Bank earnings: Money manager picks top bank for the quarter

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

With Canada’s big six banks in the midst of reporting their latest quarterly results, one analyst suggests the top bank has already reported.

With Canada’s big six banks in the midst of reporting their latest quarterly results, one money manager suggests the top bank has already reported.

But Tim Regan, managing director and portfolio manager at Kingwest and Company, is most bullish on TD Bank,“They’re very, very attractive,” he told BNN Bloomberg in a television interview. “People forget that, TD, because their deal didn’t go through in the States, they have all this cash to buy back stocks as well.”

“It’s a great company and we’re always prepared to hold for two or three years because we just don’t know what’s going to happen in the short term,” he said.Regan is not as bullish on some of the other banks.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 83. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Bank earnings: Analyst picks top bank for the quarterWith Canada’s big six banks in the midst of reporting their latest quarterly results, one analyst suggests the top bank has already reported.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »

National Australia Bank Set to Cut 10% of Market-Unit Jobs: AFRNational Australia Bank plans to cut about 10% of jobs at its markets division as early as this week, the Australian Financial Review’s Street Talk reported, citing unidentified people.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »