This summary was created by AI, based on 1 opinions in the last 12 months.
According to the experts, the Horizons Long Term US Treasury Premium Yield ETF (LPAY-T) is not a favorable investment option due to the negative impact of rising interest rates. The past year's performance has shown that holding this stock can result in significant losses, making it a risky choice for investors looking for stable returns. The consensus among the experts is that this ETF may not be a wise investment given the current market conditions and economic outlook. Given the potential downside associated with this stock, investors should proceed with caution and consider alternative options for their portfolio.
Horizons Long Term US Treasury Premium Yield ETF is a Canadian stock, trading under the symbol LPAY-T on the Toronto Stock Exchange (LPAY-CT). It is usually referred to as TSX:LPAY or LPAY-T
In the last year, 1 stock analyst published opinions about LPAY-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 Horizons Long Term US Treasury Premium Yield ETF.
Horizons Long Term US Treasury Premium Yield ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Horizons Long Term US Treasury Premium 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 Horizons Long Term US Treasury Premium Yield ETF published on Stockchase.
On 2024-12-13, Horizons Long Term US Treasury Premium Yield ETF (LPAY-T) stock closed at a price of $26.9.
As we've seen in the past year, when interest rates rise, you will get killed holding this.