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This week’s new 52-week lows… (Nov 28-Dec 04)This summary was created by AI, based on 1 opinions in the last 12 months.
Some experts consider the BetaPro Crude Oil Leveraged Daily Bull ETF as a very risky investment and caution against using it for long-term speculation on oil. They also warn about serious tracking errors and the potential manipulation of oil prices. Instead, they recommend investing in oil stocks with lower risk and higher dividends. Overall, the consensus is that this ETF is not a good vehicle for oil speculation, especially for long-term investments.
BetaPro Crude Oil Leveraged Daily Bull ETF is a Canadian stock, trading under the symbol HOU-T on the Toronto Stock Exchange (HOU-CT). It is usually referred to as TSX:HOU or HOU-T
In the last year, 1 stock analyst published opinions about HOU-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 BetaPro Crude Oil Leveraged Daily Bull ETF.
BetaPro Crude Oil Leveraged Daily Bull ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BetaPro Crude Oil Leveraged Daily Bull 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 BetaPro Crude Oil Leveraged Daily Bull ETF published on Stockchase.
On 2024-10-11, BetaPro Crude Oil Leveraged Daily Bull ETF (HOU-T) stock closed at a price of $13.645.
If you want to speculate on oil, is this a good vehicle? Very, very risky.
One good thing about being in the stock market is that if you don't get it right, right away, over the long term you tend to get bailed out. Products like this have serious tracking errors. You have to be very careful. Only for very short term. He wouldn't use it. The oil price is manipulated.
Lots of oil stocks are pretty cheap, pay nice dividends, have good shareholder returns. That's what he'd do. It's more boring, but less risky.