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2 Undervalued Canadian Bank Stocks to Buy Now

2 Undervalued Canadian Bank Stocks to Buy Now

現在買入的2家被低估的加拿大銀行股票
The Motley Fool ·  09/23 16:50

It's about time that Canadian investors gave the big bank stocks some love, especially now that the TSX Index is ready to make higher highs. With the Bank of Canada a friend of investors once again, questions linger as to how the big bank stocks will proceed.

現在是加拿大投資者愛上大型銀行股的時候了,尤其是現在多倫多證券交易所指數已準備好創出更高的高點。隨着加拿大銀行再次成爲投資者的朋友,關於大型銀行股票將如何走勢的問題依然存在。

Though not all banks have what it takes to finish the year with a bang, I view some of the underperformers as worth additions to a portfolio seeking above-average results. Indeed, picking the dogs of the basket is seldom a market-beating strategy. However, Canadian banks are built differently.

儘管並非所有銀行都有能力在今年年底大放異彩,但我認爲,一些表現不佳的銀行值得增加投資組合,尋求高於平均水平的業績。事實上,挑選籃子裏的狗很少是一種超越市場的策略。但是,加拿大銀行的結構有所不同。

They can persevere through good times and bad. And while a recession can never be 100% ruled out, I believe that the risk/reward scenario on some of the lagging names hasn't been this good in a number of years. Additionally, with dividend yields still on the swollen side, I think there's never been a better time for retirees or income investors to give the top bank stocks a bit of a second look.

他們可以堅持不懈地度過好時光和壞時光。儘管不可能百分之百地排除經濟衰退,但我相信一些落後的公司的風險/回報情景多年來一直沒有這麼好。此外,由於股息收益率仍處於膨脹狀態,我認爲現在是退休人員或收益投資者重新審視頂級銀行股的最佳時機。

So, without further ado, consider my top two favourite Canadian bank stocks to bank on in the final quarter of 2024 and the first quarter of 2025.

因此,事不宜遲,考慮一下我在2024年最後一個季度和2025年第一季度最值得信賴的兩隻加拿大銀行股。

TD Bank

道明銀行

I was right to pound the table on shares of TD Bank (TSX:TD) just a few weeks ago before they suddenly ricocheted off their multi-year lows. And I'm not quite ready to turn any less bullish on the stock—not while it's still well behind the leaders in the banking pack.

就在幾周前,道明銀行(多倫多證券交易所股票代碼:TD)的股票突然從多年低點反彈,我說得對。而且我還沒準備好降低對該股的看漲態度——在它仍然遠遠落後於銀行股中的領導者時也是如此。

Arguably, the main reason for preferring the other five Canadian banks has been TD's money-laundering woes. They've been a huge overhang, but as time goes on, I think investors will begin to forget and learn to forgive as they focus on the path ahead rather than the rough road behind them.

可以說,偏愛其他五家加拿大銀行的主要原因是道明的洗錢困境。它們一直是一個巨大的懸而未決的問題,但隨着時間的推移,我認爲投資者將開始忘記並學會寬恕,因爲他們專注於前進的道路,而不是背後的艱難道路。

Indeed, the road ahead looks very bright for TD as it embarks on a journey with a new captain aboard the ship. In a prior piece, I praised TD for naming Raymond Chun, 55, as Bharat Masrani's successor. He's a fantastic choice and one that I believe could help TD outpace the rest of the peer group over the next 18 months. As other such changes are made to management while TD positions itself for the next chapter, I wouldn't sleep on the stock.

事實上,對於TD來說,前進的道路看起來非常光明,因爲TD與新船長一起踏上了旅程。在之前的一篇文章中,我讚揚道明任命55歲的雷蒙德·春爲巴拉特·馬斯拉尼的繼任者。他是一個不錯的選擇,我相信他可以幫助道明在未來18個月內超越其他同行。在道明爲下一章做好準備的同時,還對管理層進行了其他類似的調整,所以我不會在股票上睡覺。

Bank of Nova Scotia

新斯科舍銀行

Bank of Nova Scotia (TSX:BNS) is another bank that's been inching higher in recent sessions. It's been a straight lineup over the past month, with BNS shares surging more than 13% over the timespan. Though the dividend yield has compressed to 5.89%, I'd argue that the combination of share momentum and the still-elevated yield make the stock a timely option for those seeking appreciation and passive income.

新斯科舍銀行(多倫多證券交易所股票代碼:BNS)是另一家在最近幾個交易日小幅上漲的銀行。在過去的一個月裏,BNS的股價連續上漲了13%以上。儘管股息收益率已壓縮至5.89%,但我認爲,股票勢頭和仍然較高的收益率相結合,使該股成爲尋求升值和被動收入的人的及時選擇。

The stock is also dirt cheap at 12.85 times trailing price-to-earnings (P/E). And with the Bank of Nova Scotia setting its sights on the U.S. market for growth, I'd argue that the internationally diversified bank is about to become that much growthier. In any case, the stock's looking up and is worth a buy as it tests $75 per share in the coming weeks.

該股也非常便宜,爲追蹤市盈率(P/E)的12.85倍。隨着新斯科舍銀行將目光投向美國市場以尋求增長,我認爲這家國際多元化銀行將變得更加增長。無論如何,該股正在上漲,值得買入,因爲它將在未來幾周內測試每股75美元。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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