Why I'm Still Buying This Canadian Bank Stock Despite High Valuations

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  • Опубліковано 4 лис 2024

КОМЕНТАРІ • 53

  • @StocktradesLtd
    @StocktradesLtd  20 днів тому +4

    I'm delivering market insights, strategies, case studies and more to 25,000 Canadians every Sunday for free. Don't miss this weeks issue. www.stocktrades.ca/find-more-canadian-etfs-stocks-and-opinions/

  • @k.i.1700
    @k.i.1700 20 днів тому +9

    I like the single stock per video format. Thanks!

  • @livefree223
    @livefree223 19 днів тому +3

    Love the deep dive. Earned a new sub from a US viewer with an appreciation for Canadian stocks.

  • @bailey-k6b
    @bailey-k6b 13 днів тому +2

    New sub from the west coast, let's gooo 🇨🇦

  • @Northern_Squirrel
    @Northern_Squirrel 20 днів тому +5

    Thanks for the video Dan, I like to add to my RY but not at current level. Too expensive and dividend is below 3.5.

    • @StocktradesLtd
      @StocktradesLtd  20 днів тому +1

      People said it was too expensive a year ago too 😂. Thank you for watching!

  • @gush5465
    @gush5465 20 днів тому +1

    Love the video Dan ! thanks for your time.

  • @bailey-k6b
    @bailey-k6b 13 днів тому +2

    What % of your portfolio is individual stocks compared to etf's? Thank you.

  • @sethother8012
    @sethother8012 Годину тому

    I bought TD, just cuz it got overhammered by legal news got still got goodd fundamentals

  • @JamieEmmerton
    @JamieEmmerton 20 днів тому +2

    Great video. Keep to 1 or maybe 2 best stocks in a sector perhaps. I also own this great stock and EQB. ANY insight on an approach to build on either position?

    • @StocktradesLtd
      @StocktradesLtd  20 днів тому +1

      @@JamieEmmerton both these stocks fit pretty firmly in buy at any time for me!

    • @JamieEmmerton
      @JamieEmmerton 19 днів тому +1

      @@StocktradesLtd would love your take and video on TRP/SOBO after spin off

  • @VlCEGRlP
    @VlCEGRlP 20 днів тому +2

    Any thoughts on opting for an ETF like HBNK vs chasing an individual bank stock highs?

    • @StocktradesLtd
      @StocktradesLtd  20 днів тому +2

      Too high of fees for a simple basket of holdings, especially if commission free. Why not just buy the 6 banks and rebalance yourself?

    • @Rob-ob3sh
      @Rob-ob3sh 19 днів тому +1

      Sold out of my TD stock as I see TD being dead money due to restrictions to grow in the U.S.

  • @sacphilip
    @sacphilip 20 днів тому +1

    Hi Dan, what's your opinion on a momentum etf like XMTM that invests in the US market using CAD? I'm considering migrating my portfolio to US stocks without having to convert to USD.

    • @StocktradesLtd
      @StocktradesLtd  20 днів тому

      I am a fan of momentum factor funds but you need to understand and accept the volatility they're gonna have

  • @Rory-p1l
    @Rory-p1l 20 днів тому +4

    Proud to own RBC. Now looking at bearish oil, targeting CNQ for more shares. Sold TD last week. Thanks for another great vid :)

  • @davidkincade
    @davidkincade 20 днів тому +2

    One stock video is great. How about CN TSX? Thanks for the video.

  • @elmoundlau6395
    @elmoundlau6395 20 днів тому +1

    I have made over 70% of growth on EQB over the last year. I think it is better than RBC.

    • @StocktradesLtd
      @StocktradesLtd  20 днів тому +1

      I'm not really sure how that's possible unless your timeline is different than 1 year. Royal is up around 55% the last year while EQB is up around 51%. Royal has actually outperformed EQ Bank over the last 1-3 years. However, don't get my wrong I still like EQB, I own it as well.

  • @Rob-ob3sh
    @Rob-ob3sh 19 днів тому +1

    Sold my TD stock due to restrictions to grow it’s business in the U.S. I like BMO as a possible investment and National bank but they both seem expensive

    • @StocktradesLtd
      @StocktradesLtd  19 днів тому +1

      BMO is definitely a contrarian buy right now. Kind of in the dumps because of provisions.

    • @Rob-ob3sh
      @Rob-ob3sh 2 дні тому

      The biggest steal was when I picked up ARE for a average price of $10.55 and I still hold it and now trades over $27 as they expand into the U.S. Ai nuclear power plants.

    • @marcelmed4574
      @marcelmed4574 День тому

      I’m aware of the penalty that TD was issued. Was it determined they can no longer grow in the US? Not sure that was settled.

  • @jpklee
    @jpklee 20 днів тому +2

    What are your thoughts on National?

  • @TheWalamala
    @TheWalamala 19 днів тому

    whats the stock

  • @karankhanna9593
    @karankhanna9593 20 днів тому +1

    I always look forward to hearing your advice

  • @dadaustin4570
    @dadaustin4570 19 днів тому +2

    Royal Bank and Exchange Income Fund = EIF

  • @crash7098
    @crash7098 20 днів тому +1

    Stick to one stick vids. Much easier to focus. Also, how are you feeling about A&W reit? This are going on with them.

    • @StocktradesLtd
      @StocktradesLtd  20 днів тому

      I sold it instead of taking the new corp. Will re-evaluate it later.

  • @roberttaylor3594
    @roberttaylor3594 20 днів тому +1

    I liked my bank stocks and bought a few more in the dip… feels like this is the last chance; if I buy a bank stock it will be RB. TD is out, BNS is an underperformer, CM usually is too, and I held BMO thru from 2021 which was…not bad over those years. RB is the leader of the pack.

  • @dyingpentas
    @dyingpentas 20 днів тому +3

    Banks are not the same. I have BMO for the last 3 years. Huge letdown😢 Ever increasing PCL is bottomless...

  • @vicgill1980
    @vicgill1980 19 днів тому +1

    Oilers need a new coach!

  • @johnmcquaid7524
    @johnmcquaid7524 20 днів тому +2

    I don’t hold RB; world class bank for sure.
    Thank-you for the video!

  • @winglo8371
    @winglo8371 19 днів тому

    royal bank promotor

    • @StocktradesLtd
      @StocktradesLtd  19 днів тому

      @@winglo8371 yes. The video is on Royal Banks stock.