Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
December 4, 2018
Buy bank stocks as bond proxies? He likes Canadian banks, especially with covered calls like ZWB. Pricey at 75 basis points, but he has directly seen the value that BMO provides to this ETF. This isn't a bond substitute, but he's rather be paid 4% (dividend) after some dopey high-yield fund or ETF. But he wouldn't hold more than a 10% weighting in Canadian banks.
Buy bank stocks as bond proxies? He likes Canadian banks, especially with covered calls like ZWB. Pricey at 75 basis points, but he has directly seen the value that BMO provides to this ETF. This isn't a bond substitute, but he's rather be paid 4% (dividend) after some dopey high-yield fund or ETF. But he wouldn't hold more than a 10% weighting in Canadian banks.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$18.070
Owned
Unknown
BUY
BUY
December 4, 2018
Or buy ZWD instead? He likes it because it has both Canadian and American utilities, and it has a covered call. The only problem with utilities is that they can't raise revenues (pass them onto the consumer) when interest rates rise.
Or buy ZWD instead? He likes it because it has both Canadian and American utilities, and it has a covered call. The only problem with utilities is that they can't raise revenues (pass them onto the consumer) when interest rates rise.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$12.830
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
December 4, 2018
(A Top Pick Nov 20/17, Up 3%) One of the few Canadian things he likes. Industrials will still do well in Canada, despite our oil patch disaster. Still holds it.
(A Top Pick Nov 20/17, Up 3%) One of the few Canadian things he likes. Industrials will still do well in Canada, despite our oil patch disaster. Still holds it.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$26.340
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 4, 2018
(A Top Pick Nov 20/17, Up 1%) Likes this because it focuses on industrials, getting away from energy, financials and materials which dominate the TSX. This offers diversification.
(A Top Pick Nov 20/17, Up 1%) Likes this because it focuses on industrials, getting away from energy, financials and materials which dominate the TSX. This offers diversification.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$70.260
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 4, 2018
(A Top Pick Nov 20/17, Down 3%) He likes it, because it doesn't overweight energy and financials, as found on the TSX. He prefers ZIN and ZIT, though.
(A Top Pick Nov 20/17, Down 3%) He likes it, because it doesn't overweight energy and financials, as found on the TSX. He prefers ZIN and ZIT, though.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$9.640
Owned
Yes
WEAK BUY
WEAK BUY
December 4, 2018
He'd play Europe this way. Pays a good 6% dividend. But Europe is such a morass with Brexit and ultra-nationalism in other places. He can't get excited about Europe.
He'd play Europe this way. Pays a good 6% dividend. But Europe is such a morass with Brexit and ultra-nationalism in other places. He can't get excited about Europe.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$19.500
Owned
Unknown
BUY
BUY
December 4, 2018
They do a complicated derivative swap, so what happens if there's a default? Yes, this is a swapped-based ETF, which means you don't get paid any dividend. It's a swap; complicated, but basically you get the same return as the index. Horizons has been doing this kind of ETF for a long time. He's comfortable with this ETF.
They do a complicated derivative swap, so what happens if there's a default? Yes, this is a swapped-based ETF, which means you don't get paid any dividend. It's a swap; complicated, but basically you get the same return as the index. Horizons has been doing this kind of ETF for a long time. He's comfortable with this ETF.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$32.480
Owned
Unknown