HBLK, Whitecap, DND

Hi, thanks for both your responses. You've led me right in the past, I have both Nuvei and CNQ and they are doing phenomenally well, based on when I bought. Thanks again. And I guess I'll just keep my DND, it's been pretty disappointing, but I am in for the long haul!

Hey there,

Well - definitely taking advantage of momentum here. Whitecap is a solid stock to play continued strength in the Oil & Gas industry and as a play on inflation. Also, Whitecap just announced a 38% increase to the dividend today and i anticipate that given strong prices, we will see more O&G companies accelerate return to shareholders through increased dividends and buybacks.

The question is how long will the bull run last. That is always the risk with stocks in the commodity sectors. Regardless, I consider WCP to be one of the better ones in the industry - still think CNQ is best in class, but WCP is definitely a top tier company. If you haven't already, i suggest you have a read of their release from today that details their 2022 outlook which is pretty solid:

https://www.newswire.ca/news-releases/whitecap-resources-inc-announces-2022-budget-2021-guidance-update-and-increased-cash-returns-to-shareholders-821540782.html

In terms of HBLK - its a solid ETF that covers a wide range of tech stocks. The title can be a little misleading as I don't consider it a Blockchain pureplay. Sure, some of the holdings like RIOT and COIN are certainly blockchain companies, others tech companies first - which dabble in blockchain. For example, NVEI, Square and Docusign while they are most certainly involved in blockchain, it is not where they generate most of their revenue from. Overall though, really like the makeup of their TOP 10 - a nice blend of high quality Tech growth stocks and blockchain stocks with plenty of potential. It will likely be a little more volatile given the nature of its holdings but its a good way to get exposure to a basket of tech stocks outside of the usual suspects (AAPl, MSFT, SHOP, LSPD, etc). I'd have zero issues holding this one.

Mat

I have bought this ETF last February to cover the blockchain technology. i have bought HBDG also at the same time, i had poor performance the first 5 months for both ETF, then get rid of HBDG. I have kept only HBLK and it went up in the summer to gain 5%. Nuvei is the first in the list (almost 9%). i like to have this kind of ETF, it is less volatil than the crypto (i have Ethereum ETF also).