Canadian Imperial Bank of Commerce (USA) (NYSE:CM)

CAPS Rating: 3 out of 5

A diversified financial institution, offering a range of financial products and services to clients in Canada. It has two strategic business lines: CIBC Retail Markets and CIBC World Markets.

Recs

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Player Avatar stocky5 (36.56) Submitted: 2/28/2013 1:02:15 PM : Outperform Start Price: $77.68 CM Score: -5.27

Oversold and undervalued. Thomsom/First Call Price Target is $96.06. Dividend is attractive, yielding over 4%. Canadian banking industry is more stable than the U.S. banking industry. Excellent long term holding.

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