National Bank of Canada Stock Forum

Since the Bank of Canada's initial interest rate cut on June 5, 2024, Canada's mainstock index, $S&P/TSX Composite Index (.SPTSX.CA)$, has increased by more than 15%. As of Wednesday, the index climbed 0.12%, closing at 25,311.50.
Read More: BoC Interest Rate Decision Preview: CPI Report Paves Way for BoC Rate Cuts, Tariffs Add Uncertainty
Leading this impressive rally is the Information Technology Sector, which has skyrocketed by 50.88% since...

Canadian stocks dip, tracking declines in the U.S. as gains in metals and oil and gas sectors weren't enough to offset declines in tech, finance, and retail sectors.
The $S&P/TSX Composite Index (.SPTSX.CA)$ closed 0.3% lower at 24,929.89, reversing earlier gains. The blue chip $S&P/TSX 60 Index (.TX60.CA)$ also slipped 0.3% to 1,494.34.
$Shopify Inc (SHOP.CA)$ slumped 6.3% amid a wider tech sell-off that hit the main exch...

When interest rates go down, it usually lightens the burden of defaults and encourages businesses  and consumers to borrow more, which could be a potential boost for Canada's Big Six banks ! $The Toronto-Dominion Bank (TD.CA)$ $Royal Bank of Canada (RY.CA)$ $Canadian Imperial Bank of Commerce (CM.CA)$ $Bank of Montreal (BMO.CA)$ $Bank of Nova Scotia (BNS.CA)$ $National Bank of Canada (NA.CA)$

$National Bank of Canada (NA.CA)$ National Bank of Canada is a no-brainer buy following the interest rate cut. Investors’ reception to Canadian Western Bank’s latest quarterly results was negative. However, income investors might not sell CWB due to its Dividend Aristocrat status. No big bank can match the 31-year dividend-growth streak.

Today is a good day!
Up on $Quebecor Inc (QBR.B.CA)$ , $National Bank of Canada (NA.CA)$ , $Canadian Utilities Ltd (CU.CA)$ , $The Toronto-Dominion Bank (TD.CA)$ , $Algoma Central Corp (ALC.CA)$ , and $TELUS Corp (T.CA)$ !

I hear so much about $Royal Bank of Canada (RY.CA)$ $The Toronto-Dominion Bank (TD.CA)$ $National Bank of Canada (NA.CA)$ (praise  ) and so much about $Bank of Nova Scotia (BNS.CA)$ $Canadian Imperial Bank of Commerce (CM.CA)$ (negative ) …
… but what about $Bank of Montreal (BMO.CA)$ ???
Do you like it? Do you own it? Thoughts?
Looks like a decent buy right now!!

Canadian Western Bank stock is, at best, a “hold” as both stocks of CWB and NA appear to be fairly valued. $Canadian Western Bank (CWB.CA)$ $National Bank of Canada (NA.CA)$

NA expects to make this acquisition pay in three years. Given their history of strong execution, we would not bet against them.
$National Bank of Canada (NA.CA)$

Big 5 🇨🇦 banks are paying dividends for 195 yrs now!💰
Bank | Dividend Since | Current Yield
$Bank of Montreal (BMO.CA)$ | 1829 | 5.40%
$Bank of Nova Scotia (BNS.CA)$ | 1833 | 6.56%
$The Toronto-Dominion Bank (TD.CA)$ | 1857 | 5.47%
$Canadian Imperial Bank of Commerce (CM.CA)$ | 1868 | 5.51%
$Royal Bank of Canada (RY.CA)$ | 1870 | 3.98%
We own $ $Canadian Imperial Bank of Commerce (CM.CA)$ $Royal Bank of Canada (RY.CA)$ & $EQB Inc (EQB.CA)$ $National Bank of Canada (NA.CA)$
How many do you ow...