Canadian Imperial Bank of Commerce | StockChase
838
Canadian Imperial Bank of Commerce (CM-T)

Last Price Recorded: $114.7200 on 2017-11-22

ON STOCKCHASE SINCE Oct 2000

banks

Canadian Imperial Bank of Commerce


Signal Opinion Expert

2017-11-03

BUY on WEAKNESS
Canadian Imperial Bank of Commerce (CM-T)

Just had a tougher quarter last quarter with Private Bank Corp results coming in a little bit messy. Their balance sheet isn't as good as the other banks right now. For a 3-5 year hold, he is seeing 4% EPS growth. Trades at a 15% discount to the rest of the banks. Banks are at overbought levels, but are still relatively cheap. On a little bit of a pullback, you could buy this.

banks
Greg Newman

Director & Portfolio Manager, Scotia Wealth Management

Price: $114.110
Owned: Unknown

2017-11-02

COMMENT
Canadian Imperial Bank of Commerce (CM-T)

Probably paid too much for the US acquisition, but had no choice in order to compete with other Canadian banks. This is not expensive and pays a nice dividend. They have a relatively good Canadian franchise. If you see any slippage in this bank, it will probably come from the US acquisition side. Dividend yield of 4.6%.

banks
Paul Harris, CFA

Portfolio Manager and Partner, Avenue Investment Management

Price: $113.720
Owned: Unknown

2017-11-01

BUY
Canadian Imperial Bank of Commerce (CM-T)

This is right up there with the cheapest in Canadian banks. There are some questions or a “wait and see” on their US acquisition and how it rolls out. If you have a longer-term time horizon, these are the opportunities that you can look back on and be thankful for. You are getting paid while you wait, and are buying it at a great valuation.

banks
Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisory, Raymond James

Price: $113.560
Owned: Unknown

2017-10-30

DON'T BUY
Canadian Imperial Bank of Commerce (CM-T)

He places a lot of value on a management team and this one has done a great job of turning them around.  It is a long term potential opportunity but with a high domestic focus.

banks
Danesh Rohinton

Portfolio manager, Cambridge Global Asset Management

Price: $113.550
Owned: No

2017-10-27

COMMENT
Canadian Imperial Bank of Commerce (CM-T)

Canadian banks are really interesting in that after their good August earnings, they stumbled. They’ve now picked up and have rocketed. Canadian banks typically do well from Oct 10 into December. Chart shows this was in a channel, but has now broken out, which is very positive. He wouldn’t be surprised to see it go back to the high it had earlier in the year.

banks
Brooke Thackray

President, Jov Investment Management

Price: $113.270
Owned: Unknown

2017-10-20

COMMENT
Canadian Imperial Bank of Commerce (CM-T)

This has done reasonably well. As we know, banks are a protected species in Canada. Chart is showing a series of higher lows and higher highs, and feels this could go a little higher. The chart looks pretty good.

banks
William Chin

Portfolio manager, Caldwell Investment Management

Price: $112.580
Owned: Unknown

2017-10-16

TOP PICK
Canadian Imperial Bank of Commerce (CM-T)

They are far more levered to housing and mortgages.  It has not come back to the old highs.  They are good at what they do.  It is the most unloved and the lowest PE bank.  (Analysts’ target: $118).

banks
Keith Richards

Portfolio Manager, ValueTrend Wealth Management

Price: $112.270
Owned: Yes

2017-09-28

COMMENT
Canadian Imperial Bank of Commerce (CM-T)

This continues to be a good time to own Canadian financials. Unfortunately, this is one of the weakest right now given their capital ratios and unproven results with their new private bank corp. They have to prove themselves somewhat. Trades at about a 15% discount to its peers, which is reflected in the price. All the Canadian banks are going to go higher. 3.8% dividend yield.

banks
Greg Newman

Director & Portfolio Manager, Scotia Wealth Management

Price: $109.110
Owned: Unknown

2017-09-22

BUY
Canadian Imperial Bank of Commerce (CM-T)

This has 2 periods of seasonal strength during the year, and one of them just started in the last 2 weeks. Bank stocks do very well from approximately the beginning of September right through until the end of November. That is when banks report their 4th quarter results. Look for the stock to test the previous high during its current period of seasonal strength.

banks
Don Vialoux

Research Analyst, TimingTheMarket.CA & EquityClock.COM

Price: $109.410
Owned: Unknown

2017-09-19

BUY
Canadian Imperial Bank of Commerce (CM-T)

He would recommend this at these levels. The average multiple tends to be just short of 12X earnings for the banks. The acquisition in the US was a good move. Over time, it will make investors feel more comfortable that there is some diversification out of Canada. Feels there is some room for multiple expansion. Dividend yield of 4.9%.

banks
Nick Majendie

Director & Senior Portfolio Manager, Scotia Wealth Management

Price: $107.680
Owned: Unknown

2017-09-13

COMMENT
Canadian Imperial Bank of Commerce (CM-T)

Probably one of the better capitalized banks, although in the last round of earnings, it fell from being at the very top tier, but it is still very well capitalized. Has a very good dividend which is approaching 5%. On a P/B basis, it is looking like one of the more reasonable priced banks. He likes the combination of a high ROE and low P/B with a prospective growing dividend stream going forward.

banks
Michael Sprung

President, Sprung Investment Management

Price: $107.120
Owned: Yes

2017-08-29

COMMENT
Canadian Imperial Bank of Commerce (CM-T)

One of the more domestically focused Canadian banks without large US/international operations. There has been a lot of concern about the Canadian housing market and concerns over loan losses, etc., which would affect this bank a little more than some of its peers. Also, foreign investors have taken a negative view on Canadian housing. Also, a lot of people feel US banks are good value. He favours US banks over Canadian banks.

banks
Colin Stewart

CEO & Portfolio manager, JC Clark Investments Ltd.

Price: $104.540
Owned: Unknown

2017-08-25

COMMENT
Canadian Imperial Bank of Commerce (CM-T)

People are concerned about the size of the mortgage portfolio.  Earnings growth is expected to be modest this year.  7% next year.  A 9 times PE is pretty cheap, but a 7.4% free cash flow restricts dividend increases.

banks
Robert McWhirter

President, Selective Asset Management

Price: $105.920
Owned: Unknown

2017-08-25

WAIT
Canadian Imperial Bank of Commerce (CM-T)

Seasonal strength is the end of September until the end of November.  But the banks move lower as we move into September.  After this dip, the seasonality takes over.

banks
Don Vialoux

Research Analyst, TimingTheMarket.CA & EquityClock.COM

Price: $105.920
Owned: Unknown

2017-08-24

BUY
Canadian Imperial Bank of Commerce (CM-T)

It has been a laggard for a cycle or so (30 years).  They just had a better quarter.  This one might go up more than the others.  He thinks there is no reason not to own this one.

banks
Rick Stuchberry

Portfolio Manager, Richardson GMP

Price: $105.570
Owned: No

Showing 1 to 15 of 838 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.