Decline reflects decline in the sector. Large cap, very stable. US regional bank issues shouldn't affect its operations. Bigger institutions have benefited from banking turmoil. Diversified. Likes Canadian banking as a whole. Sound investment. See her Top Picks.
Volatility in the sector. Nothing wrong with this one. Ignore the volatility in the short term. Long term, it should do well. His preference in the space is TD. See his Top Picks.
Has sold shares @ $134.
Still likes fundamentals of business despite headwinds of higher interest rates.
Will buy when shares fall.
Canadian banking system one of strongest in the world.
Better names in the banking sector.
Strong Canadian bank.
Loan growth has slowed.
Continues to be a stand out amongst the banks.
Still likes the company.
More that the market doesn't like banks right now, rather than not liking the acquisition. If the economy slows down, what will that do to loan losses? Earnings start tomorrow, might be all right as the economy hasn't rolled over yet. Lower end of valuation range, decent dividends, but earnings growth will be challenged in the short term.
Bank of Montreal is a Canadian stock, trading under the symbol BMO-T on the Toronto Stock Exchange (BMO-CT). It is usually referred to as TSX:BMO or BMO-T
In the last year, 25 stock analysts published opinions about BMO-T. 19 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bank of Montreal.
Bank of Montreal was recommended as a Top Pick by on . Read the latest stock experts ratings for Bank of Montreal.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
25 stock analysts on Stockchase covered Bank of Montreal In the last year. It is a trending stock that is worth watching.
On 2023-06-01, Bank of Montreal (BMO-T) stock closed at a price of $113.55.
Canadian banks are one of the strongest oligopolies in the world. Raising dividend shows the results miss is not a long-term problem. Digestion issues on latest acquisition. Raising loan losses to normal levels. Expenses were higher. Inflation has increased wages. Keep holding, comfortable buying more.