Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
December 24, 2018
A BMO covered call ETF on Canadian banks. It is not a trading vehicle. The purpose of a covered call ETF is to harvest the premiums. This has gone down by less than an ETF just focused on banks with no covered calls. This is a longer term vehicle. Get it if you expect banks to be range bound or go up a little, but if they were going to rocket up you would not want the covered calls.
A BMO covered call ETF on Canadian banks. It is not a trading vehicle. The purpose of a covered call ETF is to harvest the premiums. This has gone down by less than an ETF just focused on banks with no covered calls. This is a longer term vehicle. Get it if you expect banks to be range bound or go up a little, but if they were going to rocket up you would not want the covered calls.
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$16.640
Owned
Unknown
COMMENT
COMMENT
December 24, 2018
Canadian Materials ETF. It is 70% gold equities. They earn a dividend but MXF-T writes covered calls on 25% of their holdings and then pays a distribution. It has gone down with the overall market and then broke its trend to move sideways. If you expect the sector to do okay this is a good way to get exposure to this. Covered calls work well when there is slow growth in the stocks it holds.
Canadian Materials ETF. It is 70% gold equities. They earn a dividend but MXF-T writes covered calls on 25% of their holdings and then pays a distribution. It has gone down with the overall market and then broke its trend to move sideways. If you expect the sector to do okay this is a good way to get exposure to this. Covered calls work well when there is slow growth in the stocks it holds.
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$11.100
Owned
Unknown
HOLD
HOLD
December 24, 2018
It has come down a bit and broken its overall support level but the energy sector has been hit hard. If you are positive going forward, this is not a bad way to play the sector. He has not seen anything to say the dividend is not safe.
Inter Pipeline(IPL-T)
December 24, 2018
It has come down a bit and broken its overall support level but the energy sector has been hit hard. If you are positive going forward, this is not a bad way to play the sector. He has not seen anything to say the dividend is not safe.
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$18.900
Owned
Unknown
WEAK BUY
WEAK BUY
December 24, 2018
The lifecos in Canada have not done well this year. We saw a breakdown in this one this month. We see rising rates and this should help MFC-T. We have seen a substantial pull down in MFC-T and it tends to do well until April each year.
Manulife Financial(MFC-T)
December 24, 2018
The lifecos in Canada have not done well this year. We saw a breakdown in this one this month. We see rising rates and this should help MFC-T. We have seen a substantial pull down in MFC-T and it tends to do well until April each year.
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$18.500
Owned
Unknown
DON'T BUY
DON'T BUY
December 24, 2018
We have seen some of the Telcos pull back in the US. On one hand they pay higher dividends but they are suffering here a little bit. He would look at other sectors as we have seen a breakdown of the rising trend.
Verizon Communications(VZ-N)
December 24, 2018
We have seen some of the Telcos pull back in the US. On one hand they pay higher dividends but they are suffering here a little bit. He would look at other sectors as we have seen a breakdown of the rising trend.
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$53.050
Owned
Unknown
WATCH
WATCH
December 24, 2018
He is looking at it. It has been on his watch list for quite a while. They made the same mistake as before when they ran up debt. They are selling off things that will hurt them. They don't seem to care that much about Canada now. Governments may be less likely to feed them in the future. It could be a good buy later on. He would rather sit back and watch it.
Bombardier Inc (B)(BBD.B-T)
December 24, 2018
He is looking at it. It has been on his watch list for quite a while. They made the same mistake as before when they ran up debt. They are selling off things that will hurt them. They don't seem to care that much about Canada now. Governments may be less likely to feed them in the future. It could be a good buy later on. He would rather sit back and watch it.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.860
Owned
No
WATCH
WATCH
December 24, 2018
He did well when he held it just before they started the dividend. He missed a lot of the major upside. It is back on the stock watch list. They pay a lovely dividend. But they have a fairly high debt load. He might buy it later on.
High Liner Foods(HLF-T)
December 24, 2018
He did well when he held it just before they started the dividend. He missed a lot of the major upside. It is back on the stock watch list. They pay a lovely dividend. But they have a fairly high debt load. He might buy it later on.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$6.600
Owned
No