The Toronto Stock market hit a low in October of 2002 and has been going up ever since. One would think that 3 years on the upside is enough.
But the earnings and dividends have also had strong gains in the past 3 years.
The financials in Canada are still undervalued.
At least a third of the Dow stocks are substantially undervalued. To keep up on all of this just email us at fraserratings@yahoo.ca and we will send you our next 3 issues free.