ROYAL BANK OF CANADA $50 (www.rbc.com) reported record earnings for fiscal 2011 due to strong growth at its Canadian banking, wealth management and insurance divisions. That’s helping it offset slower growth at its securities-trading operations. In the year ended October 31, 2011, earnings per share rose 16.5%, to $4.45 from $3.82 in 2010. As well, loan-loss provisions fell 21.4%, as more people are repaying their loans on time. Buy.