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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (147134)7/10/2023 2:48:52 PM
From: Goose94Read Replies (1) | Respond to of 202428
 
National Bank of Canada (NA-T) top pick from David Baskin on BNN.ca Market Call Monday July 10th @ 1200ET

Despite the headwinds facing the Canadian banking sector, we think National should outperform in a recession. Over half of National’s portfolio is in Quebec, which has lower household leverage and less housing exposure than other provinces. National has a very strong balance sheet and has managed its funding prudently, which should allow for stable margins going forward. At just 10 times earnings and 4.2 per cent dividend yield, we think shares are attractively valued.