This summary was created by AI, based on 2 opinions in the last 12 months.
The experts have mixed opinions about Mulvihill Canadian Bank Enhanced Yield ETF. One expert believes that the spread will not widen too much and suggests better options to trade due to liquidity. The other expert sees it as a covered call on banks, similar to ZWB but with the use of leverage. However, they caution against the risk it poses, especially for retired or soon-to-be-retired clients. Overall, there is a divide in the expert opinions, with some recommending against buying at this time.
A covered call on banks, which is similar to ZWB. The difference, however, is that Mulvihill uses leverage of 25%. He doesn't buy anything that uses leverage or margins, as there's too much risk to clients who are retired or soon to be. Nothing wrong with it as long as you're willing to accept the risk.
Mulvihill Canadian Bank Enhanced Yield ETF is a Canadian stock, trading under the symbol CBNK-T on the Toronto Stock Exchange (CBNK-CT). It is usually referred to as TSX:CBNK or CBNK-T
In the last year, 1 stock analyst published opinions about CBNK-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 Mulvihill Canadian Bank Enhanced Yield ETF.
Mulvihill Canadian Bank Enhanced Yield ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Mulvihill Canadian Bank Enhanced Yield 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.
In the last year, there was no coverage of Mulvihill Canadian Bank Enhanced Yield ETF published on Stockchase.
On 2024-10-11, Mulvihill Canadian Bank Enhanced Yield ETF (CBNK-T) stock closed at a price of $8.16.
Does not expect spread to widen too much. Better names to trade due to liquidity. Would not recommend buying at this time.