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

taimura (80.58) Submitted: 2/25/2007 2:32:37 AM : Start Price: $36.10 BNS Score: +40.94

great bank, diversified outside Canada into growth markets

feliksrenee (< 20) Submitted: 2/11/2007 2:27:59 PM : Start Price: $35.48 BNS Score: +42.06

Stock is undervalued and has a low PE rating

mschrissy (60.25) Submitted: 2/1/2007 9:16:18 PM : Start Price: $35.38 BNS Score: +43.00

great bank

ghibbert (< 20) Submitted: 1/26/2007 6:51:07 PM : Start Price: $35.38 BNS Score: +41.27

Great strategy and management

cabal2 (97.25) Submitted: 1/24/2007 12:57:41 PM : Start Price: $35.23 BNS Score: +42.67

This bank is the largest North of the border that has services in over 50 countries with a nice diversity of services. Not a bad dividend as well.

JeanDavid (72.25) Submitted: 1/4/2007 8:12:25 AM : Start Price: $35.44 BNS Score: +34.97

I happen to like this company. They are growing outside Canada. They just initiated another stock buyback for the coming year (2007): 20 million shares, or about 2% of the shares outstanding. I Infer confidence on the part of the board of directors.

paulhad (62.42) Submitted: 12/22/2006 3:22:56 PM : Start Price: $36.65 BNS Score: +35.72

Continuing excellent performance and value.

pflynn55 (78.81) Submitted: 12/17/2006 6:09:27 PM : Start Price: $36.95 BNS Score: +35.57

growth in canadian financial markets

TrendIsMyFriend (< 20) Submitted: 12/8/2006 12:12:54 PM : Start Price: $36.12 BNS Score: +38.02

A little bit of mixed results. It was speculative play so whenever I will get a chance to have this position in profit I will close it. The way I see it they might grow to 10% this yr so it's not worth it.

Vaquero12 (71.53) Submitted: 12/7/2006 3:49:57 PM : Start Price: $36.31 BNS Score: +37.23

bns has best exposure to developing latin america countries mexico as example.

JBouchard (99.17) Submitted: 12/7/2006 3:06:18 PM : Start Price: $36.34 BNS Score: +37.27

Instead of looking at the US market for expension in recent years, like some other Canadian banks have done, BNS has been establishing a stronger presence in so-called "emerging markets" like Latin America (in the Carabean, Mexico, Costa Rica, El Salvador, Chile) and Asia (China, India).

Good and consistent ROE at around 20%, EPS growth of 10%, and a dividend yield of 3%. The Canadian banking market is more regulated than the US one, so this provides a further moat against competitors.

Although I am not a customer of BNS (in Quebec, the banks take second place to Desjardins for personal financial services), I feel that its international strategy of focusing on Latin America and Asia instead of the US are a good edge against the future weakness of the US dollars, which I believe will continue for a long time, and a bet on the developping markets of Latin America. I am a bit less sure about the Asia exposure, but I believe the risk it represents is outweighted by the breadth of exposure internationally, and by the domestic market.

I started a DRIP on BNS this year, and plan on contributing to it for a long long time, so I decided I might as well put my mouth where my money is. :o)

jaygatsby49 (99.33) Submitted: 12/5/2006 5:35:14 PM : Start Price: $36.59 BNS Score: +36.04

Scotiabank is the most international of all the Canadian banks. They have concentrated virtually all thier global expansion in the western hemisphere with great success (save some issues in Argentina). Now they are slowly and cautiously looking to expand into Asia and I have no reason, given thier track record, to believe that they will be anything but successful.

JoSander (59.91) Submitted: 12/1/2006 12:13:53 PM : Start Price: $36.06 BNS Score: +37.14

Canadian Banks are different than US banks. They have a good home base in Canada. Canada is paying down its national debt and reducing its taxes. That is good for Canadian dollar, and is going to pull investors into Canada. Thus, more banking business.

senator281069 (83.10) Submitted: 11/19/2006 10:04:32 AM : Start Price: $36.98 BNS Score: +33.84

Great Cdn bank with excellent growth prospects due to its exposure to other strategic markets, including carribean and asia pacific

TimOleary (< 20) Submitted: 10/10/2006 1:24:06 PM : Start Price: $34.35 BNS Score: +40.28

Solid Bank