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Toronto-Dominion Bank (The) (TD $100.53)
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Canadian Imperial Bank Of Commerce (CM $99.77)
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Capital Power Corporation (CPX $57.13)
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Royal Bank Of Canada (RY $130.73)
Q: I am looking for a position in my income portfolio and would like to choose from CPX, CM and TD.
It would seem that Canada is heading into a recession and that would affect the bank earnings, more significantly CIBC than the others.
CPX on the other hand has missed earnings, maintained guidance and has dropped and likely to recover?
Which one would you choose to add?
Regards
Rajiv
It would seem that Canada is heading into a recession and that would affect the bank earnings, more significantly CIBC than the others.
CPX on the other hand has missed earnings, maintained guidance and has dropped and likely to recover?
Which one would you choose to add?
Regards
Rajiv
5i Research Answer:
Of these, for capital gains potential from current levels, we think TD looks best.