Betting on Canadian banks

Growth may be slowing, but steady results have Morningstar's Eric Compton seeing some undervalued stocks

Ruth Saldanha 11 October, 2019 | 1:58AM
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Ruth Saldanha: Last month all the major Canadian banks announced their results for the third quarter of the year. There were no major surprises, but earnings growth did see some moderation in Q3. To discuss his views on Canadian banks and to offer us his stock pick equity analyst Eric Compton joins us from Chicago.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Bank of Montreal117.81 CAD-0.03Rating
Canadian Imperial Bank of Commerce130.77 CAD0.05Rating
National Bank of Canada90.73 CAD-0.17Rating
The Toronto-Dominion Bank85.80 CAD-0.35Rating

About Author

Ruth Saldanha

Ruth Saldanha  is Senior Editor at Morningstar.ca. Follow her on Twitter @KarishmaRuth.

 
 
 

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