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Jim, what is your current view on Commerce Bancorp (CBH) - Get AllianzGI Convertible & Income 2024 Target Term Fund Report?-- Gary from Nevada
James J. Cramer:
Commerce is one of my favorite financials and I own it for my
ActionAlertsPLUS charitable trust. I'm up about 18% on my stake in Commerce. So I'd wait for a pullback before buying more.
However, I believe it is a solid long-term bet due to the company's strong deposit growth and expansion plans.
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