TSX:CMBanks
Is It Too Late To Consider Canadian Imperial Bank of Commerce (TSX:CM) After Its Strong Rally?
Wondering if Canadian Imperial Bank of Commerce stock still offers value after a strong run, or if most of the upside is already reflected in the price.
The share price sits at C$150.13, with returns of 18.9% year to date and 67.4% over the past year, even though the stock has fallen 6.1% over the last week and 1.6% over the last month.
Recent coverage has focused on how large Canadian banks are positioning themselves in a changing rate backdrop and what that might mean for profitability and...