Toronto-Dominion Bank (TD.TO)

TD-T vs. BMO-T. Canadian banks have been underperforming the US. There are still some challenges here in Canada, such as less interest rate increases. The changes in real estate laws are still working through the market place. He would underweight Canadian banks.

He owns three of the others. The US growth costs capital and it is the Canadian shareholder that is funding it. They still have a relatively high multiple.

Be patient, having fallen from $75 to today's $69/share. The Canadian banking group is down 6% YTD, but this reflects the overall TSX. The banks had a good Q1. She likes TD's U.S. exposure with its good growth. Earnings should be 12% this year. Dividends will grow in line with earnings. Canadian bank valuations are in line with 10-year averages.

BNS-T vs TD-T Comment. He owns both of these and feels bullish on both of them. He holds a slightly greater weight in BNS-T, who is exposed more to the developing market segment with faster GDP growth. TD-T has an expanded footprint in the US with the recent acquisition of Ameritrade.

Likes it for U.S. exposure and strong Canadian brand. Can own this for the long haul. Government makes tougher laws to avoid bad loans.

Grandfather buying for (grand)children's future? Start conservatively, like TD which offers dividend growth with Canadian and US operations which can benefit from rising interest rates in either country. Don't gamble with, say, a marijuana stock which could go under. A TD Bank won't.

Long-term interest rates aren't rising, only short-term ones and that doesn't benefit the banks. That's one caution. TD's presence in New England is doing well. Recent earnings strong. A quality name. But overall, the Canadian economy reminds him of 2007 U.S., given headwinds like high debt.

One of the best Canadian banks. Their strong Canadian retail business has been their traditional strength, and now their US retail side is paying off with US growth. Has a decent dividend. Good to own.

Very well-run bank with US operations. He prefers to buy US banks as opposed to Canadian Banks with US representations. This week three major organizations put up warnings signs about the growing consumer debt and how might affect Banks in the future. Something to worry about.Dividend yield is 3.5%. He prefers Bank of Nova Scotia (BNS-T) for Canadian Bank because of its international exposure.

(A Top Pick Jun 27/16, Up 18.98%) Last summer Canadian banks all got hit. The reason was silly then. There was a 10% dividend increase last month. He would buy on weakness.

(A Top Pick January 5/17, Up 17%) Have great domestic retail operations, and more branches in the U.S. than Canada--and still growing. Increased their dividend which has risen 20% over the past five years. A steady-as-she goes story.

Likes it for dividend growth higher than the other Canadian banks, and it has big U.S. exposure. Will benefit from higher interest rates and a growing U.S. economy. (Analysts' price target is $81.91)

The Canadian banking sector is doing well overall but TD and Royal are his two top picks. They have great U.S. exposure, which provides great opportunities for growth.

He likes this and RBC over other Canadian banks. They have more branches now in the US than in Canada. They earn huge profits from Canadian retail banking, but their growth is coming from the U.S. The direct brokerage business is important to them, but primarily in the US with TD Ameritrade.

Foreign exposure is essential. Scotiabank is in Latin America, and yes, TD operates in the U.S. but those numbers haven't been blown her away.