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Canadian Imperial Bank of Commerce T.CM

Alternate Symbol(s):  CM | T.CM.P.O | T.CM.P.P | T.CM.P.Q | T.CM.P.S | T.CM.P.Y

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has 13million personal banking, business, public sector and institutional clients. Across personal and business banking, commercial banking and wealth management, and capital markets businesses, the Company offers a full range of advice, solutions and services through its digital banking network and locations across Canada, with offices in the United States and around the world. Its personal banking offers products and services, including bank accounts, credit cards, mortgages, lending, investments, insurance, ways to bank and smart advice. Its business banking products and services include accounts, credit cards, borrowing, investing, cash management, smart business advice and healthcare. It also offers various business solution, including Managing Cash Flow, Financing Your Business and Day-to-Day Banking.


TSX:CM - Post by User

Post by joebravoon Sep 13, 2023 9:26am
227 Views
Post# 35633446

Canadian Banks Long Term Stability

Canadian Banks Long Term StabilityIf you're looking at trading, the volatility is there, but if you're looking for long term investment, Canadian Banks offer great stability and growth long term.

If you look at the charts, CM is ideal for chartists.  There are gaps to be filled, and this is a buying opportunity which in 2 years, when CIBC is again trading closer to $80, you will be saying thank you to those who sold you their shares at $54.  

All this while receiving a very nice, stable dividend.
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