The stock of BMO US DIVIDEND ETF CAD (TSE:ZDY) reached all time high today, Nov, 23 and still has $29.61 target or 3.00% above today’s $28.75 share price. This indicates more upside for the $1.20B company. This technical setup was reported by Barchart.com. If the $29.61 PT is reached, the company will be worth $36.00 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 15,989 shares traded hands. BMO US DIVIDEND ETF CAD (TSE:ZDY) has risen 18.35% since April 21, 2016 and is uptrending. It has outperformed by 13.02% the S&P500.
More news for BMO US DIVIDEND ETF CAD (TSE:ZDY) were recently published by: Business.Financialpost.com, which released: “How to find the top US dividend funds” on August 22, 2014. Theglobeandmail.com‘s article titled: “The case against covered call ETFs” and published on May 23, 2014 is yet another important article.