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  5. BNS: I bought all 3 of these banks a couple of years ago [Bank of Nova Scotia (The)]
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Investment Q&A

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Q: I bought all 3 of these banks a couple of years ago: Royal Bank, Bank of Nova Scotia and TD. At that time all 3 of purchase prices were much lower than today's stock prices. I would like to add to my holdings of each. Would you wait until the prices come down a little, or is it more probable at this point that prices will continue to go up? Thank you.

Asked by Cathy on June 28, 2021
5i Research Answer:

Predictions are not much more than guesses, but with economic recovery, banks having excess capital and dividend increases likely later this year (when the government allows) we would be more bullish than bearish towards the sector today.