- CIBC is too cheap to ignore based on a discounted cash flow analysis which shows the bank is undervalued even under the low growth forecasts.
- When growth estimates are as low as they are for the fifth largest Canadian bank, it becomes a lot easier to produce an upside surprise.
- Investors can collect the dividend while waiting for the market to revalue this company.
Monday, July 31, 2017
Canadian Imperial Bank Of Commerce (NYSE: CM)
Read the Full Article HERE