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Compiling comments that experts make about stocks while on public TV.

2017-09-13

Opinion for Canadian Imperial Bank of Commerce (CM-T)

Signal Price Bias Subject Owned
COMMENT $107.120 CAUTIOUS CANADIAN LARGE Yes

Probably one of the better capitalized banks, although in the last round of earnings, it fell from being at the very top tier, but it is still very well capitalized. Has a very good dividend which is approaching 5%. On a P/B basis, it is looking like one of the more reasonable priced banks. He likes the combination of a high ROE and low P/B with a prospective growing dividend stream going forward.

Michael Sprung
President, Sprung Investment Management http://www.sprunginvestment.com/

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