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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (131656)	11/2/2022 2:35:37 PM
From: Goose94	Read Replies (1) of 202164

Royal Bank of Canada (RY-T) top pick from Michael Sprung on BNN.ca Market Call Wednesday November 2nd @ 1200ET The Royal Bank is Canada's largest bank by market capitalization with dominant domestic banking, insurance, wealth operations and global capital markets businesses. It is a G-SIB universal bank with a scale that is advantageous in mass-market banking. Management is intent on maintaining its lead and improving market share by investing heavily in technology and its distribution network. Investment is also being directed toward retail growth in the United States. As these investments payoff, the bank should benefit from positive operating leverage leading to greater profitability and future dividend increases. The bank has paid a dividend every year since 1870. At current levels, the stock yields 4.1 per cent. Last Purchase: October 27, 2022 $125.00

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