TSE:TD

Toronto-Dominion Bank (TD.TO)

171.48
+1.11 (0.65%)
as of Sep 18, 2026, 8:00:00 pm Market Open.
2220 watching
0
TOP PICK
Good management. Mostly retail business. Recently raised over $1 billion and seemed to have set a bottom in on the stock. Growth will be slower than average for a while. Looking for an 8% to 10% return including dividends.
COMMENT
Thinks it is the best in class in the banking sector. Have a very vibrant retail space and the retail-banking arm is doing quite well. Commerce Bank acquisition is a fantastic franchise in the US and they have immunized as much risk as possible in their mortgage book. Bank is conservative, well run and well capitalized.
PAST TOP PICK
(A Top Pick July 16/07. Down 36%.) Sold his holdings when profitability started to deteriorate.
BUY
Cdn banks did relatively well to other global banks. Sold off because of concerns of their ratios and where growth is going to come from. This one has exposure to Northeast US as well as having US Ameritrade, which has affected some of their capital ratios. Good growth strategy. Trades at a discount multiple to the other banks.
BUY
All of the Canadian banks are screening very well right now. Market is looking for quality, good profits, strong sustainable dividend yield, clean balance sheets and interesting trading opportunities.
DON'T BUY
If you buy, put in a $35 stoploss. A lot of the banks are still just trying to make a base.
BUY
Good entry point if you are able to handle short-term volatility and you have a 3-year view.
BUY
One of his favourite banks. Last quarter was better than expected. Just improved its balance sheet with a $1.3 billion equity issue. Less exposed to structured products. If they don't have to keep their commitment to the BCE deal it is a very big positive. Strong capital base. Strong Canadian retail. Likes their US holdings.
TOP PICK
Valuation is 1.1 X book. 5.5% yield. Likes their strategy of being a good retail bank. Growing their franchise in the US. Thinks the US Commerce acquisition will work out even though they paid a little too much. Have stayed out of the riskier types of banking business.
TOP PICK
Trading at 1 X book. Historically, Canadian banks have traded at roughly 2 to 3 X book. The group trades at 1.5. Trades at 7.5 X earnings and the group is at 8.5. Cheap.
TOP PICK
For any long-term view, you are buying this at values that you haven't been able to since the early 80's.
DON'T BUY
(Market Call Minute.) Not a fan of financials.
TOP PICK
(A Top Pick Nov 2/07. Down 23%.) Best positioned of the Canadian banks. Excellent management. Very disciplined approach in running the business. The most retail of the banks. Building a very strong franchise in Northeast US.
COMMENT
His favourite bank. Has good exposure. Great retail business. Has exposure to the US banking system when that recovers. Not a lot of exposure to derivatives or esoteric securities.
BUY
He is slightly overweight on banks right now. This one has probably the lowest yield. Tremendously well-run bank. Compelling valuation.
Showing 1,381 to 1,395 of 2,223 entries