Today, Peter Brieger commented about whether CPG-T, IPL-T, TD-T, CP-T, GE-N, PWF-T, MRE-T, TA-T, FTS-T, GIB.A-T, HR.UN-T, BBD.B-T, CNR-T, TTEK-Q, TD-T, AGU-T, CEF.A-T, SGN-X, SCL-T, SPM-T, POT-T, MFC-T, AX.UN-T, CFP-T are stocks to buy or sell.
Best of breed. Improving growth rates in North America will benefit them. CEO made the point there will be potential acquisitions in the credit card area and would increase customers and would give the ability to cross sell. If rates start to go up, net interest margins will go up and will benefit them.
A great story and a great way to play the continuing growth in North America. It is fully priced. Would buy at $53-$55.