The Bank of Nova Scotia (USA) (NYSE:BNS)

S&P 4 STAR

S&P Fair Value Rank is 4-

Fair Value Calculation is $63.90

12-Mo. Target Price is $64

S&P Quality Ranking is A

Relative Strength Rank is 29

slow and steady earner. Canadian banks tend to be a bit more conservative as well. great dividend to boot. don't look for outperformance before the five year mark but should be a very long term winner.

Following JPM to higher profits on its silver short position.

Buymore on dips and hold + great play for international diversification + nice dividend + growth + safety

With an EPS of $5.22 and an EPS growth rate of 7.84%, BETA of 0,73, you get a risk adjusted discount rate of 8.37%. Using these numbers, I calculate a share price that could rise to $107.21 per share. Currently trading at $58.67... Worth 1/3 down right here, right now.

Additionally, the shares will benefit from currency exchange rates: investors in the U.S. will get price appreciation as the Canadian dollar strengthens against the US dollar both in the dividend and share price.

Latin America

Strong Canadian Bank

Mostly stable dividend, canadian bank that shouldn't be too involved in Europe or American mortgage troubles. Probably make 1%, but I dunno about buying near 52 week highs.

no risk here, Canadian banks didn't gamble with customers money....darn regulations getting in the way of "free market"

no one likes banks now. look at BNS good balance sheet and 4% divided

Market growth, strong and stable history, and constant global expansion will continue to make this a stable and long-term investment.

Canadian banking space relatively safe and conservative, attractive global growth prospects, strong returns on capital, attractive dividend. What's not to like?

i had a -10% stop....

I like this bank primarily for it's international business and as an indirect play in Latin American markets (like Colombia and Uruguay) that don't have very many ADR options for direct investment choices. Picking near it's 52 week high is a little worrisome for me but it seems to have some decent momentum behind it, so hopefully that won't be too big a deal over the long term.

great bank

It deals in Precious Metals.{in away it is supported by gold,silver.etcetera}

Plays buy hard canadian banking rules,lost nothing to subprime slime,nice dividend.Expanding globaly

Canadian banks have been shaken up less than most by all the global banking fun and games. Of the Canadian banks, ScotiaBank is my favourite. And it's price looks a bit low right now.

Bearish on all Canadian Banks