The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
May 12, 2026
· 13 min read
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CIBC’s Sid Mokhtari on the best bank stock to buy and why markets are now vulnerable to a correction
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Article Excerpt
CIBC’s Sid Mokhtari on the best bank stock to buy and why markets are now vulnerable to a correction
JENNIFER DOWTY
PUBLISHED MAY 12, 2026
Open this photo in gallery:
Sid Mokhtari, chief market technician at CIBC Capital Markets.
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While major North American indexes have been soaring to new highs, valuations have become cheaper. We are seeing multiple compression due to the remarkable strength in earnings growth.
But with the earnings season comin…
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