Canadian Bank Stocks May Have Further Room To Run

Canadian bank stocks have performed very well so far this year with all increasing by double digit percentages. NYSE-traded shares of Bank of Montreal(BMO), The Canadian Imperial Bank of Commerce (CM) and Royal Bank of Canada(RY) reached their 52-weeks on last Friday. These banks are slated their announced their second quarter earnings this week. Analysts are …

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Canadian Pacific Railway Ltd: Upcoming 5-for-1 Stock Split

Canadian railroad Canadian Pacific(CP) has seen its stock soar in the past five years by over 157% based on just price growth (excluding dividends). The NYSE-listed stock closed at over $371.00 today. With most of the major railroad stocks trading in triple digit dollar range, CP decided to split the stock. Last week Canadian Pacific …

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The Periodic Table of Annual Returns For Canadians – From 2010 To 2020

The Periodic Table of Annual Returns in Canadian Dollars from 2010 to 2020 is shown below. In 2020 the TSX index returned 5.6% compared to 16.1% for the S&P 500 in Canadian Dollar terms. Click to enlarge Credits: Many thanks to Norbert Schlenker at Libra Investment Management for collecting the data that this calculator uses. Original …

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The Most Valuable Company in Canada is a Tech Company

As we head into the first trading day for 2021 I was reviewing the top companies in Canada and what I found surprised me. The Most Valuable Company in Canada based on Market Capitalization is the e-Commerce platform provider Shopify Inc(SHOP). Unlike the US, the tech industry is tiny in Canada and not many tech …

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