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Alternative stocks to Bank of Montreal (TSX:BMO)


These are the alternatives to Bank of Montreal that fall within the same industry, Diversified Banks, or region, Canada.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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See Bank of Montreal Performance

Bank of Montreal stock research in summary

bmo.com


Bank of Montreal shares have a market-typical stock price level. While they are safely financed, they are poor value, and show below average growth. We recommend evaluating whether the future of the company Bank of Montreal is typical for this industry which the market average price level of the shares suggests. If you believe that the future of the company is above average, that could be an argument for buying the shares and vice versa.


Latest Obermatt Ranks


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Country Canada
Industry Diversified Banks
Index
Size class XX-Large

Large companies - similar industry as Bank of Montreal

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Bank of Nova Scotia (XXL, CA)  Diversified Banks
1. Bank of Nova Scotia (XXL, CA)   Diversified Banks 82 57 67 90
2. CIBC (XXL, CA)  Diversified Banks
2. CIBC (XXL, CA)   Diversified Banks 66 41 71 78
3. National Bank of Canada (XXL, CA)  Diversified Banks
3. National Bank of Canada (XXL, CA)   Diversified Banks 25 45 91 67
4. Toronto Dominion Bank (XXL, CA)  Diversified Banks
4. Toronto Dominion Bank (XXL, CA)   Diversified Banks 63 9 75 52
5. U.S. Bancorp (XXL, US)  Diversified Banks
5. U.S. Bancorp (XXL, US)   Diversified Banks 46 39 65 39
6. Citigroup (XXL, US)  Diversified Banks
6. Citigroup (XXL, US)   Diversified Banks 90 17 23 37
7. Bank Of America (XXL, US)  Diversified Banks
7. Bank Of America (XXL, US)   Diversified Banks 27 73 15 31
8. JPMorgan Chase (XXL, US)  Diversified Banks
8. JPMorgan Chase (XXL, US)   Diversified Banks 6 63 43 20
9. RBC (XXL, CA)  Diversified Banks
9. RBC (XXL, CA)   Diversified Banks 26 31 51 12
10. Laurentian Bank of Canada (XXL, CA)  Diversified Banks
10. Laurentian Bank of Canada (XXL, CA)   Diversified Banks 100 1 1 5

April 25, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Bank of Montreal

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Celestica (XL, CA)  Electr. Manufacturing Services
1. Celestica (XL, CA)   Electr. Manufacturing Services 79 69 82 100
2. Linamar (XL, CA)  Auto Parts & Equipment
2. Linamar (XL, CA)   Auto Parts & Equipment 90 57 98 100
3. Open Text (XL, CA)  Application Software
3. Open Text (XL, CA)   Application Software 100 55 57 98
4. Fairfax (XXL, CA)  Property & Casualty Insurance
4. Fairfax (XXL, CA)   Property & Casualty Insurance 88 55 65 96
5. Canfor (XL, CA)  Forest Products
5. Canfor (XL, CA)   Forest Products 47 77 82 94
6. West Fraser (XL, CA)  Forest Products
6. West Fraser (XL, CA)   Forest Products 64 73 73 94
7. Canadian Tire (XXL, CA)  General Merchandise Stores
7. Canadian Tire (XXL, CA)   General Merchandise Stores 86 65 68 93
8. Manulife Financial (XXL, CA)  Life & Health Insurance
8. Manulife Financial (XXL, CA)   Life & Health Insurance 72 39 100 91
9. ATCO (XL, CA)  Multi-Utilities
9. ATCO (XL, CA)   Multi-Utilities 99 21 79 91
10. Russel Metals (XL, CA)  Trading & Distribution
10. Russel Metals (XL, CA)   Trading & Distribution 96 17 96 90

April 25, 2024


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Mid sized companies - similar industry as Bank of Montreal

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Fairfax India Holdings (M, CA)  Asset Management & Custody
1. Fairfax India Holdings (M, CA)   Asset Management & Custody 68 95 93 100
2. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
2. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 96 51 88 98
3. RLI (L, US)  Property & Casualty Insurance
3. RLI (L, US)   Property & Casualty Insurance 10 51 98 98
4. Onex (L, CA)  Asset Management & Custody
4. Onex (L, CA)   Asset Management & Custody 52 99 82 97
5. Perella Weinberg (L, US)  Investment Banking & Brokerage
5. Perella Weinberg (L, US)   Investment Banking & Brokerage 52 100 53 96
6. Moelis (L, US)  Investment Banking & Brokerage
6. Moelis (L, US)   Investment Banking & Brokerage 14 83 83 96
7. Robinhood Markets (L, US)  Investment Banking & Brokerage
7. Robinhood Markets (L, US)   Investment Banking & Brokerage 18 91 69 94
8. TMX (L, CA)  Financial Exchanges & Data
8. TMX (L, CA)   Financial Exchanges & Data 38 67 91 93
9. Cowen (L, US)  Investment Banking & Brokerage
9. Cowen (L, US)   Investment Banking & Brokerage 98 13 50 93
10. EZCORP (L, US)  Consumer Finance
10. EZCORP (L, US)   Consumer Finance 56 71 86 93

April 25, 2024


Mid sized companies - similar region as Bank of Montreal

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Fairfax India Holdings (M, CA)  Asset Management & Custody
1. Fairfax India Holdings (M, CA)   Asset Management & Custody 68 95 93 100
2. Magellan Aerospace (M, CA)  Aerospace & Defense
2. Magellan Aerospace (M, CA)   Aerospace & Defense 100 77 100 100
3. Leon's Furniture (L, CA)  Homefurnishing Retail
3. Leon's Furniture (L, CA)   Homefurnishing Retail 88 69 81 100
4. Lassonde (L, CA)  Packaged Foods & Meats
4. Lassonde (L, CA)   Packaged Foods & Meats 96 53 79 100
5. Peyto (M, CA)  Oil & Gas Production
5. Peyto (M, CA)   Oil & Gas Production 94 89 53 98
6. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
6. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 96 51 88 98
7. Onex (L, CA)  Asset Management & Custody
7. Onex (L, CA)   Asset Management & Custody 52 99 82 97
8. Dundee Precious Metals (M, CA)  Gold Production
8. Dundee Precious Metals (M, CA)   Gold Production 82 31 96 96
9. Birchcliff (M, CA)  Oil & Gas Production
9. Birchcliff (M, CA)   Oil & Gas Production 73 91 59 94
10. TMX (L, CA)  Financial Exchanges & Data
10. TMX (L, CA)   Financial Exchanges & Data 38 67 91 93

April 25, 2024



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