Banks are growth stocks
Don’t believe me? See these pictures Here’s YTD stats: TD ⬆️ 29.5% RY ⬆️ 27.5% CM ⬆️37.46% NA ⬆️ 45.15% BMO ⬆️ 44.74% BNS ⬆️ 21.78% HCG ⬆️ 46% Compare that to the high techs: AAPL ⬆️ 17.8% TSLA ⬆️ 48% NVDA ⬆️ 126.7% MSFT ⬆️ 55.7% Everyone is taking about inflations. That’s great. You may want to read this article to understand how banks make money. “Banks categorize their revenue into two broad areas based on how it is generated – net interest income and non-interest income. ...