Q: Hi, what do you think of these names to take advantage of the pullback in the financial sector due to the SVB bust? Or would you just stick with JPM and BAC? I realize that not all these banks are exactly comparable. Thanks,
Jason
Jason
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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Bank of America Corporation (BAC)
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The Bank of New York Mellon Corporation (BK)
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JPMorgan Chase & Co. (JPM)
Q: Can you give me an opinion on how you would rank these three US Banks and how you determine that ranking and if you feel now is a good entry point for an initial position in any of them?
Thanks!
Thanks!
Q: Can you comment on BK earnings? Because it is a custodian bank (different model),do you consider it overlap to own both JPM and BK?
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Fifth Third Bancorp (FITB)
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The Bank of New York Mellon Corporation (BK)
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Solidion Technology Inc. (STI)
Q: Are either of FITB, BK, or STI at risk of cutting/cancelling their respective dividends? Also, can you rank the most prominent U.S. financial institutions in terms of the reliability of their dividends?
Q: I would like to add more of this company to my portfolio, I'm on the sidelines and waiting for another $1 or 2 lower for my entry point. With a currency as a risk, what is your thoughts on an entry position?
Q: Canadian Banc Corp is an Investment Corporation
that invests in a diversified portfolio consisting of six
Canadian Banks. Two types of shares are available, a
Class A (BK) and a Preferred (BK.PR.A).
I have had class A shares for a few years and am very pleased. It seems to good great dividend and capital gains . I see the very low liquidity as a big problem. I believe you are not supportive of the structure and the fund.
Would you reduce as it is 6% of holding with no other bank exposure? what other red flags would you look out for.
thanks
Yossi
that invests in a diversified portfolio consisting of six
Canadian Banks. Two types of shares are available, a
Class A (BK) and a Preferred (BK.PR.A).
I have had class A shares for a few years and am very pleased. It seems to good great dividend and capital gains . I see the very low liquidity as a big problem. I believe you are not supportive of the structure and the fund.
Would you reduce as it is 6% of holding with no other bank exposure? what other red flags would you look out for.
thanks
Yossi
Q: Hi Peter
Back on August 26, 2013 a question re. BK shares was asked and your comments showed that you had no attractiveness in this fund. Today the fund is going to change their distribution policy and increase the class A share distribution by 42%. Does this make BK more attractive now.
Back on August 26, 2013 a question re. BK shares was asked and your comments showed that you had no attractiveness in this fund. Today the fund is going to change their distribution policy and increase the class A share distribution by 42%. Does this make BK more attractive now.
Q: Hi Peter - could you please comment on BK and BK.Pr.A. vs. owing the six individual banks. BK currently has a yield around 7%.
Thanks.
Thanks.