TSE:TD

Toronto-Dominion Bank (TD.TO)

175.00
+0.96 (0.55%)
as of Nov 2, 2026, 9:00:00 pm Market Closed.
2219 watching
0
WATCH
It is the 9th or 10th largest bank in the US. They are more retail focused in the US. They have a stake in Ameritrade. Earnings coming up should be fairly robust.
TOP PICK
Steady and the best bank in Canada. Yet, it's drastically underperformed peers lately, but should trade at a decent premium to those peers. Dividend growth (with the lowest payout ratio in this sector) is 8%. Their retail franchise will stabilize the dividend and help earnings. Earnings growth last year were double-digits. Any good news will make this stock rally just like in 2016. (Analysts’ price target is $83.93)
PAST TOP PICK
(A Top Pick Dec 14/17, Up 0.4%) His favourite Canadian bank because of its huge investment in the States, which disappointed for a while but has recently picked up.
TOP PICK
His favourite Canadian bank. It held in for a long time during the sell-off, then got hit. TD has great US assets that have and will continue to pay off. (Analysts’ price target is $83.93)
TOP PICK
Canadian Banks didn't do well in 2018. But the multiple contracted dramatically trading below 10x earnings now. Valuation is very attractive. Yield of 3.9%. Good growth in the US. They are still 70% retail. Capital markets (that tends to be more volatile) is only 8% of their revenues. They are deposit based. They can grow their earnings by 6-7% this year. Banks have a target payout ratio of 40 to 50% of earnings. (Analysts’ price target is $83.93)
BUY ON WEAKNESS
Core part of his portfolio. Weak housing in Canada is a risk. Though lower house prices affect the mortgage books of banks, and this will be a headwind, TD isn't a one-trick pony. Good commercial loan book, plus significant business in US in commercial and personal banking. Also nice wealth management business, which is going gangbusters. Below 10x earnings. Buy the dips on Canadian banks.
BUY
His favourite Canadian bank (he owns two). It's basically 50% a US bank. Good retail. Costs are under control. Under 10x earnings, the first time in a long time it's been this cheap. Pays a good dividend. The only worry is if mortgage rates rise too quickly though it's unlikely.
BUY
Buy this or U.S. banks? Likes it for its U.S. expsoure. He prefers MS over TD (he owns both). He'd buy it here. Canadian banks are profit machines. A core holding.
BUY
He's long owned this and likes it. It's big in the U.S. Stick with it. He's not worried. TD increased their dividend by 9% this year and likely 8% next.
BUY
It is a portfolio anchor. They consistently raise the dividend. They have first mover advantage in terms of going into the US. They were quite successful. He invests 20% in financials. The dividends are safe. There has been a pull back in TD-T. Longer term you will do fine with this name. Don't be enthusiastic about over-weighting the name just because it pulled back. There will be volatility in the short term. There are other Canadian banks with higher yields.
BUY
Will this correction in Canadian banks continue? They've all been down 5-10% this year. TD just reported strongly with earnings up 13% YOY. TD was questioned about energy and residential loans. The former are well-contained, and mortgage growth is in the single-digits. TD is attractively valued; all the Canadian banks are below historic price-to-earnings or -book. In 2019, she expects all the Canadian banks to catch-up to these metrics. All have increased their dividends. TD has a 45% payout ratio. This year, the banks have been reflecting a lot of bad news, but next year she expects them to catch up. She'd buy TD now.
BUY
All Canadian banks had good earnings, with TD among the best in various areas (profit, dividend growth, overall performance). He also owns RY and BNS. Definitely buy TD. But American banks are not doing well and he has sold several of them this year. The banks need to lead the recovery in the next three months (or else the market is in trouble).
TOP PICK
It is an industry leader. It sold off more than the others. It is at the bottom of its trading range. (Analysts’ price target is $84.23)
COMMENT
All the banks will have a rough ride if the China issue blows into a trade war. TD has great exposure to the U.S, though it has limited ROE for the short-term. He owns a small holding of TD. It's selling at a premium to its peers, which are a better buy.
COMMENT
TD-T vs US Banks – All the Canadian bank shares have been weak. Technically, he sees support around $68. As with the US banks, they are generally cheaper, but he has not had any good result in purchasing them. He thinks this is a signal the market is just not interested in this sector. He is a firm believer the Canadian banks are of higher quality and earnings are consistent.
Showing 526 to 540 of 2,227 entries