Advertising

Latest Stock Buy or Sell?

Today, Larry Berman CFA, CMT, CTA commented about whether BITI-T, ASHR-N, ARKK-N, ZWU-T, ZWK-T are stocks to buy or sell.

COMMENT
Important to remember timeframes in uncertain times. Faster pace of Fed rate hikes is likely to stabilize. Inflation is close to peak.
Unknown
COMMENT
Considering investing in GICs. Is the BOC still expected to raise the prime rate? Bank of Canada is likely to match what the Fed does. Expectations are to be around 3-3.5% at the end of the year. Highest GIC rates, should come in the next 2 to 3 months. GIC is good for capital preservation but not the ideal choice when worried about capital erosion due to inflation.
Unknown
BUY
Good option for someone in their mid-80s? Broad equal-weight basket of US regional and national banks. Pretty volatile and cyclical and getting less dividend than with Canadian banks. If already exposed to Canadian banks then good option, otherwise it would be wise to wait 3 to 6 months to see how the recession is going to play out on capital markets.
banks
BUY
Great way to get lower volatility and lower risk exposure to markets. Recent weakness due to hit to energy markets. Like it a lot bellow $12.5. Good buying opportunity on this dip.
E.T.F.'s
BUY
That ETF is a benchmark for growth risk. Downgrade of COIN today had a big impact. Recently added some to his long-term growth portfolio.
Technology
COMMENT
ZCH vs ASHR to invest in China market? ZCH originaly focused more on Hong-Kong while ASHR focused on mainland China stocks. In December BMO refocused ZCH to take more of an ESG lens. Very interesting for a China ETF. Ok with either one. A little of both is better, but like ASHR a bit more.
E.T.F.'s
RISKY BUY
Short-term hedge against volatility? Don't have a strong bullish view on crypto. Can still be traded. Yes can be a vehicle to hedge or speculate. Not recommend timing the market when it comes to Bitcoin.
0