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Stockchase Opinions

Randy LeClairRoyal Bank of Canada (Pref -Y)RY.PR.Y.TOPAST TOP PICKAug 03, 2010

(Top Pick Jul 10/09, 6.1% Total Return) There was a roller coaster dip in April and May. He trimmed it back a bit.
$27.56

Stock price when the opinion was issued

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TOP PICK
Recently issued reset preferred shares. 6.1% coupon but price has risen to about $27.50 so overall yield is at 5.52%. Better than the bond.