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Analysts Cautiously Optimistic on Canadian Banks and Trade Stocks

6/10/2025

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Summary

Story summary

RBC analyst Darko Mihelic advises caution with Canadian bank profits, favoring CIBC and BMO.
Brian Belski anticipates a rally in Canadian trade stocks, linked to potential Canada/US trade deal discussions before G7 in June 2025.
Low earnings expectations stem from tariff uncertainties, but a recovery is anticipated as conditions stabilize.
Morgan Stanley's Michael Wilson expresses optimism for U.S. stocks, featuring a "Fresh Money Buy List" of key companies.

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Story summary

RBC analyst Darko Mihelic advises caution with Canadian bank profits, favoring CIBC and BMO.
Brian Belski anticipates a rally in Canadian trade stocks, linked to potential Canada/US trade deal discussions before G7 in June 2025.
Low earnings expectations stem from tariff uncertainties, but a recovery is anticipated as conditions stabilize.
Morgan Stanley's Michael Wilson expresses optimism for U.S. stocks, featuring a "Fresh Money Buy List" of key companies.