north-american

Buy ZJO to gain junior oil stock exposure: National Bank | Financial …

North American junior oil stocks are on the rise and could provide double-digit gains from current levels, says a new report from National Bank Financial.Pat Chiefalo, the bank’s exchange-traded fund strategist, said the Dow Jones North America Select Junior Oil index recently breached 4,600 after several attempts, setting up a potential upside for the benchmark of 10% to 15%.“The index […]

Canadian stock returns to lag U.S. for fourth consecutive year: BMO …

Canadian stock investors are in store for “low-single-digit price returns” in 2014, says a new report from BMO Capital Markets.The muted returns will mark the fourth-straight year that Canadian stocks will underperform their U.S. counterparts, said chief investment strategist Brian Belski.“As the broader de-leveraging of emerging markets and Europe proceeds, coupled with slow grind of over-capacity of metals and commodities […]