Canadian Imperial Bank of Commerce T.CM

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

Financial Services

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services. Its Canadian Personal and Business Banking provides personal and business clients across Canada with financial advice, services and solutions through banking centers, as well as mobile and online channels. Its Canadian Commercial Banking and Wealth Management provides relationship-oriented banking and wealth management services to middle-market companies, entrepreneurs, high-net-worth individuals and families across Canada, as well as asset management services to institutional investors.

TSX:CM - Post by User

Canadian Imperial Bank of Commerce

Bullboard Posts

Post by Tokatoon Apr 29, 2008 6:36pm

398 Views

Post# 15020971

CM on the Move Now!

CM has officially broken out of its slump. CM is way undervalued. Stock worth $90 given the Cdn earnings of $7/share. CM's dividend is safe. As time passes the huge earnings will help cushion the copany even more on potential write-downs - though I think they are largely finished.

Wachovia made a strong move today after Mike Mayo upgradd the stock because they have solid balance sheet now. WB up 20% fom its recent equity issue. CM should do at least that. 120% of $67.05 is $80.46.

Chart looks great!

Bullboard Posts

BMO evolves InvestorLine with enhanced tools for options trading