The stock of HORIZONS CDN SELECT UNIVERSE BOND ETF (TSE:HBB) reached all time high today, Nov, 14 and still has $121.94 target or 177.00% above today’s $44.02 share price. This indicates more upside for the $197.15M company. This technical setup was reported by Barchart.com. If the $121.94 PT is reached, the company will be worth $348.96 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 11,912 shares traded hands or 200.28% up from the average. HORIZONS CDN SELECT UNIVERSE BOND ETF (TSE:HBB) has risen 1.03% since April 12, 2016 and is uptrending. It has underperformed by 3.96% the S&P500.
More notable recent HORIZONS CDN SELECT UNIVERSE BOND ETF (TSE:HBB) news were published by: Theglobeandmail.com which released: “Six unusual ETFs that are new to Canada” on November 21, 2014, also Theglobeandmail.com with their article: “Eye on Shorts: What bearish investors are betting against” published on March 23, 2016, Theglobeandmail.com published: “Yield hunters will be drawn to Canadian municipal-debt ETF” on August 12, 2015. More interesting news about HORIZONS CDN SELECT UNIVERSE BOND ETF (TSE:HBB) were released by: Theglobeandmail.com and their article: “What investors need to know about tactical bond ETFs” published on July 03, 2015 as well as Theglobeandmail.com‘s news article titled: “Top picks from the ETF universe” with publication date: October 07, 2013.
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