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Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Terry Shaunessy commented about whether XGRO.TO, ACWX, PHYS, HMMJ.TO, ZQQ.TO, EQL.TO, ZUP.TO, VEE.TO, XBM.TO, XEC.TO, VGRO.TO, IAT, XEF.TO, XBB.TO, HED.TO, XGD.TO, VCNS.TO are stocks to buy or sell.

DON'T BUY

Active managers don't beat bond indexes, net of fees. XBB is better, a straight bond universe and is cheaper; it'll perform just as well.

BUY

HED-T Active managers don't beat bond indexes, net of fees. But he likes XBB which offers the a straight, simple Canadian bond universe and is cheap; it'll perform just as well as an actively managed bond index.

BUY
Using cash to build a balanced portfolio in ETFs with a geographic spread. Make it 50/50, with half high-yield (which the caller already owns). He favours international stocks--which are not risky despite popular thinking. XEF is good for this international diversification. Remember that half the sales of S&P companies go aboard, including emerging markets. XEF holds big companies that have two-thirds of their sales in developing countries. So, you buy emerging companies indirectly and limit volatility.
HOLD
The US banks are really cheap, but washed-out. He prefers the US regional banks, because they're not involved in the capital markets in a big way and are rather into housing. However, loan demand is a little weak (though not collapsing), because there aren't a lot of houses. This will get fixed in time. If you own this, hold it and be patient.
BUY
Be patient. You're not buying this for yield. This is 80% stocks and 20% bonds. This will do very well over time. They just started with these growth ETFs, and VGRO is a good one. It's cheap at 20 basis points. VGRO re-balances regularly, too.
PAST TOP PICK

(A Top Pick Jul 13/18, Down 3%) Emerging markets used to be the Wild West, but they have morphed into mega-cap stocks like Alibaba and Tencent. Two-thirds of XEC are Chinese big-cap. It's much cheaper to buy this than a comparable American ETF that's Asia ex-Japan.

PAST TOP PICK
(A Top Pick Jul 13/18, Down 13%) He loves base metals. There'll be high torque on this ETF. Copper plays significantly in this, because e-cars need a lot more copper than gas cars.
PAST TOP PICK
(A Top Pick Jul 13/18, Up 4%) This is the best long-term play on US stocks, an equally weighted S&P that steers away from tech.
BUY

He owns 10% of this in his client portfolios. It's a great way to play EM, like XEC. This is basically Chinese large-caps; EMs will see future growth (not North American or western European stocks). But you have to stomach the volatility with VEE. Allocate 5-10% in emerging markets.

COMMENT
High-frequency trading through ETFs. So if investors go short, won't this be reflected in buying at the end of the trading day and hurt retail investors? It creates a lot of volume--and noise. Remember ETFs trade very closely to their NAV, meaning they'll be off by only a little. Don't worry, unless you are trading ETFs a lot. Andi f you are, it's cheaper to trade a lot of stocks than a lot of ETFs, because it's cheaper (given the MERs on ETFs). Unfortunately, in Canada you don't get real-time NAV ticker for ETFs (in America you do)--and this bugs him.
BUY
Preferred shares? He's lost a lot in Canadian preferreds which are very volatile compared to American ones. They used to be fixed-rate here (they are in the US). Here, there are different resets, therefore are volatile. To buy US preferreds, look at ZUP-T.
COMMENT
Favourite dividend-paying S&P ETF, and how American dividends effect Canadian taxes? His favourite is EQL. In an RRSP, you don't worry about withholding taxes, but there are withholding taxes outside an RRSP. In taxable accounts, the dividends are taxed as income, so you can't avoid that.
DON'T BUY
The hedging part is fine, but you're late on this story. FAANGs dominate the Nasdaq, and the bulk of the money has been made on tech stocks already, because Washington will regulate them.
COMMENT
Any vice will do well, and so will this. Horizon makes great ETFs. That said, ETF's aren't always the best. Instead of buying the weed basket, buy the leader--Canopy.
TOP PICK

Prefers this to GLD-N. He expects gold will rise faster in the next 3-5 years than in the past. A lower CAD will help PHYS-N. He allocates 5% gold in a portfolio, and this could rise to 10.