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3 Energy Stocks: The safe, the spec and the ETFThis summary was created by AI, based on 1 opinions in the last 12 months.
Harvest Clean Energy ETF (HCLN-T) has been acknowledged as a Top Pick by various experts, signaling confidence in its potential despite recent challenges, including a noted decline of 7%. The ETF operates within a sector that is currently perceived as undervalued, indicating opportunities for investors who are optimistic about the clean technology landscape. The growth prospects within this industry, driven by increasing demand for sustainable solutions, suggest a positive trajectory. Experts recommend this ETF as a fitting addition to a balanced portfolio, especially for those who are bullish on clean tech investments. Overall, there is a strong belief in the long-term viability and financial upside of this asset.
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.
Good for long term investor.
Some unprofitable companies in ETF.
Will be a long term hold (5-10 years).
Good for buying on dips.
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
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.
Harvest Clean Energy ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Harvest Clean Energy 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 Harvest Clean Energy ETF In the last year. It is a trending stock that is worth watching.
On 2025-02-21, Harvest Clean Energy ETF (HCLN-T) stock closed at a price of $7.48.
Very undervalued sector. Good if bullish for clean tech sector. Good for a balanced portfolio. Would continue to recommend.