List by Company Name |
List by Symbol |
| Date | Signal | Expert | Opinion | Price |
|---|---|---|---|---|
| 2013-05-22 | HOLD | John Stephenson |
Likes Canadian financials. RY is a wonderfully well-run company. They are the Canadian global capital markets story. They are the number 10 asset manager globally and #10 advisory service. Prefers US financials right now, however. He still has TD and Commerce as well. Tweet finance |
Price: $63.460 Subject: NORTH AMERICAN - RESOURCE Bias: BULLISH on RESOURCES Owned: Yes |
| 2013-05-15 | BUY | Todd Johnson |
LIkes Royal. Increasing their dividend at 4%. Best personal and commercial franshise in Canada. Have the best wealth management. Going forward earnings growth will be lack luster. Canada's lending environment is going to weaken which will hurt Royal. Dividend is safe and will likely increase. They will likely acquire more wealth management franchises or buy back stock. Tweet finance |
Price: $60.940 Subject: CANADIAN LARGE Bias: CAUTIOUSLY BULLISH Owned: Unknown |
| 2013-05-15 | PAST TOP PICK | David Baskin |
(Since June 5, 2012, up 25.58%) Candadian banks are cheap right now. Recommends buying them.He still owns this stock. Doesn't believe there will be a collapse of mortgages, as 65% of mortgages are insured through the CMHC. Rents are going up and there seems to be a shortage of housing. Tweet finance |
Price: $60.940 Subject: NORTH AMERICAN - LARGE/MID CAP (GROWTH) Bias: UNKNOWN Owned: Yes |
| 2013-05-13 | Unspecified | Larry Berman CFA, CMT, CTA |
Should be long term hold, or in and out? Depends on the person and their risk vs reward. Banks are a great long term investment. He thinks it will pull back as the US banks gain, so for his clients he would take some profits, but not all. If you wanted to stay and get the dividends, ZWB gives slightly higher yields, but equal exposure to all the banks. Tweet finance |
Price: $61.340 Subject: AGRICULTURE, DIVIDEND & FIXED INCOME Bias: UNKNOWN Owned: Unknown |
| 2013-05-13 | DON'T BUY | Zachary Curry |
Canada's biggest bank. Banks have had really strong growth over the last 10 years due to mortgages. Doesn't see it continuing. Royal Bank has moved to wealth side, but that may not be enough to continue the growth they have had. Tweet finance |
Price: $61.340 Subject: NORTH AMERICAN - LARGE Bias: UNKNOWN Owned: Unknown |
| 2013-05-09 | DON'T BUY | Jon Vialoux |
Came to an end of seasonal strength at the end of April, when it peaked. Has not done much since then. Jan to Apr is strong for the financials. Tweet finance |
Price: $61.620 Subject: TECHNICAL ANALYSIS Bias: SELECTIVE Owned: Unknown |
| 2013-05-07 | TOP PICK | Christine Poole |
Has a strong presence in the personal and commercial lending markets. Thinks the concerns about a Canadian housing crash is overdone. 60% of the market portfolio is insured by CMHC. The remaining 40% has a loan to value ratio below 50% so there is a lot of cushion built in. Attractive PE of 11 times. Yield of 4.09% and she expects this to increase as earnings grow. Tweet finance |
Price: $61.710 Subject: NORTH AMERICAN - LARGE Bias: BULLISH Owned: Yes |
| 2013-04-24 | COMMENT | Rob McConnachie |
Will the hiring of Temp workers to replace long-term workers affect their stock? Doesn’t think it will have that much impact on the stock. Doesn’t affect their operations that strongly. At the end of the day, the retail banking part of any bank’s franchise is very highly profitable and a low risk part of their business. This bank has one of the best franchises of that in Canada. 4.2% dividend yield which he thinks will be back into a lower growth, not like it has been in the past decade. Tweet finance |
Price: $60.270 Subject: NORTH AMERICAN DIVIDENDS Bias: BULLISH on US MARKET Owned: Unknown |
| 2013-04-10 | BUY on WEAKNESS | Greg Newman |
Everybody is concerned that Canadian real estate is going to impact the banks so valuations are probably lower than they should be. As the quarters continue to go by, he expects there will be more dividend growth and more share buybacks. This one is the most exposed to global capital markets improving and has substantial leverage to wealth management and wholesale, which are good areas to be in right now. Tweet finance |
Price: $61.380 Subject: CANADIAN DIVIDEND & DEFENSIVE STRATEGIES Bias: OPTIMISTIC Owned: Yes |
| 2013-04-09 | TOP PICK | Christine Poole |
Banks had a nice run but they all pulled back and didn’t really participate in the rally because of concerns on the Canadian housing market. 60% of their residential mortgage loan book is insured. The other 40% has a very long to valuation ratio of 47% so there is a lot of cushion built-in. Very nice diversified revenue stream. Personal and commercial lending is about half of their earnings. Yield of 4.19% which they continue to increase. Trading at about 11X forward earnings, which is very attractive. Tweet finance |
Price: $60.180 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Yes |
| 2013-04-05 | WAIT | Keith Richards |
Banks are a sector with a very rhythmic pattern. They did peak out when they were supposed and he did sell. You can buy banks back every summer about July or August. Look for a breakout from a consolidation level. He has been out of banks for a month and a half. Tweet finance |
Price: $59.620 Subject: TECHNICAL ANALYSIS Bias: DEFENSIVE Owned: No |
| 2013-03-27 | HOLD | Don Lato |
Doesn’t feel banks have reached a multiple level where they are overvalued. Growth is going to be muted and won’t be the same as we have seen over the last 2-3 years. All Canadian banks are still reasonable holdings and should be in everybody’s portfolio for a combination of steady growth and decent yield. With the Canadian tax credit, you have to favour Canadian banks over US banks if you are a Canadian shareholder. Tweet finance |
Price: $60.710 Subject: NORTH AMERICAN - LARGE Bias: OPTIMISTIC Owned: Yes |
| 2013-03-25 | PARTIAL SELL | John O'Connell, CFA |
Banks have had a big run and have lost momentum recently. Have been some concerns about Canadian economics that have been unfolding. They all reported pretty good numbers and have all had some dividend hikes. Feels they are fully valued. If you own, it doesn’t hurt to take a bit of money off the table. Tweet finance |
Price: $61.200 Subject: NORTH AMERICAN - LARGE Bias: CAUTIOUS Owned: Yes |
| 2013-03-22 | COMMENT | Veronika Hirsch |
The largest Canadian bank. Not a huge fan of the banking sector. Won’t show a huge amount of growth. With the government making sure there is not too much growth in the mortgage market there is a slowdown so domestic lending should be very weak. However, this one is particularly well-suited because of their money management, wholesale banking and being in the US. Not cheap. Tweet finance |
Price: $61.370 Subject: CANADIAN & ALTERNATIVE Bias: DEFENSIVE Owned: Unknown |
| 2013-03-20 | HOLD | Michael Smedley |
He buys Canadian banks and just sits with them without selling. Tweet finance |
Price: $61.340 Subject: CANADIAN Bias: UNKNOWN Owned: Unknown |