RBC Stock Dipping

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Hi, recently RBC stocks have taken a downturn. Can tell me why? I plan to hold on to my stock and plan to add. Advisable?
I look forward to your feedback. Thanks

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Asked on March 22, 2025 9:00 am
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Hey there. Probably the best answer I have for this is the valuation. I sent a newsletter out at the end of the year highlighting how I trimmed my RBC position because it was trading at 15+ year highs in terms of overall valuation.

The natural ebbs and flows of the market in my opinion. Nothing concerning, but Royal ran up a bit too much in price and is now normalizing a bit. It is still a long-term hold for me, zero intentions to ever sell.

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Posted by Dan Kent
Answered on March 24, 2025 7:53 am
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