Bank of Nova Scotia BNS

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[zack50]

Yes, Brian Porter's tenure as CEO of Scotiabank did face some scrutiny, especially towards the end. The bank's share price and earnings were under pressure, partly due to its significant

[TimeBuilder1]

;>O

[Botero789]

Thank you for the additional detail, appreciate it. It will be interesting to see what happens in the next earnings release as well as in 2025. It takes a while to shift these massive banks in a new

[zack50]

In response to your request for clarification... hope this is of some assistance. Brian Morton upgraded BNS to "Equal Weight" from "Underweight" with a price target of C$81, up

[zack50]

  Barclays’ Brian Morrison expects fourth-quarter earnings for Canadian banks to “see seasonal headwinds, and the impact from lower rates though asset management should help fee revenue.” In

[nedstar71]

Short term, as in one day, my swap appears to have been a mistake lol.

[Botero789]

Haha! No I don't think a warped mind. TD has Preannounced a new CEO starting in April 2025 and has increased their corporate governance on money laundering risks. So it's only a matter of time

[Botero789]

You are exactly right the analysts and also a couple BNN guests were initially somewhat critical (at least not positive), on the minority stake BNS acquired in US based KeyCorp bank. now they seem to

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[Puma1back]

Agree on your calls on BNS, surprising how the analysts trashed the stock the first weeks after the US deal but now they love it. anyway, we do need to remember that only the retail side of TD usa

[nedstar71]

Yes it will be interesting to see how it plays out.  I don't expect to make great gains in either situation, just felt like BNS has run quite hard and I timed my buy at just over $61 a few

[Botero789]

Interesting strategy. In my opinion TD will not move a lot in the short term. US regulators have put it in the penalty box and built a fence around it with a much tighter regulatory framework in terms

[nedstar71]

Amazing this is now above TD in share price.  How the great have fallen.  Hated to do it but I did the switch from this to TD today and pocketed some change.  Dividends are now

[TimeBuilder1]

.

[zack50]

From the Globe & Mail today... Seeing valuations for Canadian banks as “full” heading into fourth-quarter earnings season in the secror, Canaccord Genuity analyst Matthew Lee thinks “the next

[Botero789]

I posted on BNS September 20th indicating the "BNS train had already left the station", and that analysts were not fairly evaluating the stock. Now we are seeing more reasonable valuations