Viewing Opinion | StockChase
stockchase picture

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

2017-03-10

Opinion for Toronto Dominion (TD-T)

Signal Price Bias Subject Owned
PARTIAL BUY $66.000 OPTIMISTIC CANADIAN & CANNABIS STOCKS Unknown

This dropped $3.25-$3.50 today. There was a report claiming employees were pressured to hit sales goals that could have breached the company’s ethics. Barclays says that they don’t think there will be repercussions. Any time these types of allegations come out, it certainly freezes investors in their tracks. This bank is a fantastic franchise. They have lots of compliance and corporate governance in place. If you are a 3-5 year investor, and you get a selloff like this, it is probably an opportunity. However, he wouldn’t add a full position today, but would probably add some today and look at adding some down the road.

Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc. http://www.stonecastlefunds.ca

3 Comments

barney11

March 13th 2017 at 4:01pm


As a customer of TD for over 50 years. A retired Human Resources Manager of 38 years from a large financial lending institution. And involved with the investing world daily for 15 years, can say without hesitation, no one should look at TD any differently than they have in the past until these TD employees' charges are thoroughly vetted. Employees who commit impeachable acts and blame it on management pressure were almost always themselves to blame for those acts in my experience. I say almost because there were legitimate instances of such complaints but in a good company they are always addressed promptly and heads roll. I have no doubt TD will deal accordingly with this situation.

barney11

March 17th 2017 at 4:01pm

5656 - NO ONE ON THIS SITE IS STUPID. YOU ARE TRYING YOUR NONESENSE IN THE WRONG MEDIUM...GET A LIFE.

hooker

April 23rd 2017 at 2:11pm

AND A REAL JOB !!


You must be logged in to comment.