Have you reviewed Laurentian Bank?

Thoughts on Laurentian Bank? It hasnt recovered like many of the other Canadian banks – post spring 2020 crash. Undervalued?

Marked as spam

Asked on February 16, 2021 11:56 am

1 views

▲

✔

Private answer

The dividend cut hurt the company, and just overall underperformance compared to other Canadian financial institutions.

This was actually a former Bull List stock as a value play, one we ended up removing after the company continued to underperform.

Even though it is one of the cheapest right now, I have much more faith in the Big 5 and National Bank outperforming Laurentian.

Marked as spam

Posted by Dan Kent

Answered on February 16, 2021 12:21 pm