Investor Insights

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

The experts have differing opinions on the BMO Canadian Bank Income Index ETF (ZBI-T). One expert has highlighted it as a top pick with a 6% increase, while another mentions the attraction of the limited recourse capital notes in the past but expresses that the market interest has faded. The ETF seems to have experienced shifts in market sentiment and performance over time, making it a contentious topic for experts.

Consensus
Mixed
Valuation
Fair Value
DON'T BUY

Came out a few years ago with LCDN's (limited recourse capital notes) to add another dimension to the  income stream of the banks. The markets was attracted to this for a while, but no longer. He once owned this.

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PAST TOP PICK
(A Top Pick Jul 08/22, Up 6%)

See other comments today on ZBI. No longer owns it.

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PAST TOP PICK
(A Top Pick Feb 22/22, Down 7%) It was a new product, a split between a preferred stock and a bond. It was paying a full point more than anything else. He was sitting in cash then. He bought a little of it and it disappointed. He will sell it.
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TOP PICK
New product. 60% Canadian bank bonds, 25% instruments that work like preferred shares, but pay out income. Based on the Canadian banking system, which he's very confident in. Yield around 3%.
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BMO Canadian Bank Income Index ETF(ZBI-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for BMO Canadian Bank Income 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.

BMO Canadian Bank Income Index ETF(ZBI-T) Frequently Asked Questions

What is BMO Canadian Bank Income Index ETF stock symbol?

BMO Canadian Bank Income Index ETF is a Canadian stock, trading under the symbol ZBI-T on the Toronto Stock Exchange (ZBI-CT). It is usually referred to as TSX:ZBI or ZBI-T

Is BMO Canadian Bank Income Index ETF a buy or a sell?

In the last year, 2 stock analysts published opinions about ZBI-T. 1 analyst 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 BMO Canadian Bank Income Index ETF.

Is BMO Canadian Bank Income Index ETF a good investment or a top pick?

BMO Canadian Bank Income Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO Canadian Bank Income Index ETF.

Why is BMO Canadian Bank Income 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 BMO Canadian Bank Income Index ETF worth watching?

2 stock analysts on Stockchase covered BMO Canadian Bank Income Index ETF In the last year. It is a trending stock that is worth watching.

What is BMO Canadian Bank Income Index ETF stock price?

On 2024-07-25, BMO Canadian Bank Income Index ETF (ZBI-T) stock closed at a price of $29.65.