PAST TOP PICK

(A Top Pick Sept 8/14. Down 0.77%.) BMO Floating Rate Preferred Share Series 17. Shouldn’t be volatile except when the bank of Canada rate drops. It was up on the year, but as soon as the interest rate cut came in, it dropped. This was a defensive strategy for people who thought rates were going to go up. It is still a pretty good substitute for a Money Market type of return, plus you get the dividend tax credit.

Financial Services
TOP PICK

BMO Floating Rate Preferred Share Series 17 (BMO.PR.R-T) This is more of a defensive play. It can be Called at any time at $25. This came with the reset spread of 165, so you are getting a T-bill rate, which is around 1%, +165 basis points, 265 for basically a money market piece of paper. If rates go up, you are going to get more money.

Financial Services
Showing 1 to 2 of 2 entries
  • «
  • 1
  • »

Bank Of Montreal (Preferred)(BMO.PR.T-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Bank Of Montreal (Preferred) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Bank Of Montreal (Preferred)(BMO.PR.T-T) Frequently Asked Questions

What is Bank Of Montreal (Preferred) stock symbol?

Bank Of Montreal (Preferred) is a OTC stock, trading under the symbol BMO.PR.T-T on the (). It is usually referred to as or BMO.PR.T-T

Is Bank Of Montreal (Preferred) a buy or a sell?

In the last year, there was no coverage of Bank Of Montreal (Preferred) published on Stockchase.

Is Bank Of Montreal (Preferred) a good investment or a top pick?

Bank Of Montreal (Preferred) was recommended as a Top Pick by on . Read the latest stock experts ratings for Bank Of Montreal (Preferred).

Why is Bank Of Montreal (Preferred) stock dropping?

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.

Is Bank Of Montreal (Preferred) worth watching?

In the last year, there was no coverage of Bank Of Montreal (Preferred) published on Stockchase.

What is Bank Of Montreal (Preferred) stock price?

On , Bank Of Montreal (Preferred) (BMO.PR.T-T) stock closed at a price of $.