National Bank of Canada (NA-T)

Overall, banks should be correcting a little more than they are now. He sees some growth risks in Canada specifically. A bank like this, that's mostly exposed to the Canadian consumer and market, will have a bit of a correction if our economy is weaker.

Likes the name, but he'd wait for more of a drop before putting in new $$, perhaps another $10 lower.

Leader in Canadian banking stocks. Good capital decision making. Strong balance sheet. Recent share price weakness could be a good time to buy. Domestic banks are more exposed to weakness in Canadian economy. Does not own shares right now. 

Doesn't own, but has no problems with this name in a portfolio.

Can't go wrong buying this one. One of his favourites in the space, along with BMO.

Handily outperformed most of the other Big 6 for more than a decade. Boost in trading multiple well deserved. No quarrels investing with a 2-year timeframe. Yield's between 3-4%. 

As a group, he'd be more cautious. But this one has done a good job over the years and that will probably continue. Somewhat isolated from some of the concerns surrounding the new US administration. Not the cheapest, but will have a higher ROE than peers. You can hold or even accumulate.

If you're in a bull market, you want to own the strongest stocks you can find. He prefers "good, getting better", some kind of positive change that could add to the valuation, and where other people agree with him. He owns RY, CM, and NA; firing on all cylinders.

Loves the Canadian banks long term. His favourites are NA and RY right now.

A leader in the sector over the last year.

Don't fight the trend. Has been the leader, continues to work. The winners continue to win, so the valuation doesn't really bother him.

A leader in the group, stick with it.

For the past 10-15 years, it's been one of the best banks, outperforming. Their purchase of Canadian Western Bank is transformative, but is a little skeptical about how synergistic the deal will be, but CWB is a good franchise and there will be some synergy. NA will do well overall.  For the next decade, NA has a smaller base to grow than TD, but their earning power will outstrip TD. That said, he would suggest only selling TD marginally to buy NA.

He has owned it for 20 years. It is the 6th largest bank in Canada but not trading at a discount to the big 5 now. In fact it is valued at second place behind Royal Bank so be wary. It hasn't been this expensive before. Banks tend to trade in a range. It bought Canadian Western Bank which is a good deal for both banks.

Hesitant on Canadian banking space in general. Mortgage reset date of 2025 hasn't happened yet, with its impact on consumer. Bulk of the bad news hasn't been taken into consideration yet. Trades at a premium, stay away. 

Market bias toward domestic-centric banks right now, so they're doing well. If she had to pick a Canadian-centred bank, she'd pick CM.