Q: Hi,
1) Is the TRMLF (US) stock listed exactly the same as TOUR. CDN? I'm interested in your recommendations for a US nat gas stock?
2) If mortgage rates are going up, why aren't banks like RY and TD doing well?
1) Is the TRMLF (US) stock listed exactly the same as TOUR. CDN? I'm interested in your recommendations for a US nat gas stock?
2) If mortgage rates are going up, why aren't banks like RY and TD doing well?
5i Research Answer:
TRMLF is the exact same stock as TOU, but traded on the US over the counter (OTC) market in US dollars. We would suggest AR for a US sector stock. For financials, investors are concerned about slowing growth and loan losses (as well as housing) and this is causing generally weaker-than-expected performance.