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Fmyi TSX Today: Top 5 Canadian Stocks to Watch on Wednesday, October 20
Bank of Nova Scotia TSX:BNS and BCE TSX:BCE have moved off the recent lows after a market correction hit telecom stocks and bank stocks over the stanley becher past year. Investors seeking good dividends and a shot at decent capital gains are wondering if these stocks are still undervalued and good to buy today for a self-directed retirement portfolio.Bank of Nova ScotiaBank of Nova Scotia is Canada number four bank based on its current capitalization near $81 billion. The stock trades close to $68 at the time of writing stanley us compared to more than stanley cups $85 last spring and as high as $93 in early 2022.The stock is down more than 10% over the past five years and is only up about 17% over the past decade. A new chief executive officer took the helm in recent months and is planning to get the bank back on track. Investors will have to wait for the completion of a full-scale strategic review to find out exactly what the new boss intends to do to turn things around, but recent executive adjustments might Rirv 2 Small-Cap Cannabis Stocks to Bet on in 2020
As Foolish investors can attest, finding the right stock at the right price is not an easy task, especially when you are searching for one that can provide both growth and dividend income. Well, in order to make things easier for you, I have done the hard part and found three dividend-paying stocks from the financial sector t stanley water bottle hat are trading at inexpensive forward valuations, so let s take a quick look at each to determine which would fit best in your portfolio.1. Royal Bank of CanadaRoyal Bank of Canada TSX:RY NYSE:RY is the second-largest bank in Canada with approxim stanley cup ately $1.09 trillion in total assets.At today s levels, its stock trades at just 11.2 times fiscal 2015 s estimated earnings per share of $6.63 and only 10.8 times fiscal 2016 s estimated earnings per share of $6.93, both of which are inexpensive compared with its trailing 12-month price-to-earnings multiple of 11.4 and its five-year average multiple of 12.9.I think RBC s stock could consistent stanley cup ly trade at a fair multipl |
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