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Bank of Nova Scotia Stock Symbol: BNS-T

Last Price Recorded: $59.6000 on 2015-08-31

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Date Signal Expert Opinion Price
2015-08-24 COMMENT Peter Brieger

Likes the banks as a group. They have been terribly oversold. The PE relative to the TSX is the lowest it has ever been. This bank is not on his list, but if you are a long-term believer in emerging markets, this is one of the great Canadian plays.


Price:
$55.950
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
No
2015-08-20 COMMENT Paul Harris, CFA

Canadian Banks as a whole have suffered and are 8%-10% down. Great investments over the long-term. They are an oligopoly, pay a great dividend yield, and are not trading at high valuations. They are worthwhile owning here. You have to remember that they have built an international business, and that adds volatility to their earnings numbers and their business. Emerging markets are not the place to be, so this bank is not going to get the multiples for owning those assets. He thinks they will continue to buy more and more franchises in those areas. (See Top Picks.)


Price:
$58.580
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
No
2015-08-19 WAIT Bruce Campbell (2)

If you have a longer-term time frame, you could buy the banks now. He would wait until after the earnings; (Aug 25TH) just to make sure that everything was good. You could really buy any of the banks and have great returns, but this would certainly rank up there with one of the ones he likes.


Price:
$59.880
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2015-08-18 COMMENT John Stephenson

One of the better franchises. It has lagged its peer group over the last year or so. A lot of it had to do with where emerging markets in the International side of the business was. It was typically lower quality growth, mainly Caribbean. A well-managed firm. You have to be prepared to hold it for at least a year or 2, because there can be pressure on Canadian banks from international investors who are looking at the Canadian resource space and the housing sector.


Price:
$60.620
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2015-08-17 PAST TOP PICK Ryan Bushell

(Top Pick Oct 2/14, Down 7.98%) They have one of the higher percentages of energy loan value compared to the others.  They are getting more clientele through innovative marketing.  The dividend and its growth are not in jeopardy.  Tangerine is good for them.  He is going to wait out the ups and down.


Price:
$61.180
Subject:
CANADIAN LARGE (DIVIDENDS)
Bias:
SELECTIVE
Owned:
Yes
2015-07-27 BUY Bruce Campbell (1)

Canadian Banks got hit hard today. This one is 50% non-Canadian. In times like this, it is just like the oil story, where we have a little bit of irrational selling at the moment. Even if it’s Americans shorting them, they are indiscriminately shorting. This is cheap. Its diversification is Caribbean, Peru, Colombia, Mexico, Philippines and Thailand, and none of these are overly exposed to oil. This is a good entry point. (See Top Picks.)


Price:
$61.070
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
Yes
2015-07-20 DON'T BUY Patrick Horan

A very commodity oriented bank. This is where you really want to take a 2nd look at it. They have exposure to South America, Mexico and the Caribbean. These are areas that probably will suffer with the stronger US$.


Price:
$63.720
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2015-07-16 TOP PICK Douglas Kee

Feels this is probably the best value in banks right now. He likes this because their Canadian domestic retail operations and wealth management are growing quite nicely. The integration of Tangerine is helping them along with cross-selling of wealth management and banking products. Likes the International side. It is more volatile, but a higher margin business. Dividend yield of 4.19%.


Price:
$64.930
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2015-07-14 WAIT Keith Richards

The whole sector pulled back in 2014 with energy and has been trying to consolidate. A lot is hinged to energy because they are a big part of our economy and that’s who they lend money to. Should energy hold at $50, which it seems to be doing, the symmetrical triangle is going to break out. Wait for the breakout to the upside, which would be a great play.


Price:
$63.790
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-09 PAST TOP PICK Andrew Hamlin

(Top Pick Jun 5/14, Down 4.16%) Many countries it operates in are in a recession.  There has been a big US short thesis against Canadian banks, but it has not worked out that well.  Americans don’t really understand the dynamics.  He is not overweight Canadian banks.  Now is not a bad time to buy them, however.


Price:
$63.080
Subject:
NORTH AMERICAN - INCOME
Bias:
OPTIMISTIC
Owned:
Yes
2015-07-07 BUY John Zechner

You could do a lot worse than owning this. Canadian banks are struggling a little on the earnings growth side right now. There was some changes on derivative trading in the last budget that are going to sneak up on them a little, but he doesn’t think that impacts this bank as much as some of the other players. They’ve had the better International strategy, so there are a few red flags, but he is comfortable with the Canadian banks.


Price:
$64.270
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH
Owned:
Unknown
2015-07-06 COMMENT Bill Carrigan

Chart shows the peak at around $50 from 2007-2010, followed by a rebound bull, a small bear followed by a breakout. It is now showing a slight period of underperformance. Every investor should have 15%-20% in bank stocks, but he would just buy an ETF basket, such as ZEB-T.


Price:
$63.930
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Unknown
2015-07-02 BUY David Baskin

Put it away and collect the dividend.  Puerto Rico may have to default on its debt but that doesn’t affect BNS-T.  It is a tremendous bank and less than 11 times expected earnings.  Approaching 4.3% dividend.  TD-T is the premier and is the safest.


Price:
$64.070
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2015-07-02 COMMENT Andy Nasr

He has a preference for US banks versus Canadian banks, because he thinks loan growth in the US is going to accelerate and there will be a bit of a slowdown in Canada. Also, the valuation is a lot more compelling today than it has been in the past. For the most part though, Canadian banks are great long-term investments.


Price:
$64.070
Subject:
NORTH AMERICAN DIVIDEND & REITs
Bias:
OPTIMISTIC
Owned:
No
2015-06-22 BUY Michele Robitaille

She likes the banks although there are headwinds.  BNS-T has a sizable international operation.  She watches what is going on down there.  The Canadian business performed very well.  They had softer international revenues recently.  They manage the extent of their international exposure. 


Price:
$65.150
Subject:
HIGH YIELD EQUITIES & REITS
Bias:
CAUTIOUS
Owned:
Yes
Showing 1 to 15 of 1,094 entries
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