Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
April 29, 2019
Is buying three low-vol ETFs--XMU, XMI and XMW with a long-term treasury bond--in a recession a good strategy? He likes that. We're late in the cycle perhaps facing contraction in the near future. A good stategy is low-vol, because these stocks are less sensitive to the economic cycle. It doesn't mean that these low-vol ETFs will go up, but they will be relatively stable. So, in a recession, consumer staples are a good buy, because--for example--people will stay in and cook rather than dine out.
Is buying three low-vol ETFs--XMU, XMI and XMW with a long-term treasury bond--in a recession a good strategy? He likes that. We're late in the cycle perhaps facing contraction in the near future. A good stategy is low-vol, because these stocks are less sensitive to the economic cycle. It doesn't mean that these low-vol ETFs will go up, but they will be relatively stable. So, in a recession, consumer staples are a good buy, because--for example--people will stay in and cook rather than dine out.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$54.320
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
April 29, 2019
20-30 years in the future he foresees no paper or coin, so cybersecurity will be big in the future (and today). But right now these stocks are volatile. We're late cycle, so you don't want to chase this as it makes new highs. Buying dips, sure.
20-30 years in the future he foresees no paper or coin, so cybersecurity will be big in the future (and today). But right now these stocks are volatile. We're late cycle, so you don't want to chase this as it makes new highs. Buying dips, sure.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$29.020
Owned
Unknown
BUY
BUY
April 29, 2019
This writes puts on these stocks a little below and market and generates a yield. It's very defensive, but risky, but better than holding cash. It's exposed to the US dollar. ZPW will give you decent yield.
This writes puts on these stocks a little below and market and generates a yield. It's very defensive, but risky, but better than holding cash. It's exposed to the US dollar. ZPW will give you decent yield.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$17.490
Owned
Unknown
DON'T BUY
DON'T BUY
April 29, 2019
He doesn't like the US banks this late in the cycle as the yield curve inverts. Banks are making less money and will face increasing challenges.
He doesn't like the US banks this late in the cycle as the yield curve inverts. Banks are making less money and will face increasing challenges.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$31.540
Owned
No
BUY WEAKNESS
BUY WEAKNESS
April 29, 2019
Utilities aren't cheap, but this also includes telcos and pipelines. You get diversification across Canada and the U.S. This is pricey now and he wouldn't add here. Pays a 6.5% yield, so there's some safety. It's a defensive play and he really likes this.
Utilities aren't cheap, but this also includes telcos and pipelines. You get diversification across Canada and the U.S. This is pricey now and he wouldn't add here. Pays a 6.5% yield, so there's some safety. It's a defensive play and he really likes this.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$13.380
Owned
Yes
DON'T BUY
DON'T BUY
April 29, 2019
We had a short on it last fall. At the time, he thought the valuation was rich. They missed two straight quarters last year, but they are better shape now. He doesn't see much growth here in this sector. Also, there's lots of competition; they lost some bus contracts.
We had a short on it last fall. At the time, he thought the valuation was rich. They missed two straight quarters last year, but they are better shape now. He doesn't see much growth here in this sector. Also, there's lots of competition; they lost some bus contracts.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$33.470
Owned
No
WEAK BUY
WEAK BUY
April 29, 2019
They buy mom and pop funeral homes and rolling this up. This just made their biggest acquisition and did an equity raise. He likes this, but he's cautious of any acqusition story at the end of a cycle. This is decent long-term.
Park Lawn Corp (PLC-T)
April 29, 2019
They buy mom and pop funeral homes and rolling this up. This just made their biggest acquisition and did an equity raise. He likes this, but he's cautious of any acqusition story at the end of a cycle. This is decent long-term.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$25.270
Owned
Unknown