Buy, Sell or Hold: Horizons Equal Weight Canada Banks Index ETF (HEWB-T)

TSE:HEWB

28.02

0.18 (0.64%) 1d

Showing 1 to 4 of 4 entries

DON'T BUY

Good moment to buy Canadian banks? In positive scenario, can expect S&P at 4700 at the end of the year which would be good for Canadian banks. In recession scenario, S&P at 3600. Question is will there be a recession? It is likely and markets haven't priced that in fully.

E.T.F.'s

PAST TOP PICK

(A Top Pick Sep 24/19, Up 2%) The banks peaked after that, relative to the market. The end of August was a bottom. They started to break out in October. Earnings in late November needs to be good for the stock to not take a hit, from a seasonal perspective. Watching US financials.

E.T.F.'s

TOP PICK

The Canadian banks have performed poorly most of this year, but have since a sharp uptick this month. Seasonality begins Oct. 10.

E.T.F.'s

BUY

Which Canadian financials ETF to buy? Do you want income or equal weight? Defer capital gains? FIE-T pays a monthly income and include preferred shares, corporate bonds and banks stocks, so it's diversified. If you don't want this income and prefer exposure and a total return swap and defer the taxation, then he suggests HWEB-T. You don't get dividends, so it's a great way to defer capital gains. But do you want to pay an MER to hold the big 6 Canadian banks?

E.T.F.'s

Showing 1 to 4 of 4 entries

Horizons Equal Weight Canada Banks Index ETF(HEWB-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Horizons Equal Weight Canada Banks Index ETF 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 Equal Weight Canada Banks Index ETF(HEWB-T) Frequently Asked Questions

What is Horizons Equal Weight Canada Banks Index ETF stock symbol?

Horizons Equal Weight Canada Banks Index ETF is a Canadian stock, trading under the symbol HEWB-T on the Toronto Stock Exchange (HEWB-CT). It is usually referred to as TSX:HEWB or HEWB-T

Is Horizons Equal Weight Canada Banks Index ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about HEWB-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Horizons Equal Weight Canada Banks Index ETF.

Is Horizons Equal Weight Canada Banks Index ETF a good investment or a top pick?

Horizons Equal Weight Canada Banks Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons Equal Weight Canada Banks Index ETF.

Why is Horizons Equal Weight Canada Banks Index 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 Horizons Equal Weight Canada Banks Index ETF worth watching?

1 stock analyst on Stockchase covered Horizons Equal Weight Canada Banks Index ETF In the last year. It is a trending stock that is worth watching.

What is Horizons Equal Weight Canada Banks Index ETF stock price?

On 2022-06-30, Horizons Equal Weight Canada Banks Index ETF (HEWB-T) stock closed at a price of $28.02.

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