There are a lot of things to like about
Bank of Montreal (NYSE:
BMO),
including its relatively solid credit quality, its strong dividend and
its willingness to look outside of Canadian retail and commercial
banking for future growth. What's not to like, though, is the relatively
stagnant near-term performance, the weakening credit metrics and the
weakening margins in both the American and Canadian operations. Although
Bank of Montreal looks undervalued on the basis of its likely future
returns on equity,
investors considering these shares ought to appreciate the relatively
bearish sentiment out there and be ready to wait to see value.
Continue here for more:
http://stocks.investopedia.com/stock-analysis/2012/Bank-Of-Montreal-Looking-Stuck-For-Now-BMO-BNS-TD-RY0528.aspx
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