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$42.64 -1.76 (-3.96%)
10/7/2008 12:01 PM

Royal Bank of Canada (USA) (RY)

CAPS Rating:
****

A diversified financial service company which provides personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis.

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Avatar Buffetism (45.81) Submitted: 7/22/08 3:18 PM : Outperform Start Price: $44.41 RY Score: 12.10

Wish I'd started this when they hit their recent low, which was caused by one of the US banks going bust. These guys are safe (safer than CM and BMO). They've been in the Mergents Dividend list for a while showing theyre a consistent dividend payer and raiser. Going long based on knowledge of the Canadian banking market.

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