Canadian Imperial Bank of Commerce

CM-T

TSE:CM

77.67
4.01 (4.91%)
The Canadian Imperial Bank of Commerce, commonly referred to as CIBC, is one of the Big Five banks in Canada. The bank is headquartered at Commerce Court in Toronto, Ontario. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT.
More at Wikipedia

Analysis and Opinions about CM-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 6, 2019
The banks across the board have’s done well this week. Banks do well between August to September and usually outperform the market. From a technical perspective, we inched into resistance and we’re seeing testing. He wouldn’t be a buyer here unless it come down to the August low.
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The banks across the board have’s done well this week. Banks do well between August to September and usually outperform the market. From a technical perspective, we inched into resistance and we’re seeing testing. He wouldn’t be a buyer here unless it come down to the August low.
BUY WEAKNESS
BUY WEAKNESS
December 5, 2019
$111.65 is his structural level. It will stay where it is until there is some news. He would add here as his model price is $135.44 or an 18% upside. He would nibble here.
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$111.65 is his structural level. It will stay where it is until there is some news. He would add here as his model price is $135.44 or an 18% upside. He would nibble here.
STRONG BUY
STRONG BUY
December 4, 2019

Lots of upside to come and pays a nice yield. CM is in the lower end of its 10-year range. Really likes this, even more than TD.

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Lots of upside to come and pays a nice yield. CM is in the lower end of its 10-year range. Really likes this, even more than TD.

PAST TOP PICK
PAST TOP PICK
December 3, 2019
(A Top Pick Dec 10/18, Up 13%) Pays the best dividend among Canadian banks. Still likes it. Trades in line with its peers in terms of valuation. ROE is fairly good. They report next week. Credit has held in well in this space, and all the banks have contained operating costs. The sector is up 14%.
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(A Top Pick Dec 10/18, Up 13%) Pays the best dividend among Canadian banks. Still likes it. Trades in line with its peers in terms of valuation. ROE is fairly good. They report next week. Credit has held in well in this space, and all the banks have contained operating costs. The sector is up 14%.
HOLD
HOLD
November 14, 2019
Financials look pretty good. They keep moving on into December. You have support way back in May and we should see it hold at $110. It should carry on into January and February of next year. It should go back up to $120 and then pause there.
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Financials look pretty good. They keep moving on into December. You have support way back in May and we should see it hold at $110. It should carry on into January and February of next year. It should go back up to $120 and then pause there.
COMMENT
COMMENT
November 6, 2019
Will they continue to outperform their peers? Every cycle sees the laggard become the leader and then vice versa. The Canadian banks are all about the same in long term returns. CM is the smaller of the Big 5 banks. RY has been consistently the largest bank, however. CM-T does have the highest current dividend yield.
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Will they continue to outperform their peers? Every cycle sees the laggard become the leader and then vice versa. The Canadian banks are all about the same in long term returns. CM is the smaller of the Big 5 banks. RY has been consistently the largest bank, however. CM-T does have the highest current dividend yield.
DON'T BUY
DON'T BUY
October 28, 2019
Traditionally it has been regarded as more focused on the domestic economy. The reliance on the domestic Canadian mortgage market for growth is not well regarded. It might be okay shorter term but not longer term.
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Traditionally it has been regarded as more focused on the domestic economy. The reliance on the domestic Canadian mortgage market for growth is not well regarded. It might be okay shorter term but not longer term.
BUY
BUY
October 22, 2019
A recent top pick. Fine valuation vs. peers. Neither the cheapest or most expensive bank, and pays nearly a 5% yield (safe), higher than peers. Their mortgage exposure is greater than peers, though.
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A recent top pick. Fine valuation vs. peers. Neither the cheapest or most expensive bank, and pays nearly a 5% yield (safe), higher than peers. Their mortgage exposure is greater than peers, though.
HOLD
HOLD
October 18, 2019
He saw a floor near $100 back in August and resistance at $110. If we go above $112, then $120 is very likely. A no man's land right now, so just hold with downside to about $105.
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He saw a floor near $100 back in August and resistance at $110. If we go above $112, then $120 is very likely. A no man's land right now, so just hold with downside to about $105.
HOLD
HOLD
October 7, 2019
He is luke warm on Canadian banks. He owns BNS-T and CWB-T. It has not been the best run bank historically. The dividend is safe unless something horrific happens. It will probably continue to grow its dividend.
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He is luke warm on Canadian banks. He owns BNS-T and CWB-T. It has not been the best run bank historically. The dividend is safe unless something horrific happens. It will probably continue to grow its dividend.
COMMENT
COMMENT
September 20, 2019

Canadian banks have gotten very cheap now. CIBC has a US presence but it’s mainly in Canada. RBC has more resources with a global presence. He thinks that banks are still a good place to be. Would be buying Royal Bank and TD.

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Canadian banks have gotten very cheap now. CIBC has a US presence but it’s mainly in Canada. RBC has more resources with a global presence. He thinks that banks are still a good place to be. Would be buying Royal Bank and TD.

Greg Newman

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Price
$111.110
Owned
Unknown
BUY
BUY
September 12, 2019
The breakout above $105 is very encouraging and he picked it up. We just punched through the 200 day moving average. This stock is outperforming the S&P.
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The breakout above $105 is very encouraging and he picked it up. We just punched through the 200 day moving average. This stock is outperforming the S&P.
TOP PICK
TOP PICK
September 9, 2019
They surprised everybody in the last quarter with earnings. You get over 5.5% yield. The valuation of this banks is out of kilter with the other banks. People are concerned that they are too Canada-centric. At this price it is his Top Pick. It is a screaming buy at $100. (Analysts’ price target is $110.94)
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They surprised everybody in the last quarter with earnings. You get over 5.5% yield. The valuation of this banks is out of kilter with the other banks. People are concerned that they are too Canada-centric. At this price it is his Top Pick. It is a screaming buy at $100. (Analysts’ price target is $110.94)
DON'T BUY
DON'T BUY
September 9, 2019
Facing same issues as all the banks. Cheaper valuation, so bit more protected on the downside. No earnings growth. Not getting the spread when rates are compressed.
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Facing same issues as all the banks. Cheaper valuation, so bit more protected on the downside. No earnings growth. Not getting the spread when rates are compressed.
BUY
BUY
September 6, 2019
Seasonality around October, as it is year end for them. It’s at an attractive place. It’s at the low end of its trading range so he would be a buyer here. It won’t stay here for too long.
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Seasonality around October, as it is year end for them. It’s at an attractive place. It’s at the low end of its trading range so he would be a buyer here. It won’t stay here for too long.
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