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Canadian Imperial Bank of Commerce has outperformed the S&P/TSX composite index by nearly 5 per cent over the past year, and enjoyed a particularly strong summer, with shares up about $10 since the start of July. The bank at the end of August reported modestly better-than-expected fiscal third-quarter profits, further bolstering investors' confidence.
This report provides a detailed analysis that investors may want to review before buying or selling the stock.
StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. CIBC's average score is 10 out of 10. That places the bank among an exclusive group of 68 stocks that it has awarded its highest score.
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