Given the current banking situation in the US, is now a good time to buy and go long on any/all of the big five banks of Canada?
RBC Royal Bank (RY), TD, Scotiabank (BNS), BMO, CIBC (CM)
They all have been (unfairly?) punished lately given recent events. I'm interested due to the oligopolistic nature in Canada, their attractive rations, the continuity of the dividend payments, big cash reserves etc
Any thoughts?
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