Financial Stocks

CM and BNS falling amid selloff: Time to buy and hold TSX bank stocks?

 CM and BNS falling amid selloff: Time to buy and hold TSX bank stocks?

Though TSX bank stocks, including Canadian Imperial (TSX: CM) and Bank of Nova Scotia (TSX: BNS), have recently fallen to their 52-week low and are facing sell-off, these could be an explorable option for long term

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National Bank (NA) ends Big 6 earnings season with Q2 profit. Buy call?

National Bank (NA) ends Big 6 earnings season with Q2 profit. Buy call?

Highlights National Bank of Canada (TSX: NA) reported net profit growth of 11 per cent in Q2 FY2022 compared to Q2 2021. It also expanded its dividend by six per cent, scheduled for August 1. The C$ 32-billion market cap company reported a net...

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RY, TD & CM stocks fly after Q2 results: Which TSX bank stock to buy?

RY, TD & CM stocks fly after Q2 results: Which TSX bank stock to buy?

Highlights Royal Bank of Canada (TSX: RY), Toronto-Dominion Bank (TSX: TD) and Canadian Imperial Bank of Commerce (TSX: CM) have released their Q2 2022 results. Royal Bank of Canada said that its net earnings jumped six per cent in Q2 FY2022 co...

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BNS & BMO post Q2 profit surge, raise dividend: TSX banks stocks to buy

BNS & BMO post Q2 profit surge, raise dividend: TSX banks stocks to buy

Highlights Bank of Nova Scotia (TSX: BNS) and Bank of Montreal (TSX: BMO) posted their Q2 FY2022 results on May 25. Bank of Nova Scotia reported total revenue of C$ 7.94 billion in the latest quarter compared to C$ 7.73 billion a year ago BMO ...

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Hive Blockchain’s 5-to-1 share consolidation in effect. A buy alert?

Hive Blockchain’s 5-to-1 share consolidation in effect. A buy alert?

Hive Blockchain Technologies Ltd (TSXV: HIVE) has been trending on the stock markets as the crypto miner announced its 5-to-1 share consolidation goes into effect on Tuesday, May 24, proposed earlier this month on May 10. Hive Blockchain believes ...

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RY, BNS & CM: 3 TSX bank stocks to buy as consumer confidence tumbles

RY, BNS & CM: 3 TSX bank stocks to buy as consumer confidence tumbles

The Global Consumer Confidence Index tumbled to 47.6 points in May 2022, according to the Ipsos survey results dated May 19, 2022. This index is calculated by finding the average of all the national indexes of the countries involved in the survey. ...

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MFC, CIX, SLF: TSX non-bank financial stocks to beat rising inflation

MFC, CIX, SLF: TSX non-bank financial stocks to beat rising inflation

Canada saw inflation rise higher in April, with consumer prices surging by 6.8 per cent year-over-year, Statistics Canada reported on Wednesday, May 18. Some TSX financial stocks like Manulife Financial (TSX: MFC), CI Financial (TSX: CIX) and Sun L...

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RY, BNS, TD, CM & BMO: Bag these 5 TSX big bank stocks on the dip

RY, BNS, TD, CM & BMO: Bag these 5 TSX big bank stocks on the dip

On Monday, May 9, the TSX Composite Index fell 3.07 per cent to under 20,000 points. The benchmark index is now about six per cent in the red year-to-date (YTD) and about nine per cent down quarter-to-date. Considering its all-time high of 22,213....

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GLXY, HIVE, HUT, BITF & VOYG: Canadian crypto stocks to buy on the dip

GLXY, HIVE, HUT, BITF & VOYG: Canadian crypto stocks to buy on the dip

The cryptocurrency market has crashed significantly, and prices of almost all the cryptocurrencies were in the red on Tuesday, May 10. The world's oldest cryptocurrency, Bitcoin, slumped below US$ 30,000 for the first time since July 2021 on Tuesda...

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MFC, SLF, IFC, GWO & FFH: TSX financial stocks to buy if BoC ups rates

MFC, SLF, IFC, GWO & FFH: TSX financial stocks to buy if BoC ups rates

Highlights The US central bank said it hiked the benchmark rate by 0.5 per cent, the most significant hike in more than two decades. The stock of Manulife Financial Corporation is volume active, and 11.2 million MFC shares were traded during th...

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RY, TD, BNS, BMO & CM: 5 TSX bank stocks as equity markets turn bearish

RY, TD, BNS, BMO & CM: 5 TSX bank stocks as equity markets turn bearish

market cap World over, indices seem to be going through a very bearish phase. The S&P 500 is down 13 per cent year-to-date (YTD). The Dow is down dearly 10 per cent. In comparison, the TSX Composite Index has weathered this year much bette...

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