Royal Bank (RY.TO)

A leader in the sector over the last year.

Breakout, continuing to push higher. A machine, continues to perform. No reason not to like this stock. Next year, could be 15-20% correction in markets, so wait till then to deploy a lot of capital. But he's OK with small, incremental additions now.

Peer-leading multiple, around 14x earnings. Very well run. Likes it, but valuation keeps him away. For new money, hunt for more value.

A leader in the group, stick with it.

Great company, most diversified bank in Canada. Best platform. Lowest risk, as they have different areas of growth, and you want diversified sources of revenue growth. Hold for the long term, but take some profits, as valuation has really jumped up a step. 

Would recommend buying if stock has a pullback. Chart indicating base strength. Would recommend investing with lower interest rates. 

Best bank in Canada. Not dirt cheap, but that's not necessarily what he looks for. Looks for businesses that are building out with smart moves, such as HSBC purchase. Cashflow is one metric he looks at. Will continue to compound earnings. A buy, even though it's run up.

They lack company-specific problems of other banks, which helps performance. Canadian banks will do okay, because they are an oligopoly. RY's capital business is doing well with high returns. Aren't doing acquisitions, so are not paying for mistakes (like its peers). The smart M&A growth rate is paying. Buy on pullbacks. Is a hold at this price. At 15x PE, the upside is limited.

He rarely sees bank stocks trade at 13 1/2 times this year's expected earnings and Royal bank is trading at this level. It is hard to see earnings grow much higher so it could be time to take some profits. It could do a split since banks don't like to see their stock prices get too high.

Continues to be outstanding by line of business and geographic exposure. Grows dividend at high single-digit pace. Yield close to 4% plus growth at 7-9% gives you good line of sight to grow shareholder returns at a double-digit pace through the cycle.

One of her top bank holdings and a top bank performer in Canada. Pays over a 4% yield. Trades at a premium to peers. Likes their HSBC takeover, which they just absorbed. Good. On track to achieve synergies of $740 million over 2 years; HSBC exposes them to higher-wealth clients.

Her favourite among the Canadian banks. Steady dividend yield of almost 4%. Ranks 8/10.

Yes, a good bank, and recent acquisitions were smart, but they trade at a valuation. He prefers a cheaper one among Canadian banks, like BNS.

HSBC acquisition seemed to go really well. More of a global bank from an investment management point of view, less from domestic retail. Stick with it. You can own more than 1 Canadian bank; at certain times you may just want to own less or more of one or the other.

The breakout around $140 was pretty good news. Want to see it keep making higher highs and higher lows. Could absolutely pull back and probably will. Nothing wrong with this picture, you can continue being in love.