Q: Hi. What do you think of the NA? I currently have small position. Ok to add more? or to sell
Thanks
Jovan
Thanks
Jovan
5i Research Answer:
There is lots of concern right now with Canadian banks, but NA is cheap at 11X earnings and offers a 3.64% dividend. The stock is down this year but up 27% over 52 weeks. There are always risks, but we would be quite comfortable as a HOLD.