Q: Hi,
I am thinking of selling my CIBC stock, as it has done well, but now has become relatively expensive compared to historical averages, and the dividend yield is comparatively lower. Can I get your top 3 choices in each of 1) big banks/financial institutions 2) mid cap financial institutions. and can I get your top 2 in small cap financials. All Canadian please.
cheers, Chris
I am thinking of selling my CIBC stock, as it has done well, but now has become relatively expensive compared to historical averages, and the dividend yield is comparatively lower. Can I get your top 3 choices in each of 1) big banks/financial institutions 2) mid cap financial institutions. and can I get your top 2 in small cap financials. All Canadian please.
cheers, Chris
5i Research Answer:
We would be OK keeping CM today, but to answer the questions:
1) BN, TD, IFC. 2) EQB, GSY, IGM 3) TSU, PRL