Canada Markets closed

Royal Bank of Canada (RY)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
118.79+1.46 (+1.24%)
At close: 04:00PM EST
118.79 0.00 (0.00%)
After hours: 07:54PM EST
Sign in to post a message.
  • A
    Austin
    I was able to earn over 34,000$ weekly.. with an investment of 6000$ it been so amazing trading and investing with Alan Morris platform,you can contact him via Wh✅at✅sa✅ +1 (202) 609‑0072 or Te ✅le @alanmorris2
  • P
    PROFITFISHING
    Ok traders, were your knees knocking some this morning? Seeing the big drop in JP Morgan and citi, thinking a pullback may be here. Love the cdn banks. When a sector is in favor, ride it till a catalyst or a rotation occurs. We are in the last few innings of the cycle and financials are where you want to be till the next cycle starts. Most stocks have had 70-100+% runs since January 2020 before the crash. Banks didn’t see that huge jump….. yet. RY was 110 us in January 2020 it’s 147 today with a p/e of 13. Lots of room to run. With interest rates rising, spreads steepening, people renewing mortgages to lock in rates, credit card debt is climbing again as the free stimulus money has dried up and the banks flush with cash for dividends, share buybacks and or acquisitions, banks are where you want to be. Sit back and enjoy the ride. My choices are CM or RY as RY is biggest and has most cash and CM is mostly cdn based and cdns will eat cat food or starve before they miss a mortgage payment.
    $RY $CM $BNS $BMO $TD
  • P
    P
    I bought 20 more shares Dec 1st, and they are up over 18% now. This is crazy.

    Hope it doesn't crash hard later as interest rates level off!
  • P
    PROFITFISHING
    10 year at 1.793. Another chance to hold above 1.80. All great for banks. Especially if the 2-10 year spread widens. The 2 year has climbed faster than the 10 over Thursday and Friday so once trading starts in Europe tonight there is a good shot we see 1.81-2. IMO
  • J
    Joe
    Now up nearly 100% in all three Canada banks bought during the Covid crash-- BMO, RY, and TD. BMO is already up 120%. My reasoning was simple.. the Canadian banks did so well compared to all other nation's banks during the GR- a banking caused recession- they should recover quicker after Covid crash. All that and rock solid, great yield, yearly increasing divs.. works for me in my ERIDP port.
  • T
    Tusko
    Why is Royal Bank increasing so aggressively? Everyone loading up their TFSA and RRSPs? It is outperforming the index by 1% on no news.
  • M
    Money
    I know of a few people who only held/hold only banks in their portfolio. The longer I live, the more I think they are right.....
    One chap bought only one stock for 40 years, retired quite wealthy. The stock.. RY .
    I have always been overweight banks, but with time, adding in selloffs and dripping they make up 25% of my worth. GL and don't sell, or live to regret it.
  • L
    Lance
    Up and Up she goes.. where he stops? well over 160.
  • Y
    Yahoo Finance Insights
    RY.TO reached an all time high at 148.78
  • C
    Chris
    Sooo cheap on a P/E basis and firing on all cylinders in this inflationary rate-rising environment!
  • E
    Evan Tanner
    Don’t be surprised if they announce a 3:1 stock split soon!
  • X
    XDSL
    RY + FOBIF + VSBGF + AABB/ Aabbg New Global Gold-backed crypto + XDSL New EV charging tech + GULTU
  • J
    J
    Hamidreza? Still out there? Waiting for a crash?
  • L
    Luke
    The time to short will be very soon
  • M
    Mike
    Getting into the blow off top zone...
  • J
    John # 2
    Only wishing I bought even more now in March 2020 😎
  • J
    J
    Now I’m all in
  • J
    J
    If there’s any business that knows how to ride the waves of economies, it’s the banks. Well maybe not Bears Stearns but nothing is immune. Royal should be fine. Hopefully the Canadian housing market doesn’t implode
  • M
    Money
    Current yield 3.6%. This chart shows the bands of avg high and avg low yields for past 25 years. We are still in the sweet spot of price based on yield.
    https://dividendgrowthinvestingandretirement.com/wp-content/uploads/2021/04/Royal-Bank-of-Canada-RY-25-Year-Yield-Chart-1996-2020-High-Low-Dividend-Yields-5-Highest-Yields.png
  • L
    Lance
    That is one heck of a green candle on the 5 year graph. The market is signaling a pretty serious change in sentiment about banks at the very least.