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3 Energy Stocks: The safe, the spec and the ETF
Investor Insights

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

The experts agree that the clean energy sector is currently undervalued and has potential for growth. They recommend this stock for a balanced portfolio and for investors bullish on the clean tech sector. Additionally, they advise on tax-loss trades and cycling into correlated ETFs as a way to right-size a portfolio while still gaining exposure to the clean energy investment themes.

Consensus
Undervalued
Valuation
Undervalued
Similar
XMA, i.e. i.e. i.e. S&P Metals and Mining Select Industry Index
PAST TOP PICK
(A Top Pick Dec 06/23, Down 7%)

Very undervalued sector. Good if bullish for clean tech sector. Good for a balanced portfolio. Would continue to recommend. 

E.T.F.'s
TOP PICK

Clean energy stocks have suffered. If you happen to own any clean energy stocks that are particularly beaten up, you have until around December 27 (check with your tax advisor) to effect some tax-loss trades. Selling a stock and cycling into a correlated ETF is recognized by the CRA (again, check with that advisor!). A way to right-size your portfolio but still get exposure to the clean energy investment themes that you want, and participate if there's a sudden and rapid recovery in the space.

Saw this similar strategy weeks ago with the bank stocks. If you have materials, look at XMA. If you own utilities, look at ZUT.

E.T.F.'s
BUY

Good for long term investor.
Some unprofitable companies in ETF.
Will be a long term hold (5-10 years).
Good for buying on dips.

E.T.F.'s
BUY ON WEAKNESS
Allan Tong’s Discover Picks HCLN is unhedged, and charges a 0.4% MER. Holdings include the China Longyuan Power Group, First Solar (American), Boralex (Canada), Plug Power (American) and VERBIO Vereingte BioEnergie (German). There are some good names here, such as Northland Power. Over half the basket deals in renewable power generation, plus 23.7% in solar power, and a third of the companies are in the U.S. Read 3 Energy Stocks: The safe, the spec and the ETF for our full analysis.
E.T.F.'s
BUY ON WEAKNESS
An exciting sector. Sector goes into hype phases and then discounts future earnings. Now it has pulled back to trend and it is an interesting play here. Likes the pull back. Has been nibbling away for exposure and has a half position right now. A good way to play the sector.
E.T.F.'s
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Harvest Clean Energy ETF(HCLN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Harvest Clean Energy 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.

Harvest Clean Energy ETF(HCLN-T) Frequently Asked Questions

What is Harvest Clean Energy ETF stock symbol?

Harvest Clean Energy ETF is a Canadian stock, trading under the symbol HCLN-T on the Toronto Stock Exchange (HCLN-CT). It is usually referred to as TSX:HCLN or HCLN-T

Is Harvest Clean Energy ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about HCLN-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 Harvest Clean Energy ETF.

Is Harvest Clean Energy ETF a good investment or a top pick?

Harvest Clean Energy ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Harvest Clean Energy ETF.

Why is Harvest Clean Energy 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 Harvest Clean Energy ETF worth watching?

1 stock analyst on Stockchase covered Harvest Clean Energy ETF In the last year. It is a trending stock that is worth watching.

What is Harvest Clean Energy ETF stock price?

On 2024-04-26, Harvest Clean Energy ETF (HCLN-T) stock closed at a price of $8.35.