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Non-Tech : Canadian vs. US Banks--Better PE and rising C$

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To: marcos who wrote (3)3/16/1997 10:06:00 PM
From: Steve Bevington   of 230
 
Hi Marcos, good to see that someone else checks in here once in a while. I agree with you that the banks are definetely a great place to be over the long term, but I am concerned about their outlook over the next few months. I don't know about Midland, but some analysts have recently begun to downgrade ratings from buy to hold, in some cases even sell for TD in the short term. I personally feel that National has some potential due to its low PE and high yield relative to the Big 5. The Quebec question seems to be ever quieter as well. I must admit I don't follow DJN.A, tell me a bit about it if you don't mind...
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