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Posted by
Two Blokes Jun 23 -
Filed in
Stock
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The National Bank of Canada faces significant risks from overexposure to Quebec and home loans, making it vulnerable to regional and housing market shocks. Despite the Canadian Western Bank acquisition offering geographic diversification and cost synergies, these positives are outweighed by concentration risks and efficiency concerns. Technical analysis and valuation indicate the stock is overbought, with a high P/E ratio and a potential downside of nearly 27% from current levels.
