This summary was created by AI, based on 1 opinions in the last 12 months.
The experts have a mixed view on ZCLN-T, the Canadian version of ICLN. They observe that the ETF performed poorly under the climate-friendly Biden administration, and the chart shows a multi-year low. However, they also note that it is cheap relative to other options and could be a good buy for long-term investors. The stock got crushed when Trump won the nomination, making it a potential opportunity for those willing to invest when there's 'blood in the streets.' Overall, there is cautious optimism about the potential for long-term growth.
The ZCLN is very similar to the ICLN, but in Canadian dollars. Some of these ETFs have fallen over the last few months, but now are stabilizing and moving higher. One of the mega-trends. Watch that most stocks have already priced in positive moves, where the average PE of the stocks is about 52x. Be careful of valuations.
BMO Clean Energy Index ETF is a Canadian stock, trading under the symbol ZCLN-T on the Toronto Stock Exchange (ZCLN-CT). It is usually referred to as TSX:ZCLN or ZCLN-T
In the last year, 1 stock analyst published opinions about ZCLN-T. 1 analyst 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 Clean Energy Index ETF.
BMO Clean Energy Index ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO Clean Energy Index ETF.
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.
1 stock analyst on Stockchase covered BMO Clean Energy Index ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-13, BMO Clean Energy Index ETF (ZCLN-T) stock closed at a price of $13.245.
Likes ICLN long term (ZCLN is the Canadian version). Challenge is that under a climate-friendly Biden administration, it did poorly. You need to look at the 5-year chart to gain perspective. When Biden was elected, a lot of these names had a lot of excitement around them and the ETF really shot up. But there was no follow-through, so the chart looks like a multi-year low. It's certainly not going to improve under a Trump presidency.
Cheap relative to lots of things out there. When Trump won the nomination, a lot of solar/wind/clean energy stocks got absolutely crushed. If you're a long-term thinker, this is the time to buy, when there's blood in the streets.