Worth reconsidering..After holding it for a very very long time I closed my position, out of frustration, back in Feb around $66.
At $ 61/$62, I must admit it is starting to be tempting. Must be my OCD gnawing, for not owning ALL the banks.
Macro environment seems to be schizoid: if the much ballyhooed recession becomes serious, s/p could go lower. On the flip side, the impending interest rate decisions from both the Fed and the BoC will be favourable to all the banks.
Not to mention the attractive dividend.
For decades what made BNS a standout was its international exposure....until some of it went sour.
Mgmt, imo, wasn't nimble enough to correct.
I am prepared to give the new team some time to make their US refocus prove itself.
Cheers.