| StockChase

View Opinion

Stock SymbolCanadian Imperial Bank of Commerce (CM-T)
Source of InformationMarket Call Tonight (BNN TV)
T.V. Program Date2017-04-20
Opinion

From a valuation metric, this would look like a certain Buy. It has the cheapest valuation for a bank. Trading at 11.5X earnings. High dividend yield of about 7.5%. In the last 8 quarters, they have beaten on earnings and on revenue. There is the acquisition of the US bank which they had to pay up for. They are going to have to issue equity, which may cause some near-term weakness. Also, it is the least geographical diverse Canadian bank and is the most reliant on the Canadian consumer.

Price (as of program date)$112.540
Implied Signal
$ Goal
ExpertLorne Zeiler
T.V. Program TopicDIVIDEND STOCKS AND MACRO STRATEGIES
Expert's BiasUNKNOWN
Own or RelationshipUnknown