National Bank of Canada Archives

Recent Buy: Bank of Montreal (BMO)

The markets continued their decline this week, with the TSX breaking below the psychological 12,000 level. Although the losing streak appeared to take a turn upwards on Wednesday morning, many investors are still remaining on the sidelines. Whether the markets will continue to decline in another sell-off, or continue on another Bull Run is anyone’s guess. When markets dip, it’s an opportune time to buy shares of companies on your watch list, or top-up current holdings. Having sold my index equity funds back in early March, I was delighted when markets began their decline this April. It presented an opportunity …

Are Canadian Banks Overvalued?

by Dividend Ninja

It seems these days that caution has been thrown to the wind, and investors have been looking for higher yields and even better returns on investment. With blue chip stocks paying dividend yields higher than government bonds and some corporate bonds, it’s no wonder dividend stocks are the flavour of the month. A lot of attention has been centered on the Canadian Banks lately, and with yields of 3.5% to 4.7%, these stocks are looking attractive to investors. But with three of the six big banks trading near their 52 week highs, and all six trading at or near 2007 …