Q: BMO beat earnings but could you share (1) what you think about their outlook? (2) Do you think the 'tapped-out' consumer theory will die considering that aspect of their revenue actually did well? (3) Do you think that even if all banks beat earnings this quarter, the market move the sector back up? Thanks for your work. Intense week.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: The BMO shares are down over $1.00 at the moment, far more than the other banks. Yet BMO raised their dividend and the results for the quarter slightly beat expectations. Why the drop in value?
Q: Charlie asked about brokerages and you mentioned TD but did not mention BMO. I have a BMO Invest account and trade unlimited shares for $9.95. BMO also provides top notch reports plus excellent information on any stock I may be considering. I believe BNS has a similar service.
Q: What is your outlook for Canadian bank stocks for this year? Tx
Q: I keep wondering why so many pundits, including you, seem to prefer BNS and TD to the other banks. I have positions in all the major banks and, on checking my holdings, see that BNS has not moved in a year while BMO is up over $11 a share since last January. Your thoughts?
Q: On the 5 safest Canadian stocks outside of utility and energy companies question of Oct.22, I was surprised to not see any financials included. Do you not feel a bank like BMO which has paid dividends for some 200 years would make the cut, and if not, why? 3 choices in consumer staples seems under-diversified. Thanks, J.
Q: I have positions in all the major Cdn banks and I wonder why you, and many other advisers, tout TD and BNS over the other banks. When I started with BMO Invest in June '13, BNS was $59.04 a share and BMO was $61.37 Yesterday BNS was $72.94, a nice $13.90 increase, but BMO was $85.42, up $24.05! Why does BMO never get the recognition it deserves?
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Q: I am wanting to reduce the number of holdings in the financial sector. Could you please rank the following in order of preference: BMO, BNS, NA, RY, CF, HCG, GWO, IFC and SLF.
Q: We have positions in the major banks and are wondering why BMO fell so much recently and has not recovered as well as CM, RY, TD and BNS. It holdssubstantial US assets and I feel that the strong US dollar should be a boost for it, compared to BNS, for example.
Q: Hi guys. Any comment on the BMO earnings? Are any other new bmo earnings estimates published? I see CIBC has a new Bank of Montreal report this morning with 2014 eps estimate of $6.27 and 2015 estimate of $6.75. On a $69.95 share price that gives us p/e of 11.15 for 2014 and 10.36 for 2015.
I know, of course, these earnings estimates can always be adjusted, but all things equal the valuation doesn't look too bad sub $70 in my opinion. What are your thoughts? Thanks, as always.
I know, of course, these earnings estimates can always be adjusted, but all things equal the valuation doesn't look too bad sub $70 in my opinion. What are your thoughts? Thanks, as always.
Q: I am going to buy one of the following banks...National, TD, BMO, CIBC or BNS. Any frontrunners in the group and what do you expect dividends to do in this grouping?
Q: I see that BMO has taken a big hit today, but I can find no reason for it. Your thoughts?
Q: I have BMO in my tfsa and BNS in the wife's. The pundits always praise TD and BNS when suggesting bank investments but never mention BMO, yet it consistently has outperformed BNS, and pays a better dividend. Any ideas why BMO never gets the credit?
Q: Based on BMO's just released earnings, would you consider it a good buy at this level ?
Q: BMO was hit very hard today but I have been unable to find a reason for it. Can you comment?
Q: An earlier question asked about BNS, and it was suggested that TD be considered for its US exposure (for the recovery).
Would BMO also be recommended, as it has considerable US holdings?
Would BMO also be recommended, as it has considerable US holdings?
Q: I want to create a financial section of my portfolio. Somewhere between 15 and 20 %. I have been considering adding BMO and NA which are trading at 10 and 8 times earnings and yielding 4.3 and 4.66%. I think a good entry point would be a yield of 5%. Could you comment on the portfolio percentage, stock choices {are there better ?} and entry prices ?
Thanks Garth
Thanks Garth