Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Experts have mixed opinions about Harvest Tech Achievers Growth & Income ETF Class A (HTA-T). Some believe that the covered call ETF has performed well due to its investment in tech but caution against the drag caused by covered calls. They also expect an earnings problem in the tech sector in the coming months. Others compare HTA to ZQQ and prefer the latter for full growth potential without being limited by covered calls. However, overall, the ETF is seen as offering strong performance for large tech companies with a suggestion to wait for a price drop before buying, making it a long-term investment.

Consensus
Mixed
Valuation
Fair Value
Similar
QQQ,NASDAQ:QQQ
DON'T BUY

A covered call ETF that's done very well because it holds tech. Nothing wrong with that, but remember that the covered call acts as an underlying drag on the underlying stocks. If he's investing in higher-risk including tech, he doesn't want covered calls, but likes them on dividend payers and banks. As for tech, he expects an earnings problem in the next few months.

E.T.F.'s
DON'T BUY
HTA vs. ZQQ

He'd be more cautious of HTA, because if he's going to take the risk of tech, he wants to have the full growth potential of that and not be somewhat coralled by covered calls. On tech, he'd be doing ZQQ.

E.T.F.'s
BUY ON WEAKNESS

Growth and income for large tech companies.
Very strong performance. 
Wait to buy when price falls. 
Not a good short term investment.
Need to wait a long time for investment.


E.T.F.'s
BUY

They pick up major tech stocks and write options on them. Harvest ETFs are good with yield, though not growth. Overall, it's fine.

E.T.F.'s
DON'T BUY
He's fairly underweight the tech space. Underperformed the broader market. High yield of 9% or so, but total return hasn't done well. You don't want to be in tech in this part of the cycle. Beyond the first few names, the stocks are expensive. Visibility of earnings and revenue from the smaller-cap names is a bit tougher as well.
E.T.F.'s
BUY
Tech & Health Care. If you are going to own one you might as well own both of them. Both are mega caps. These are covered written to get extra income (yield). He would say to go with health care in this case, however, if not both.
E.T.F.'s
COMMENT

Most Harvest ETFs pay a very good yield, because they do the covered call overlay, but some of the charts are choppy. You'd be better off with ZQQ-T. Do you want the straight growth or a covered call?

E.T.F.'s
COMMENT

Harvest is pretty new to ETF space. Takes the best known companies and adds covered call. Problem is that covered calls will most always be outperformed by the companies themselves. Covered calls are great for generating tax-efficient income, but not growth.

E.T.F.'s
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Harvest Tech Achievers Growth & Income ETF Class A(HTA-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

Stockchase rating for Harvest Tech Achievers Growth & Income ETF Class A 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.

Harvest Tech Achievers Growth & Income ETF Class A(HTA-T) Frequently Asked Questions

What is Harvest Tech Achievers Growth & Income ETF Class A stock symbol?

Harvest Tech Achievers Growth & Income ETF Class A is a Canadian stock, trading under the symbol HTA-T on the Toronto Stock Exchange (HTA-CT). It is usually referred to as TSX:HTA or HTA-T

Is Harvest Tech Achievers Growth & Income ETF Class A a buy or a sell?

In the last year, 3 stock analysts published opinions about HTA-T. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Harvest Tech Achievers Growth & Income ETF Class A.

Is Harvest Tech Achievers Growth & Income ETF Class A a good investment or a top pick?

Harvest Tech Achievers Growth & Income ETF Class A was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Harvest Tech Achievers Growth & Income ETF Class A.

Why is Harvest Tech Achievers Growth & Income ETF Class A 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 Harvest Tech Achievers Growth & Income ETF Class A worth watching?

3 stock analysts on Stockchase covered Harvest Tech Achievers Growth & Income ETF Class A In the last year. It is a trending stock that is worth watching.

What is Harvest Tech Achievers Growth & Income ETF Class A stock price?

On 2024-04-23, Harvest Tech Achievers Growth & Income ETF Class A (HTA-T) stock closed at a price of $17.27.