Wednesday, March 18, 2009
Dundee Capital: Long Insurance Cos & Short Banks
Financial Post, Jonathan Ratner, 18 March 2009Go long on Canadian insurance companies and short on banks. That�s the advice from Dundee Capital Markets stragetist Martin Roberge, who says this recommendation is mostly a valuation call.�With Canadian banks facing a technical roadblock, and lifecos deeply oversold and undervalued relative to banks, we believe the time has come to initiate a pair
Labels:
BMO,
CIBC,
Great-West,
Manulife,
National Bank,
RBC,
Scotiabank,
Sun Life,
TD Bank
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