Citi Citi strategist Chris Montagu manages a World Radar stock screen methodology combining valuation and momentum in terms of stock price, earnings and cash flow growth.
Canadian bank stocks dominate the list of stocks that have moved into the top decile of MSCI World index members that have jumped into the first decile of attractiveness by Citi’s criteria.
Royal Bank of Canada and Toronto-Dominion Bank benefited from attractive relative valuation, while Bank of Nova Scotia and National Bank of Canada climbed into the top decile thanks primarily to relative stock price momentum.