Wednesday, January 21, 2009

Bank of Nova Scotia (BNS) @ $29.70

To buy or not to buy?

Bank of Nova Scotia hit it's 52 week low today at one point (however briefly) trading at $27.86 (but closing at $29.70).

The debate now is if it's hit bottom.

But even at this price, the dividend yield is pretty good (6.6% at the current price).

I'm going to look for a slightly better price before putting my bid in.


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