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Time To 'Buy' More Bank of Montreal

May 02, 2022 9:22 PM ETBank of Montreal (BMO), BMO:CA11 Comments


  • Banks, like many stocks, have been selling off steeply in the last few sessions of the stock market due to inflation and recession fears.
  • However, banks will most certainly benefit from a rising interest rate environment. Most financials will. That is why I am adding to financials.
  • BMO has dropped from above its average P/E valuation and now trades at a clear discount. Results show relatively less worries for the bank.
  • Here is why I'm at a "BUY" for BMO.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT on Alpha. Learn More »

The entrance to BMO Bank of Montreal in BAY and BLOOR Manulife Centre in downtown Toronto.

JHVEPhoto/iStock Editorial via Getty Images

I've written a few times about the Bank of Montreal (NYSE:BMO), one of the interesting, large Canadian banks. This is a bank that offers good yield, good security, and excellent overall returns.

We do

Bank of Montreal 1Q22 Results

Bank of Montreal 1Q22 Results (BMO IR)

BMO Impaired loans

BMO Impaired loans (BMO IR)

F.A.S.T graphs BMO Upside

F.A.S.T graphs BMO Upside (F.A.S.T Graphs)

The company discussed in this article is only one potential investment in the sector. Members of iREIT on Alpha get access to investment ideas with upsides that I view as significantly higher/better than this one. Consider subscribing and learning more here.

This article was written by

Wolf Report profile picture
Leader of iREIT on Alpha
The #1 Service For Safe and Reliable REIT Income

Mid-thirties DGI investor/senior analyst in private portfolio management/wealth management for a select number of clients. Invests in USA, Canada, Germany, Scandinavia, France, UK, BeNeLux. My aim is to only buy undervalued/fairly valued stocks and to be an authority on value investments as well as related topics.

I am a contributor for iREIT on Alpha as well as Dividend Kings here on Seeking Alpha and work as a Senior Research Analyst for Wide Moat Research LLC.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BMO, BNS, CM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment. Short-term trading, options trading/investment and futures trading are potentially extremely risky investment styles. They generally are not appropriate for someone with limited capital, limited investment experience, or a lack of understanding for the necessary risk tolerance involved. I own the European/Scandinavian tickers (not the ADRs) of all European/Scandinavian companies listed in my articles. I own the Canadian tickers of all Canadian stocks i write about. Please note that investing in European/Non-US stocks comes with withholding tax risks specific to the company's domicile as well as your personal situation. Investors should always consult a tax professional as to the overall impact of dividend witholding taxes and ways to mitigate these.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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