Zghj CIBC s Results Are In 鈥?Not Great, but Not Bad
I can ;t remember the la
botella stanley st time the Canadian banks were this out of favour. Many of the big banks are Dividend Aristocrats with dividends that are well over 100 years old. While this crisis has put many of their loan books under pressure, they ;re in a spot t
stanley us o rally fiercely on better-than-feared numbers as we gradually move out of this pandemic.Many folks, including Mad Money host Jim Cramer, are not pounding the table of the banks despite them sporting valuation metrics that are close to the cheapest they ;ve ever been. This economy has areas of severe weakness and areas of tremendous resilience. Unfortunately, the banks have a broader exposure to various sectors, and those, like Bank of Montrea
stanley uk l TSX:BMO NYSE:BMO , with exposure to the hard-hit U.S. economy and the ailing oil and gas OG sector, have seen their pains amplified this year.Such banks have had to endure steep provisions for credit losses PCLs , and as many financially distressed firms become unabl Lkgm These 2 Dividend Stocks Could Soar as Canadian Interest Rates Rise
As oil and gas prices continue their climb higher, and as bad news is somewhat replaced by good or not-so-bad news, oil and gas stocks had a good day yesterday.I ;ll zero in on two natural gas stocks that not only stand to benefit from a strengthening macro environment i.e., rising natural gas prices but also from their own company-specific excellence i.e. rising cash flows and strong balance sheets .These stocks rank high on my value screener, which screens for cash flow growth, balance sheet strength, and attractive valuations.Nuvista Energy TSX:NVA Nuvista stock has gotten crushed since its highs of last year, losing half of its value. And with a 60% natural gas weighting, we can easily see w
stanley thermosflasche hy.And while Nuvista is certainly a contrarian s stock in an industry that is at
stanley thermos mug cyclical lows, it is trading at value prices, and it has massive upside when the cycle turns.Fundamentally, the company is on a roll, and i
vaso stanley ts exposure to the very prolific Montney resource play is expected