Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) is a terrific Canadian bank that is a great way to capitalize on growth coming from the emerging markets. The company reported strong Q4 2016 results, and that could be the start of a sustained rally to higher levels. There’s a huge amount of momentum coming from the international segment which will provide the company a nice boost to earnings.
Although the company soared a whopping a 38.8% last year, I still believe there’s plenty of room to run given the large amount of catalysts that may propel the stock higher in 2017. Read More…
Why am i the only one who didn’t get into BNS early. Wow, 39% since last year is remarkable. 🙁
And here i thought Bank of Nova Scotia was a tiny bank being pushed out by the big boys of TD and RBC.
Was considering them a few years back but got cold feet because of some management decisions. Apparently i was wrong. I really should add them though.
I was thinking the same about international emerging markets with TSX:BNS. My only concern is how the US president will muck up things for us. That is where the volatility lies. I am still keep it diversified even more so at this point.
Although i see it growing still in 2017, i think its about to peak and i predict about 20% this year. Still very impressive but 2017 will be its final great year in growth before it settles down with single-digit growth.
Hmmm. Might not be a great pick now that everyone knows about it, no?
3.75% yield. Impressive. So what’s the catch?