Royal Bank Of Canada (TSX:RY) & Bank Of Montreal: 2 Bluechip Stocks

• January 09, 2021 06:38 AM EST
• Team Kalkine

Stocks of Hut 8 Mining Corp (TSX: HUT) jumped over 60 per cent on Friday, January 8. As bitcoin soared more than 6 per cent to nearly US$ 42,000. The bitcoin miner also opened a BTC Yield Account in collaboration with Genesis Global Capital, a digit...

• January 07, 2021 03:25 AM EST
• Team Kalkine

Stocks of special purpose acquisition company (SPAC) Northern Genesis Acquisition Corp (NYSE:NGA, NGA:US) have been rallying for a while now in the wake of the latest SEC filing released by Lion Electric Co last week (December 31). The big news in t...

• January 06, 2021 09:40 AM EST
• Kunal Sawhney

Summary Toronto-Dominion stocks are up 14 per cent in the last three months. The bank is also paying quarterly dividends consistently. Bank of Nova Scotia units have swelled 20 per cent in the same period. The stock holds a positive return on e...

• December 23, 2020 09:47 AM EST
• Hina Chowdhary

Digital financial firm Mogo Inc. (TSX: MOGO) Wednesday announced that it intends to buy up to C$ 1.5 million bitcoin in an initial corporate investment. The fintech firm is expected to make further investments in 2021, as it monetizes its existing C$...

• December 22, 2020 06:45 AM EST
• Hina Chowdhary

Summary Bank of Nova Scotia scrips have soared 25 per cent in the last three months. The blue-chip stock has a positive return on equity (ROE) of 10.11 per cent. Toronto-Dominion stocks have increased by 17 per cent in the same period. The stoc...

• December 18, 2020 11:43 AM EST
• Team Kalkine

In yet another milestone, Bitcoin (USD) zoomed past US$ 23,000-mark for the first time in its history on Thursday, December 17. Calendar 2020 has been a gala year for this digital currency, which is up over 220 per cent year-to-date. Soon after the n...

• December 18, 2020 09:57 AM EST
• Kunal Sawhney

Summary The two banking stocks have returned over 9 per cent in the last three months. Royal Bank of Canada is paying a quarterly cash dividend of C$ 1.08 and currently yields 4.137 per cent. Canadian Imperial Bank of Commerce is offering a qu...

• December 15, 2020 09:06 AM EST
• Hina Chowdhary

Summary Both the lenders’ stocks are trending among major the TMX’s stocklists following their gains in the last 30 days. Both banking stocks have delivered double-digit growth in the last one month. TD pays a quarterly cash divide...

• December 13, 2020 12:12 AM EST
• Team Kalkine

Global stock markets went through unprecedented times as the COVID-19 pandemic outbroke in March 2020. The S&P/TSX Financial Index tumbled sharply by nearly 40 per cent between February and March. The central bank was left in limbo to weigh the u...

• December 09, 2020 12:15 AM EST
• Team Kalkine

Summary TD offered diluted earnings per share of C$ 6.43 for fiscal 2020 versus C$ 6.25 for fiscal 2019. BMO delivered earnings per share of C$ 7.55 in FY20, against C$ 8.66 in FY19. RY posted a diluted EPS of C$ 7.82 in the financial year 202...