Post by
Fritzy1 on Oct 26, 2022 2:03pm
Financial stocks.....,,
should likely be in all portfolios- CWB might be best in class at this point. Alberta may have strongest economy in Canada, may have safest housing market in Canada, lowest taxes in Canada and a very strong industrial base due to strength of oil and gas........seems there is ample room for CWB to have a nice rebound!!!!.........
Comment by
JWHIT2000 on Oct 26, 2022 2:38pm
30 year streak of increasing dividends P/E ratio around 6.25 yield of 5.35% slightly higher beta but that results in opportunities for capital appreciation I'm comfortable buying here :-)
Comment by
zforzebra on Oct 26, 2022 5:38pm
Okay, but I would still sell before earnings, in case, you missed something.
Comment by
JWHIT2000 on Oct 27, 2022 11:24am
Or... you buy in increments because nobody has a crystal ball to know when a bottom is in ;-)