Bank of Montreal | StockChase
778
Bank of Montreal (BMO-T)

Last Price Recorded: $100.8000 on 2017-12-13

ON STOCKCHASE SINCE Oct 2000

banks
778
Bank of Montreal (BMO-T)

Last Price Recorded: $100.8000 on 2017-12-13

ON STOCKCHASE SINCE Oct 2000


Bank of Montreal


Signal Opinion Expert
COMMENT
Bank of Montreal(BMO-T) 

December 8, 2017

You should be fine owning this. It is not his preferred Canadian bank. If he had to choose, he would probably pick Toronto Dominion (TD-T) or Royal (RY-T) because of the big exposure to the US. All the metrics on this bank look okay, but he would choose more US financials.

banks

You should be fine owning this. It is not his preferred Canadian bank. If he had to choose, he would probably pick Toronto Dominion (TD-T) or Royal (RY-T) because of the big exposure to the US. All the metrics on this bank look okay, but he would choose more US financials.

banks
Veeral Khatri

Partner and Portfolio Manager, JC Clark...

PricePrice
$100.910
Owned Owned
No

COMMENT
Bank of Montreal(BMO-T) 

November 24, 2017

Has an ROE slightly below 14%, which is why it would trade at a lower Price to Book multiple of 1.6X. The bank has bought its way into very competitive markets, mainly in the US and things like commercial banking. It would not be the bank he would buy, but doesn’t see any particular risk in owning it. Doesn’t feel you are going to get a lot of performance above the group.

banks

Has an ROE slightly below 14%, which is why it would trade at a lower Price to Book multiple of 1.6X. The bank has bought its way into very competitive markets, mainly in the US and things like commercial banking. It would not be the bank he would buy, but doesn’t see any particular risk in owning it. Doesn’t feel you are going to get a lot of performance above the group.

banks
Daniel Lloyd

Portfolio Manager, Forge First Asset Ma...

PricePrice
$99.060
Owned Owned
No

WAIT
Bank of Montreal(BMO-T) 

October 30, 2017

With a one year horizon, it is too hard to forecast.  Over the long term the new management team has a strong leader with a capital markets background and a cost cutting initiative.  It is not attractive today but is long term.  The critical question is the success of the Harris Bank integration.  BMO has been having trouble with growth but this is a long term opportunity.

banks

With a one year horizon, it is too hard to forecast.  Over the long term the new management team has a strong leader with a capital markets background and a cost cutting initiative.  It is not attractive today but is long term.  The critical question is the success of the Harris Bank integration.  BMO has been having trouble with growth but this is a long term opportunity.

banks
Danesh Rohinton

Portfolio manager, Cambridge Global Ass...

PricePrice
$100.010
Owned Owned
Unknown

COMMENT
Bank of Montreal(BMO-T) 

October 27, 2017

Some of the banks, including this one, are at the $100 mark, which is where banks like to do stock splits. He would be positive on this.

banks

Some of the banks, including this one, are at the $100 mark, which is where banks like to do stock splits. He would be positive on this.

banks
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$100.030
Owned Owned
Unknown

DON'T BUY
Bank of Montreal(BMO-T) 

October 25, 2017

He doesn’t own BMO, he prefers Scotia (BNS-T), Royal (RY-T) and CIBC (CM-T). The one lagging in valuation lately is probably CIBC. Some banks are expanding in the US which is a very competitive market, and it could take several years before you start seeing any significant gains to the bottom line.

banks

He doesn’t own BMO, he prefers Scotia (BNS-T), Royal (RY-T) and CIBC (CM-T). The one lagging in valuation lately is probably CIBC. Some banks are expanding in the US which is a very competitive market, and it could take several years before you start seeing any significant gains to the bottom line.

banks
Michael Sprung

President, Sprung Investment Ma...

