Investing

This Incredible Dividend Stock Could Be Your Ticket to Financial Freedom

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…

Replies to this Post

  1. Vaughn H. says:

    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.

  2. Drayden says:

    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.

  3. Indiana D says:

    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.

  4. Donovan Workman says:

    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.

  5. Greyson says:

    Hmmm. Might not be a great pick now that everyone knows about it, no?

  6. Osvaldo K says:

    3.75% yield. Impressive. So what’s the catch?

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