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CANADIAN IMPERIAL BANK OF COMMERCECANADIAN IMPERIAL BANK OF COMMERCECANADIAN IMPERIAL BANK OF COMMERCE

CANADIAN IMPERIAL BANK OF COMMERCE

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CM trade ideas

A signal so bullish it might make you $CMKey Stats P/E Ratio: 12.86 (below the sector average of 11.8) Dividend Yield: 3.89%, with consistent payout history Next Earnings Date: Feb 27, 2025 Recent Upgrade: Barclays raised target to $98 (Nov 30, 2024) Revenue Growth: 7% YoY Top 3 Technical Reasons for Bullish Bias Breakout Zone Approaching: Price testing $94, a critical resistance from August. Break here unlocks $100+. Golden Crossover Incoming: The 50-day SMA is edging toward a crossover with the 200-day SMA—classic bullish signal. Strong RSI Rebound: RSI at 58, climbing but not yet overbought, suggesting more room to run. Top 3 Fundamental Reasons for Bullish Bias Undervalued vs Peers: Low P/E and price-to-book ratio make CM a bargain in the Canadian banking sector. Dividends Make It Rain: 3.89% yield at this valuation is a fortress for income investors, even if growth slows. Economic Recovery Boost: Canada's improving GDP and housing markets directly benefit CM’s retail and mortgage banking units. Potential Paths to Profit 1️⃣ Lowest Risk: Buy shares outright and collect that juicy dibadend while waiting for the move to $101. 2️⃣ Options Play: Buy LEAPs. Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
TSX:CMLong
by ChartVZN
Chartvzn Analysis: Canadian Imperial Bank of Commerce (CM)b]Key Stats Market Cap: CAD 55.6B P/E Ratio: 12.89 (Moderately undervalued compared to industry averages) Dividend Yield: 5.91% (Solid for income investors) Revenue Growth: 2.58% YoY (Recent FY revenue: CAD 21.31B) Next Earnings Date: December 7, 2024​ Technical Reasons for Upside Bullish Hammer Formation: Recent price action carved out a hammer candlestick on November 20, signaling strong buyer support at lower levels. Ascending Channel Support: The stock is hugging the bottom of a long-term bullish channel, offering an attractive risk-reward entry. Oversold RSI Recovery: Daily RSI bounced from oversold levels (38), aligning with potential upward momentum. Fundamental Reasons for Upside Strong Dividend Play: A consistent 5.91% yield positions CM as a defensive pick amid market volatility, attracting income investors. Positive Analyst Sentiment: Recent upgrades, with price targets ranging from CAD 94 to CAD 97, signal optimism in CM’s performance. Improved Loan Portfolio Risk: Management’s risk transfer initiatives are reducing exposure to corporate defaults​. Potential Paths to Profit Low Risk: Accumulate shares below CAD 93. Enjoy the dividends and hold until the target is hit. Options Play: Buy Dec 20, 2024 CAD 94 calls (~CAD 2.10 premium). Attractive theta decay under low volatility. Pair Trade: Hedge with short positions in a weaker Canadian bank like Laurentian (LB). Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
TSX:CMLong
by ChartVZN
Canadian Imperial Bank Canada Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutions
NYSE:CM
by Sunstorminvest
CANADIAN IMPERIAL BANK OF COMMEERCE Strategy Hello traders, CANADIAN IMPERIAL BANK OF COMMEERCE is in a bullish configartion with a hammer candle and high volume buy executed. On the TIMEFRAME M1 we see a dragon doji with a strong continuation of the volume of purchases made, it goes towards the top of the stabilization zone to retest it. Strong potential to breakout the price with the momentum of both the zone to join the second and land on the next high. With a bearish breaking gap to fill (seen from TIMEFRAME H4), to access the next high followed by a test from the top of a stabilization zone in the future. See how the top of the bullish channel reacts in this session. Please LIKE & FOLLOW, thank you!
NYSE:CMShort
by stephanelibatd