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Compiling comments that experts make about stocks while on public TV.

2017-01-11

General Comment by Brian Madden

Bias Subject Owned
UNKNOWN CANADIAN & FIXED INCOME Unknown

Investment for a TFSA account?He wouldn’t be put off by Canadian banks being at all-time highs. They are tremendous shareholder value creators, and earn about 14%-15% ROE. They are steady and consistent businesses that tend to grow earnings most years. Most have medium term earnings growth targets in the 7%-10% range. Pretty good governance businesses and pay out pretty good dividend yields. He likes Royal Bank (RY-T), Bank of Nova Scotia (BNS-T) and Toronto Dominion (TD-T).

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council

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