237.29BMarket Cap14.86P/E (TTM)
168.810High167.700Low377.66KVolume168.750Open168.380Pre Close63.57MTurnover168.81052wk High0.03%Turnover Ratio1.41BShares104.73952wk Low11.29EPS TTM237.12BFloat Cap168.810Historical High15.98P/E (Static)1.41BShs Float1.792Historical Low10.5EPS LYR0.66%Amplitude5.53Dividend TTM2.07P/B1Lot Size3.30%Div YieldTTM
Royal Bank of Canada Stock Forum
Since the neutral rate (so the rate considered to not be slowing the economy down) is estimated between 2.25% to 3.25% then if they cut 25 basis points each time we will reach just neutral as early as March 2025 and as late as September 2025 (also keeping in mind the lag effect of rate changes.) We're going to have to hope that the Canadian economy naturally strengthens over the next couple of...
And BOC overnight rate is 4.5%.
Think about that for one minute.
$The Toronto-Dominion Bank (TD.CA)$ $Royal Bank of Canada (RY.CA)$ $Bank of Montreal (BMO.CA)$
$Royal Bank of Canada (RY.CA)$ ;
$Invesco QQQ Trust (QQQ.US)$ ;
$Berkshire Hathaway-B (BRK.B.US)$ .
As far as I am concerned, these 3 are iron-clad right now.
Any one of these is worth a big investment
Lots of good news are in the air, including rate cuts and mass immigration. The cut of temporary foreign workers will not work since it makes exceptions for food industry, construction industry and health care industry. Immigration agencies will find every loophole in these three industries for the mass immigration to work. M...
My guess is the other big 5 are pooping their pants and hoping for interest rate cuts to cushion the default wave. $Bank of Nova Scotia (BNS.CA)$ $The Toronto-Dominion Bank (TD.CA)$ $Royal Bank of Canada (RY.CA)$ $Bank of Montreal (BMO.CA)$ $Canadian Imperial Bank of Commerce (CM.CA)$
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