The Successful Investor, in the September, 2015, issue, says buy Royal Bank of Canada, recently $76. The Investor said buy 28 times from March, 1996, to December, 2014, at prices ranging from $30 to $88 (the stock split 2 for 1 in September, 2000, and again in March, 2006). Assuming a $1,000 investment for each of the 28 buys, the $28,000 position is now worth a rewarding $70,604. RBC is busily carrying out its plan to unload non-core overseas businesses and shift its international focus to the United States, the United Kingdom and Asia. It recently sold its Surinamese retail banking business, has just agreed to sell its Swiss private banking operations and expects to close its $5.4-billion (U.S.) acquisition of the Los Angeles-based City National by the end of the year. The Investor approves of the bank's U.S. focus. Not only will the improving U.S. economy lead to higher profits, but those profits will be enhanced by the weaker Canadian dollar. RBC now trades at 11.5 times its likely fiscal 2015 earnings of $6.63 a share, and its $3.08 dividend yields 4.1 per cent. The bank is a buy.