Bank of New York MellonBNYBUYJul 15, 2026Stock price when the opinion was issued
Canadian banks, for example, have had stellar runs and trade at significant premiums. Our underlying economy isn't great, we're in a trade war, and so there might be some profit-taking.
Relatively, with a stronger economy and rising interest rates, the US is a better place to be. This one is a specialty bank. Attractive entry level, he'd be OK adding some exposure. But rising interest rates in the US will bring some downside.
It's risen 289% under the current CEO, beating the big six banks. Today they reported a great quarter to send it to a new high.