PricePrice
$99.520
Owned Owned
No

COMMENT
Bank of Montreal(BMO-T) 

October 20, 2017

Chart shows a Bull/Flat formation. The top of the flat is represented by disbelievers, people who don’t want the stock and are taking advantage of rallies and selling their position. The key on this is that it has broken out. The buyers are actually winning. That means it will likely go higher. There is a decent chance that this can reach the recent high and go a little higher. There is a nice little bull/flag formation.

banks

Chart shows a Bull/Flat formation. The top of the flat is represented by disbelievers, people who don’t want the stock and are taking advantage of rallies and selling their position. The key on this is that it has broken out. The buyers are actually winning. That means it will likely go higher. There is a decent chance that this can reach the recent high and go a little higher. There is a nice little bull/flag formation.

banks
William Chin

Portfolio manager, Caldwell Investment ...

PricePrice
$98.760
Owned Owned
Unknown

COMMENT
Bank of Montreal(BMO-T) 

October 4, 2017

Has been Short on this for over 8 years now, through a Pairs trade, being Long on Guardian Capital (GCG-T). When he did this in 2009, Guardian was trading at about a 25% discount just to the value of its BMO shares. Effectively, he was buying BMO $.50 to the dollar. Both stocks have gone up, but Guardian has gone up more and the spread has widened. This is one of the reasons he really likes Pair Trading.

banks

Has been Short on this for over 8 years now, through a Pairs trade, being Long on Guardian Capital (GCG-T). When he did this in 2009, Guardian was trading at about a 25% discount just to the value of its BMO shares. Effectively, he was buying BMO $.50 to the dollar. Both stocks have gone up, but Guardian has gone up more and the spread has widened. This is one of the reasons he really likes Pair Trading.

banks
Jerome Hass

Portfolio Manager, Lightwater Partners...

PricePrice
$96.350
Owned Owned
Yes

BUY
Bank of Montreal(BMO-T) 

September 28, 2017

He likes all the banks. However, in Q3 this bank had negative operating leverage, a -2.2%. Their US operations at flat earnings which were kind of disappointing. There is uncertainty on the street as to whether they can maintain their efficiency ratios. The weaker US$ hurts them a little. They have a very favourable Cdn/US business mix. This is one you can buy at around these levels.

banks

He likes all the banks. However, in Q3 this bank had negative operating leverage, a -2.2%. Their US operations at flat earnings which were kind of disappointing. There is uncertainty on the street as to whether they can maintain their efficiency ratios. The weaker US$ hurts them a little. They have a very favourable Cdn/US business mix. This is one you can buy at around these levels.

banks
Greg Newman

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$93.970
Owned Owned
Unknown

COMMENT
Bank of Montreal(BMO-T) 

September 14, 2017

If you are a long-term investor, you can’t go really too far wrong with Canadian banks. They tend to be these really solid, steady growers. The multiples contract and expand. Banks have some of the best dividend growth history out there. If you are buying for a long-term dividend growth, it is one you just buy and tuck away.

banks

If you are a long-term investor, you can’t go really too far wrong with Canadian banks. They tend to be these really solid, steady growers. The multiples contract and expand. Banks have some of the best dividend growth history out there. If you are buying for a long-term dividend growth, it is one you just buy and tuck away.

banks
Bruce Campbell (2)

President & Portfolio Manager, Stone Castle Investm...

PricePrice
$91.890
Owned Owned
Unknown

WAIT
Bank of Montreal(BMO-T) 

September 6, 2017

Rising interest rates are positive for banks. Banks in general have been in a near term downtrend. He is looking at the banks, but now is not the time to buy them. The chart on this shows lower highs and lower lows, but at some point, the banks will consolidate. Seasonally, October is generally a good time to buy banks, because they tend to move up into the next earnings season at around Christmas.

banks

Rising interest rates are positive for banks. Banks in general have been in a near term downtrend. He is looking at the banks, but now is not the time to buy them. The chart on this shows lower highs and lower lows, but at some point, the banks will consolidate. Seasonally, October is generally a good time to buy banks, because they tend to move up into the next earnings season at around Christmas.

banks
Keith Richards

Portfolio Manager, ValueTrend Wealth Ma...

