Top 10 Finance Stocks To Watch in 2021

Opinion about MA-N: Yesterday off by 5.5%, and that's continuing today. Pretty big reversal from high of around $591. See how it plays out. Volume on this drop is not as much as it was in the April downdraft. Indicates it might not have fully played out yet, and selling might continue.He could see it…

Opinion about C-N: They reported a big top and bottom line beat, sending shares rallying today. All five segments grew last quarter, led by wealth management (up 20%). Higher costs from their turnaround should decline next year, which the market liked to hear. The CEO is turning things around. Will keep climbing.

Opinion about MS-N: The capital markets banks are all performing really well. That tells you something about the rest of the market; if investors are focusing on these banks, then they must have a view that lots of deals will be done and that capital markets provide a good opportunity. This name is more investment…

Opinion about TD-T: Recently lightened up on re-rating, but still likes it. Now trades at almost parity or slight discount to peers. US missteps are behind them. Incurring lots of expenses to step up anti-money-laundering compliance. How long will they be in the US penalty box? WFC was there for 7 years, and he hopes…

Opinion about V-N: It reports Tuesday. It always sells off after it reports, because its financials are hard to understand.

Opinion about BNS-T: This is the one of the group that looks really interesting to him. Its US acquisition didn't look too good right off the bad, but could end up being pretty good. Has already taken the worst hits on Latin exposure. If you were to add one Canadian bank, this would be at…

Opinion about IFC-T: It's delivered, and it's been a great acquisition story. He's not playing the insurance side as much right now. Food for thought:  what's autonomous driving going to do to rates and payouts? Theoretically, it should be positive. Could be a cornerstone of the financial part of your portfolio, but he doesn't own…

Opinion about RY-T: Best Canadian bank. Going higher. Dominant personal and commercial franchise in Canada. US business not as good as the Canadian one, but has turned a corner. Biggest wealth management franchise in Canada. Global top 10 in capital markets, which should grow nicely.

Opinion about CM-T: Was undervalued, now valuation's getting stretched. 

Opinion about BAC-N: The only big bank that missed on the top line, due to a net interest income line miss. They maintained their full-year net interest income forecast. Falling short were markets and banking segments. Shares fell today.