Top 10 Finance Stocks To Watch in 2021

Opinion about MA-N: The world of business is just fine. Fears of stablecoin, but company has gone ahead and allowed those payments on its credit cards.

Opinion about C-N: Doesn't mind trimming a bit here. Likes the story longer term, especially US banks. If he's correct, financials should do well until late 2027 or first half of 2028. Market's extended, plus expects some sort of negative catalyst in the next couple of weeks. Wouldn't be surprised by a pullback. Big support…

Opinion about MS-N: He bought it. The debt-to-equity ratio is a little better than GS, so he prefers MS. Owns both.

Opinion about TD-T: TD's been the best over his career. US issue hit hard. Canadian business is solid and extremely well run. Can't expand the US business, but can upgrade it, so he's not too concerned. Still a large holding, but he's been selling it down and putting profits into BNS.

Opinion about V-N: Global leader, few competitors. Stock's come down to 200-day MA, which is always a good time to dip back in (and he did). He's held this name since 2016, adding when down and trimming when frothy. Revenue for 2026 expected to exceed $44B. Really consistent, very steady growth. Around 13-15% compounded earnings…

Opinion about BNS-T: Please see the previous response to Royal Bank for general banking comments. BNS is more internationally focused than the other banks and has a Latin America focus which is increasing from a an economic standpoint. It has a good yield and will do well long term along with other banks.

Opinion about IFC-T: Impressive management. The entire space is subject to the unpredictability of catastrophic losses. But this company has done great, able to manage all the risks. Post-pandemic inflationary environment helped (replacement costs went up, so premiums did too). Recent results were fine, but stock dropped. Could have just exhausted itself for now. May have…

Opinion about RY-T: Banks in general have performed quite well this year in spite of the pressure of 5 year mortgages coming due at higher interest rates. Banks are good for long term holds of 5 to 10 years or longer with increasing dividends and capital appreciation. Royal Bank is the biggest.

Opinion about CM-T: Great performer. CEO retiring. Pretty good momentum. Likes the path they're on, brand has been revived. Question on Canadian consumer and credit, along with upcoming mortgage renewals. Cautious on all banks. Wait for a better entry point.

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.