- RY recently reported solid FY2017 results. It does, however, face headwinds which may result in slower growth in 2018.
- PAA Research in the US recently released a report suggesting that RY faces headwinds which will likely result in a 30 – 40% pullback in its stock price with the potential for a 50% correction.
- RY has multiple lines of business which reduces earnings volatility. It is an extremely well managed bank and depending on your investor profile, is an ideal long-term investment if your seek dividend growth and capital gains potential.
- A retracement in stock price to the magnitude suggested by PAA is highly improbable.
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