Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
Stockchase Opinions

Lorne SteinbergBank of Nova Scotia (Pref.)BNS.PR.O.TOCOMMENTMar 13, 2023

Owns the five major Canadian banks. Bank of Nova Scotia is looking for a change in strategy with the new CEO. CIBC is one of the cheapest.

N/A

Stock price when the opinion was issued

banks
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

HOLD
5.75% preferred shares probably makes sense.
BUY
Prefers are somewhat compelling. Because of the selloff, it is trading below its Call. With the recent changes in the tax laws, a 5% yield comparable to an after-tax yield is about 7.5%.