Bank of Nova Scotia T.BNS

Price action BNS

[Botero789]

It struggled a little to go over $70, but today easily pushed past $71 (intraday)! The market is telling the analysts their targets are too low, and that this is an undervalued mispriced asset! It will continue to do well as long as we hit a soft landing and not some kind of significant recession! Of course it's new strategic direction also needs to translate into continued improvement in earnings in the coming quarters! GLTA!!

[FiddyFiddyShot]

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[Botero789]

It's irrelevant to me I own both of them! But I firmly believe there is a greater runway of price appreciation with BNS than CIBC! CIBC in my view is at or approaching fair value! I do not see this to be the case with BNS which is in the early stages of a strategic shift in direction. No guarantees but I like the new strategic direction of BNS and despite prevalent views, they have many

[FiddyFiddyShot]

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