TSX:RYBanks
Is It Too Late to Consider RBC After a 30% Surge and Strong Excess Returns?
If you are wondering whether Royal Bank of Canada is still attractive after such a strong run, or if most of the upside is already reflected in the price, you are not alone. This is exactly what we are going to unpack.
The stock has climbed 3.7% over the last week, 9.0% over the past month, and is now up around 30.0% over the last year, with a 154.2% gain over five years that points to both solid historical growth and rising expectations.
Recently, investors have been zeroing in on large,...