Weekly stock market update & five stock related articles we thought were a must-read this week ..read more

ETF Strategy: Hamilton Canadian Financials Yield Maximizer ETF (HMAX): HMAX is designed to provide high monthly income from Canada’s 10 largest financial services companies. The ETF uses an active covered call strategy to enhance monthly distribution income and reduce volatility. HMAX generates higher monthly income by writing at-the-money covered call options. Approximately 70% of the fund is weighted toward the ‘Big 5 banks’ (RBC, TD, CIBC, BNS, BMO). HMAX’s strategy seeks to benefit from income while also allowing for capital appreciation and protection against downside risk by only writing ..read more

For many investors, ETFs serve as one of the most efficient investment vehicles offering flexibility and broad market exposure. The market for ETF products has seen significant growth over the previous few years, and now there are numerous options and styles available. However, for Canadian investors, products denominated in Canadian Dollars can be more limiting in certain strategies/investment styles compared to US Dollar denominated funds. One workaround that asset managers have been utilizing to combat this problem is by offering CAD hedged versions of their ETFs denominated in USD. We will ..read more

Weekly stock market update & five stock related articles we thought were a must-read this week ..read more

In this edition of ‘Stock Teasers’, we are going to be looking at Canadian stock outliers using a unique screener in each edition. The screeners have two main variables, of which will change each time, and the end goal is to find a group of stock outliers on the graph and identify why they might be outliers. Canadian Stock Outlier Screener We have used the following variables across the Canadian stock universe: percentile ranking for 10-year EBITDA margins and percentile ranking for 10-year forward EV/EBITDA valuations. Combining these two variables give investors a good idea of which stocks c ..read more

Macro Market Models Update Alert for Portfolio Analytics users that missed our announcement last week, the latest update for our Macro Market Models is now out, refreshed with the data for March. This isn’t just an update – it’s a treasure trove of insights that could be crucial for your investment decisions.     But we’re not stopping there – we’ve also conducted in-depth research on the Market Models, and have released this for Analytics users. You’ll find this new research in our ‘Educational’ section, which can be found here. A brief video from Chris on the monthly update ca ..read more

With the expectation that inflation has already peaked and central banks globally will start cutting rates this year, businesses will likely have a better time to achieve growth in the near term. Coming out of the economic slowdown recently, some companies are expected to recover stronger than others due to different financial profiles. For example, as the benefit of cost control initiatives in recent years will start to be realized, accelerating topline growth would help these companies generate healthy profitability. Some highly leveraged companies in terms of operational and financial lever ..read more

Weekly stock market update & five stock related articles we thought were a must-read this week ..read more

This week, we continue to summarize the broader pulse of public Canadian companies by looking into another set of quarterly earnings (previous post ..read more

In this edition of ‘Stock Teasers’ we are going to be looking at a submission to /r/CanadianInvestor on Reddit where the user is asking whether to sell everything that is in red. Let’s dive in! Investors are usually more interested in the questions of what to buy and when to buy assets, however, we think the more difficult part of investing lies in the question of whether and when to sell. Because at the end of the day, investors can own the same securities but could have widely varied outcomes depending on selling decisions ..read more