National Bank of Canada

It's one of the best looking bank stock. It looks more like an insurance stock. A nice 50% increase from the bottom with a good dividend. There could be more upside looking at the chart pattern. Not a very volatile stock.

It has been a spectacular performer. It has a very profitable niche in Quebec. They have a strong wealth management business that has helped them as well. They are the largest custodian for large institutional investors. He would hold it here.

Its multiple has expanded to match its bigger peers, so he's wary, since their quality of business isn't as high as those peers. This is a relative valuation call.

It's his favourite bank. Always liked its cheap fundamentals, and it continues to dominate Quebec. Nice earnings. They've benefited from a vibrant real estate market in Montreal. (Analysts’ price target is $67.92)

Its rally will continue. He would buy all the Canadian banks. Great chart with lots of volume. It's built a base, so it can move higher.

Trading at near all time highs, it has the best chart of the Canadian banks. The breakout above $64 was followed with good earnings being reported. Yield 4.01% (Analysts’ price target is $65.64)

Banks are defensive in an economic downturn. The stock over the past number of years has been doing well. They have delivered better in the capital market activity and have narrowed their spread with other banks. He doesn't own any Canadian financials due to interest rates. The dividend is safe.

It's done very well, having grown beyond Quebec in the past 10 years and closed the valuation gap with the big banks. Problem is, can it continue to grow as much in the next 10 years? It lacks international diversification. NA is a decent hold, but he'd buy other banks.

More of a growth story than other banks. Has hung in there better than some other banks. They have the bulk of their activity in Eastern Canada which is a driving force right now. Overall, a good dividend stock. The market has been rewarding them.

They owned three other banks that are larger and more diversified. If he ran a more broader portfolio he would have no problem owning this stock. Having said that you should temper your expectation for the next 5 years as Quebec is their bigger market and it's been the stronger economy in Canada. All banks are now cheap as there are macro concerns in the market that he doesn't share. The group has outperform the TSX in 20 of the last 25 years.

Has been pulling back on the whole sector. Would rather see the dividend north of 4%. Will probably see more price compression, perhaps $5, before you want to get in.

It has over a 4% yield. On a valuation basis, it is not that much cheaper. They have diversified into the energy sector and built their wealth management business. It would not be his first pick in the space.

He thinks their plan to expand in Canada only provides limited opportunities. The Canadian economy is not exactly booming. The other banks are growing outside our country. He would look elsewhere in the Canadian space.

It's different from the big banks, because it's based on Quebec, so it's a play on Quebec where the real estate market is hot and the government has delivered five balanced budgets. NA is good for the long-term.