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Canadian Western Bank Stock Symbol: CWB-T

Last Price Recorded: $33.3900 on 2017-10-17

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Date Signal Expert Opinion Price
2016-01-12 COMMENT Christine Poole

Because of its geographic concentration, and that all of the banks have underperformed, she would rather buy one of the larger ones. Dividend yield of 4.4%.


Price:
$21.030
Subject:
NORTH AMERICAN - LARGE
Bias:
BULL on US EQUITIES
Owned:
Unknown
2016-01-04 BUY on WEAKNESS Larry Berman CFA, CMT, CTA

Earnings expectations set it at 8.6 times, which is very low.  But there could be another 10% down in the stock if oil stays low much longer.  It is an energy trade and will recover proportionately if oil does.  You could nibble away here.


Price:
$23.510
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-12-30 COMMENT Lyle Stein

Has been punished because everybody thinks that every loan in Alberta is going to go under. That just isn’t the case. You are buying this at about 8X earnings compared to other bank stocks where you are paying 10X or 10.5X earnings. You’ll get a 1% multiple bump over a 5-7 year period, and you are probably going to get a nice growth bump, because the earnings that are not going down will show enhanced growth as Alberta recovers. This is exactly what a contrarian investor would be looking at. Dividend yield of 3.8%.


Price:
$23.700
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2015-12-10 DON'T BUY Bruce Tatters

It has not had a good year and is less expensive now.  The problem is the exposure to lending in Western Canada.  There were not a tremendous amount of debt restructurings in 2015 so he is cautious the longer oil stays low.


Price:
$23.170
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2015-11-25 DON'T BUY Jason Mann

(Market Call Minute.) This has suffered from a slowdown out West. It is the middle of the pack for him. Has an okay yield. There is no compelling reason to own this when some of the other banks are trading at some of the same valuations.


Price:
$25.580
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
No
2015-11-24 TOP PICK Jerome Hass

Short. (A pairs trade with a Long on Callidus Capital (CBL-T).) This is essentially to take out some of the market specific risk and industry specific risk. Dividend yield of 3.41%.


Price:
$25.810
Subject:
CANADIAN - LONG & SHORT
Bias:
UNKNOWN
Owned:
Yes
2015-11-16 DON'T BUY Larry Berman CFA, CMT, CTA

Banks in general may be soft for a year or two.  He would prefer ZWB-T, which does not own CWB-T.  He would not step into ZWB-T yet.


Price:
$25.330
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2015-11-06 WAIT Rick Stuchberry

This bank is so tied to the energy complex in the west and the western economy, there is probably going to be a little bit of rough water before calm seas set in. He would be more comfortable buying one of the bigger banks, as they are breaking out of their technical formations, meaning they are making better money. Watch the loan loss provisions get built into the big banks when they report in a month. If they start to go way up, that augurs poorly for this bank.


Price:
$25.510
Subject:
CANADIAN LARGE & ADRs
Bias:
OPTIMISTIC
Owned:
No
2015-11-04 COMMENT Lyle Stein

This has been unduly hit because of Alberta. He is trying to figure out how to play the Alberta recovery. (See Top Picks.)


Price:
$25.050
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2015-10-08 BUY Douglas Kee

It has been hit by the energy price.  This one is down more because of where they are.  It is a well managed bank.  He has no problem with the stock.


Price:
$26.500
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
No
2015-09-22 PAST TOP PICK Todd Johnson

(A Top Pick May 22/14. Down 33.35%.) Thinks the selloff has been overdone. This bank trades with oil. 40% of its assets are in Alberta. Last quarter earnings were quite good. It has sub-20 provisions for credit losses, which is well below all the other banks. Trading close to BV, and with a 3-5 year time horizon, it is a great buy.


Price:
$23.860
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-09-21 WEAK BUY Jeff Young

A lot of equipment financing.  He thinks reserves for loan losses will go up.  If you have patience and can handle some volatility, it will pay off, even at these levels.


Price:
$23.900
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
No
2015-09-15 DON'T BUY Jerome Hass

To some extent, he thinks the market has been unduly harsh, but it is really viewed as one of the best pure proxies on the economy in Western Canada. As a consequence there have been a lot of Shorts on the name. Believes it is one of the worst performing Canadian banks over the last 12 months, and doesn’t see that changing in the near future.


Price:
$23.260
Subject:
CANADIAN MID-CAPS & LONG/SHORT STRATEGIES
Bias:
UNKNOWN
Owned:
No
2015-09-14 WATCH Larry Berman CFA, CMT, CTA

Very regional player.  Banks came down recently.  When oil turns around, this will tend to lead banks.  A steeper yield curve would be better for all banks, if interest rates start to rise.


Price:
$22.540
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-09-11 PARTIAL BUY Steve DiGregorio

His preferred pick would be Toronto Dominion (TD-T) because of their access to the US and the revenue that is coming out of there. This is a bank that traditionally always trades at a premium of all the banks, because of the growth profile. It is currently trading at a discount. This is the bank that is going to perform the best when interest rates start to rise. Nibbling away at this would be a good investment for the long-term.


Price:
$22.660
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH on DIVIDEND STOCKS
Owned:
Yes
Showing 31 to 45 of 203 entries
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