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Return of 38% over 5 years, whereas ZWU has a total return of only 13%. With covered calls like ZWU, you miss out on upside over time. The underlying securities of a covered call strategy often perform a bit better. So if you don't need the income, start looking at the underlying securities.
Good technical strength, 200-day MA still moving higher as is the price. Hitting 52-week highs. $74 is the all-time high, above that would be a breakout. Well diversified. Yield is 4.34%. Good spot to be, but he own MFC instead.
Some of the insurers are outperforming the banks because they're a bit more levered to falling interest rates, fewer credit concerns and loan-loss provisions. Likes banks, too.
Ranks a bit higher than SLF on his screens, but it's not by a significant amount. Exposure to Asia, a growing market. Yield is 4.9%, dividend should increase over time.
Some of the insurers are outperforming the banks because they're a bit more levered to falling interest rates, fewer credit concerns and loan-loss provisions. Likes banks, too.
Drop mainly due to NVO and LLY leading the pack on weight-loss drugs. Still, AMGN has a great lineup of drugs, revenues should grow over time. Ranks well for him. More beta than a normal healthcare stock. Now at 100-day MA, almost oversold. Makes sense from an earnings growth perspective, high single digits. Fine name, he just prefers others.
First, consider the expense ratios. Hedged versions tend to be more expensive. A non-hedged version in USD should be cheaper. He prefers non-hedged, unless maybe if the loonie were at 80 cents.
Thinks USD will remain firm, and loonie will be in a 70-80 cent environment. So you can determine when to hedge and when not, based on that.
Good name to hold with the broadening market participation. Outperforming the MSCI World Index since fall 2020. Pretty cheap with an average 1.4x price to book. MER is 42 bps. Looks sound technically, with price above 200-day MA, higher highs and higher lows. Yield is 2.3%.
Really likes luxury market long term, given growth of wealth in developing countries. Struggled in back half of 2023 due to concerns about rebound in China. Now doing well, luxury market is producing resilient numbers. Still looking at 13-15% earnings growth. Smart acquirers. Clear leader in luxury consumer brands.
Covered call gives you a boost to income, even more so because the space is volatile. Yield is about 8.5%. If you compare it to XEG, the total return over 3 years is 157%, compared to 94% for NXF. Total return should be your focus, unless you really need the income. MER is usually higher with covered calls.
There's value in energy going forward, but no near-term catalyst for it to move higher anytime soon.
Improved since fall 2023. 6.5% dividend yield, attractive, pretty secure. Price broke above 200-day MA. With yields falling, dividend stocks are more appealing. Seems to have bottomed, as long as rates stay stable or continue to fall. Total return, though, is not tremendous. Cheap, but only 2% earnings growth expected, and he likes double-digits.
Up 107% in last 12 months. Be careful. Sustainable at this point? Fantastic growth rate over 34%. 49x earnings, not a terrible valuation. 1.45x PEG ratio, not too expensive. Close to overbought levels, look for an air pocket down around $153-154. Struggling to move forward the last couple of weeks.
Likes it, but see his Top Picks.
Really tough to answer. Historically, price change on the earnings date has been positive. Has done extremely well. 2.15x PEG, a bit expensive, so look at other AI names. Exciting long term. Gone parabolic, RSI is 80 where 70 already means overbought.
If guidance is outstanding, stock will keep going. He just doesn't know what it's going to report.