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BMO Equal Weight Bank ETF (ZEB-T) opinion on 2017-10-12

Last Price Recorded: 29.5100 on 2017-12-15

ON STOCKCHASE SINCE Apr 2010

E.T.F.'s
E.T.F.'s
COMMENT

Stan Wong
BMO Equal Weight Bank ETF was $28.580 at time of opinion
Owned : Unknown

This ETF or individual banks?Seasonal patterns tell us that we are likely going to have strong markets in the last few months of the year. This ETF allows you to purchase a basket of the 6 Canadian banks, which gives you an equal weight in one shot. You are paying 62 basis points, but it does give you a diversified mix. You might want to consider the BMO Equal Weight US Banks (ZBK-T), which he likes for its leverage. Interest rates are moving higher and faster in the US, in an economy that is a little more on solid footing going forward. Canadian banks are fairly valued at this point but there is still runway for growth.

OPTIMISTIC

All opinions for ZEB-T (85)

18 BUY
2 BUY on WEAKNESS
16 COMMENT
4 DON'T BUY
2 HOLD
20 PAST TOP PICK
1 SELL
19 TOP PICK
2 WAIT
1 WEAK BUY
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All opinions for ZEB-T (85)

18 BUY
2 BUY on WEAKNESS
16 COMMENT
4 DON'T BUY
2 HOLD
20 PAST TOP PICK
1 SELL
19 TOP PICK
2 WAIT
1 WEAK BUY
View All

More experts covering ZEB-T

SAVE
Add ZEB-T to Watch List

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