Q: Dear Pat: I hold the following three U.S. bank stocks in my portfolio: Bank of America, J. P. Morgan Chase, and Citigroup. I would like a quick assessment on whether I should keep all three or sell all. Also, should I consolidate to one of the three? If so, which one?

A: The decision about whether to hold/buy/sell is a personal one, depending on your individual circumstances and what else you hold in your portfolio. However, in general, if you need/want to sell something from your portfolio, you are probably better off selling our “holds” than… Read More

Strong U.S. economy will spur them higher

These three U.S. lenders continue to benefit as the improving American economy lifts demand for new loans at higher interest rates. As well, more borrowers are repaying their loans on time. What’s more, all three continue to trade at low multiples to their projected earnings.
J.P…. Read More

Two ETFs: Two different themes

This month we look at an ETF that aims to track the newly reclassified S&P/MSCI “communication services” sector. The other seeks to find dividend-paying stocks that will thrive in a rising interest-rate environment.
COMMUNICATION SERVICES SELECT SECTOR SPDR ETF $46.30 (New York symbol XLC) tracks the newly reclassified “communication services”… Read More

Six North American ETFs: 5 buys, 1 sell

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.
Of… Read More