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Promising Canadian Stocks To Add to Your Watchlist - April 28th

Bank Of Montreal logo with Finance background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's screener names BMO (Bank of Montreal), CNQ (Canadian Natural Resources), and CM (Canadian Imperial Bank of Commerce) as the three Canadian stocks to watch, based on the highest dollar trading volume in recent days.
  • BMO and CM are diversified North American banks offering retail, commercial, wealth, and capital markets services, making them core financial exposures for investors seeking dividend and income plays.
  • CNQ is a major oil and gas producer selling light, heavy, bitumen and synthetic crudes, providing direct exposure to Canada’s energy sector as well as commodity, currency, and country-specific regulatory risks.
  • MarketBeat previews top five stocks to own in May.

Bank Of Montreal, Canadian Natural Resources, and Canadian Imperial Bank of Commerce are the three Canadian stocks to watch today, according to MarketBeat's stock screener tool. Canadian stocks are equity securities representing ownership in companies incorporated in Canada or listed on Canadian exchanges such as the Toronto Stock Exchange (TSX) and TSX Venture Exchange. They give investors exposure to the Canadian economy and common domestic sectors (notably energy and materials), along with currency and country-specific regulatory risks, and are used for diversification, income, or growth in portfolios. These companies had the highest dollar trading volume of any Canadian stocks within the last several days.

Bank Of Montreal (BMO)

Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company's personal banking products and services include deposits, mortgages, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk management products.

Read Our Latest Research Report on BMO

Canadian Natural Resources (CNQ)

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).

Read Our Latest Research Report on CNQ

Canadian Imperial Bank of Commerce (CM)

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S.

Read Our Latest Research Report on CM

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Should You Invest $1,000 in Bank Of Montreal Right Now?

Before you consider Bank Of Montreal, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank Of Montreal wasn't on the list.

While Bank Of Montreal currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Click the link to see MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

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