or a top pick?

Why is Horizons S&P/TSX Capped Energy Index stock dropping?

Is Horizons S&P/TSX Capped Energy Index worth watching?

What is Horizons S&P/TSX Capped Energy Index stock price?

Latest Buy Signals

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Horizons S&P/TSX Capped Energy Index (HXE-T)

TSE:HXE

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T)

Horizons S&P/TSX Capped Energy Index(HXE-T) Rating

Horizons S&P/TSX Capped Energy Index(HXE-T) Frequently Asked Questions

What is Horizons S&P/TSX Capped Energy Index stock symbol?

Is Horizons S&P/TSX Capped Energy Index a buy or a sell?

Is Horizons S&P/TSX Capped Energy Index a good investment or a top pick?

Why is Horizons S&P/TSX Capped Energy Index stock dropping?

Is Horizons S&P/TSX Capped Energy Index worth watching?

What is Horizons S&P/TSX Capped Energy Index stock price?

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Eric Nuttall

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Kim Bolton

Stockchase Insights