Q: May I have your comments on First National. Is it a buy at this lev3l? The system keep identifying my questions as private despite my indicating public!!
Q: Hello 5i Team,
Historically, FN has been a solid choice for income with modest growth.
However, I'm uncertain about the effect (i.e. headwind? tailwind?) of the current and near-future situation where people will have to renew their mortgages at higher rates, potentially leading to an increased number of defaults.
Is it a Buy, Hold or Sell?
Or is a Canadian bank stock (e.g. RY or TD) a better choice at this time for overall return?
Thanks in advance for your always helpful advice.
Historically, FN has been a solid choice for income with modest growth.
However, I'm uncertain about the effect (i.e. headwind? tailwind?) of the current and near-future situation where people will have to renew their mortgages at higher rates, potentially leading to an increased number of defaults.
Is it a Buy, Hold or Sell?
Or is a Canadian bank stock (e.g. RY or TD) a better choice at this time for overall return?
Thanks in advance for your always helpful advice.
Q: Can you comment on this company? Is it a good investment thanks