Bullboard - Stock Discussion Forum Bank of Montreal FNGU

Primary Symbol: T.BMO Alternate Symbol(s): BMO | T.BMO.PR.W | T.BMO.PR.Y | FNGO | T.BMO.PR.E | FNGD | CARD | CARU | N.ZUEA | N.ZEBA | N.ZOCT | N.BGDV

Bank of Montreal (BMO) is a Canada-based company, which offers a wide range of personal banking services. The Company is engaged in providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to customers across Canada, the United States, and in select markets globally. The Company offers services, such as bank... see more

TSX:BMO - Post Discussion

Bank of Montreal > Paul Harris - BNN - BUY ON WEAKNESS

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Post by Possibleidiot01 on Sep 03, 2024 8:17pm

Paul Harris - BNN - BUY ON WEAKNESS

BUY ON WEAKNESS

Their problem is their loan-loss provision which increased a lot more than their peers. But there are no capital issues. You can buy on this pullback. Remember that banks understand their loan book much better than 20-30 years ago; if these provisions are not used, they go back into earnings. Buy it now; it's at book value.

banks

$111.280