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BMO Equal Weight Banks Index ETF (ZEB)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
Q: Hello Peter,
There is a lot of chatter about rotation to value stocks. Nuvei and Lightspeed are growth stocks, but after the short report, are they getting into value territory and if so, would you think this is a good time to enter those names with an initial position? Also, from your experience, why would a short report damage the stock for longer period (as in case of Nuvei and Lightspeed) when the market liked those at higher levels but now all of a sudden, institutions don't seem to be backing up the truck. Could this imply that the short report had some merits as i would have thought as a minimum, the leaders in these companies would have stepped up and bought more stock? Lastly, if inflation is a concern, would an etf for banks like zeb a better choice than individual banks? Thanks very much.
There is a lot of chatter about rotation to value stocks. Nuvei and Lightspeed are growth stocks, but after the short report, are they getting into value territory and if so, would you think this is a good time to enter those names with an initial position? Also, from your experience, why would a short report damage the stock for longer period (as in case of Nuvei and Lightspeed) when the market liked those at higher levels but now all of a sudden, institutions don't seem to be backing up the truck. Could this imply that the short report had some merits as i would have thought as a minimum, the leaders in these companies would have stepped up and bought more stock? Lastly, if inflation is a concern, would an etf for banks like zeb a better choice than individual banks? Thanks very much.