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Canadian BANKS Report Earnings! Is Scotiabank (BNS) Stock a BUY Right Now?! (My Largest Position)

Nick Peitsch – Investing Engineered

Thu. May. 28, 2020 11:00am

In this video, I discuss if I'm Buying Scotiabank (BNS) Stock Right Now After Canadian Banks Report EARNINGS! Check out my Instagram (nickpeitschinvesting): https://bit.ly/3fkByXC

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In this video, I discuss the Q2 2020 earnings for Bank of Nova Scotia (BNS) and determine if the stock is a BUY right now! Canadian banks have just reported earnings for the second quarter of 2020 and the results have shocked the media to date. Canadian bank stocks were up BIG in the week of May 25th after Scotiabank beat earnings estimates and reported better than expected economic results! As a shareholder of Scotiabank stock, I was excited to see this... but also asked the question, is BNS stock still a buy at the current levels? That's what I'll be discussing in this video for you all.

BUT keep in mind... even though I may feel that Scotiabank is undervalued at the current levels, it doesn't mean that the stock can't fall further! Always do your own research before buying any stock.

Anyways, thank you for watching! If you did enjoy, please hit the LIKE button to support my channel – I would really appreciate it. Also, be sure to SUBSCRIBE for more weekly content on personal finance, business, and investing!

Please note that I am not a financial advisor. I create these videos for educational and entertainment purposes only. Before investing, make sure you perform your own research and understand all of the risks involved!

Also, please note that some links contained within this video are affiliate links, which means I may receive a commission on any products or services sold.

Music by Lakey Inspired – check out his channel here: https://bit.ly/2OIb6Kl

Cheers,
Investing Engineered
Nick Peitsch, E.I.T.

#Investing #Stocks #Banks