5 Most Profitable Value Stocks Now

4. Canadian Imperial Bank of Commerce (NYSE:CM)

Estimated Net Income (TTM): $3.50B

Last month, Bank of America Securities upgraded Canadian Imperial Bank of Commerce (NYSE:CM) to Neutral from Underperform.

“Our recent investor meeting with CFO Hratch Panossian increased our confidence in the pretax preprovision (“PTPP”) defensibility driven by relative margin stability and a laser focus on extracting franchise efficiencies,” Bank of America  analyst Ebrahim Poonawala wrote in a note.