PricePrice
$89.000
Owned Owned
Unknown

HOLD
Bank of Montreal(BMO-T) 

August 28, 2017

Not his favourite.  He has trouble dissecting their strategy.  It is more US oriented than it used to be.  See top picks today.  It is a hold because he likes the industry.

banks

Not his favourite.  He has trouble dissecting their strategy.  It is more US oriented than it used to be.  See top picks today.  It is a hold because he likes the industry.

banks
Bruce Campbell (1)

President, Campbell and Lee Inv...

PricePrice
$92.430
Owned Owned
No

BUY
Bank of Montreal(BMO-T) 

August 4, 2017

Which Canadian bank would you buy, excluding Toronto Dominion (TD-T)? To him, Bank of Montréal (BMO-T) looks pretty good. He sees an upside in this. It is trading at a discount to its EVB which is $105.66. His model price is $106.43 which is 12% higher.

banks

Which Canadian bank would you buy, excluding Toronto Dominion (TD-T)? To him, Bank of Montréal (BMO-T) looks pretty good. He sees an upside in this. It is trading at a discount to its EVB which is $105.66. His model price is $106.43 which is 12% higher.

banks
Brian Acker, CA

Chief Executive Officer, President and Chief Inves, Acker Finley Inc....

PricePrice
$94.610
Owned Owned
Unknown

COMMENT
Bank of Montreal(BMO-T) 

June 29, 2017

Toronto Dominion (TD-T), Bank of Montréal (BMO-T) or Bank of Nova Scotia (BNS-T)? He likes the financials. In Canada, banks and the insurers have underperformed the rest of the sectors this year. With interest rates starting to move higher, this is good for banks. Of the 3, this is about the cheapest.

banks

Toronto Dominion (TD-T), Bank of Montréal (BMO-T) or Bank of Nova Scotia (BNS-T)? He likes the financials. In Canada, banks and the insurers have underperformed the rest of the sectors this year. With interest rates starting to move higher, this is good for banks. Of the 3, this is about the cheapest.

banks
Stan Wong

Director & Portfolio Manager, Private Wealth Manag...

PricePrice
$95.500
Owned Owned
No

COMMENT

Canadian banks pretty much go in lockstep with each other, but there are deviations. When you look at their business mixes, they all are quite different businesses. The wildcard for a number of these banks has typically been the capital markets side, which tends to be a lot more volatile than earnings. He would not have any argument with somebody wanting to own this. (See Top Picks.)

banks

Canadian banks pretty much go in lockstep with each other, but there are deviations. When you look at their business mixes, they all are quite different businesses. The wildcard for a number of these banks has typically been the capital markets side, which tends to be a lot more volatile than earnings. He would not have any argument with somebody wanting to own this. (See Top Picks.)

banks
Michael Sprung

President, Sprung Investment Ma...

PricePrice
$90.400
Owned Owned
No

HOLD

In the Canadian banking sector, you have to separate the ones which are highly dependent on Canadian revenues, and those who are more dependent on outside revenues. This one is right in the middle, but probably more dependent on outside revenues. Only 60% of its revenues come from within Canada, with the rest coming from the US. Earnings report was not great and the stock got hurt a little. He has seen this before with a lot of the bank stocks, so it is not a name he would give up on at this point. It could even be an entry point at this time.

banks

In the Canadian banking sector, you have to separate the ones which are highly dependent on Canadian revenues, and those who are more dependent on outside revenues. This one is right in the middle, but probably more dependent on outside revenues. Only 60% of its revenues come from within Canada, with the rest coming from the US. Earnings report was not great and the stock got hurt a little. He has seen this before with a lot of the bank stocks, so it is not a name he would give up on at this point. It could even be an entry point at this time.

banks
Stan Wong

Director & Portfolio Manager, Private Wealth Manag...

PricePrice
$91.170
Owned Owned
No

Showing 1 to 15 of 778 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company