Currently the stock trades at around $31.50, about half of where it was less than a decade ago.
A few years ago, we wrote about Laurentian Bank ( LB-T ), just before it announced it was looking to be acquired. Alas, that did not happen, and since then it has been a desultory investment at best, down from our respective purchase prices of just shy of $40. Might it prove to be a better play at this point in time?
Perhaps the website may be attractive to many viewers. It features a good-looking woman on a scooter looking like she has never had so much fun in her life. “Turn your ‘someday’ into ‘I’m on my way’ with the help of our advisors,” the site says. Um, whatever.
But as an investment, will LB help investors get on their way? Currently the stock trades at around $31.50, about half