Canadian Imperial Bank of Commerce (CM) Hits Fresh High: Is There Still Room to Run?
CMCIBC(CM) ZACKS·2024-09-06 22:16

Have you been paying attention to shares of Canadian Imperial Bank (CM) ? Shares have been on the move with the stock up 18% over the past month. The stock hit a new 52-week high of $59.85 in the previous session. Canadian Imperial Bank has gained 24.1% since the start of the year compared to the 15.3% move for the Zacks Finance sector and the 12.6% return for the Zacks Banks - Foreign industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't miss ...