Toronto-Dominion Bank (TD.TO) Buy, Sell or Hold

Toronto-Dominion Bank (TD.TO)

175.00

+0.96 (0.55%)

as of Nov 2, 2026, 9:00:00 pm Market Closed.

2219 watching

TOP PICK

Very good opportunity at this point. Very strong management team and has the largest retail exposure, which should continue to do well.

BUY

Interest rates are coming way, way down and banks do well in a declining interest rate environment. They have stated they are free of any sub prime entanglements. They have also indicated that their acquisition they are buying in the US is also free. Good dividend.

DON'T BUY

In the process of buying Commerce Bank, which they announced near the top of the banking cycle. Valuations of US banks have dropped dramatically but he doesn't see any price change in this deal. TD North has not been performing very well either.

COMMENT

Chart shows how volatile banks have become recently. If you really want to own a bank for the long-term, this is as good as you are going to find. He is avoiding banks at this time.

BUY

This has been one of the better banks to get through all these problems. It didn't have the asset-backed commercial paper. However, 10% of their assets are from TD Bank North and another 10% from TD Ameritrade in the US. Solid balance sheet and trading around 10X earnings.

WATCH

Canadian bank stocks have 2 periods of seasonal strength. Next one starts at the end of January and goes through until the end of May. Toronto Dominion (TD-T) or Royal Bank (RY-T) would be his favourites. This one is at its support level. Consider buying closer to February. Also keep an eye on the sector.

TOP PICK

Likes banks generally. Good earnings power. Made some very shrewd decisions. Ratio of bank yields to Canadian bond yields is at a five standard deviation from the norm. An opportunity to buy a great bank at a great price.

COMMENT

Banks were hit today on news that Citigroup (C-N) was going to take a $18 billion write-off. They completed 2 large US acquisitions in 2007 and nobody really knows what they bought. This is the reason for the selloff.

PAST TOP PICK

(A Top Pick March 6/07. Up 2.6%.) Still his favourite bank. Very little CDO/subprime US exposure. The Commerce acquisition in the US will be pretty well cleaned up by the time they take ownership. Still a Buy under $70.

BUY

In a fantastic position during the subprime issue as they had no exposure. The only negative for them is that they bought Commerce Bank in the US and own Bank North so there is execution risk. Have a fantastic retail network. Strong capital ratios. Also have 49% ownership in TD Waterhouse and Ameritrade.

TOP PICK

Avoided a lot of the banking problems. Good retail bankers. Very disciplined management.

COMMENT

Likes their stand on refusing to bail out others who created the mess. Have some other problems in that they made some big acquisitions on US banks. Trading at 12X current earnings and 11.5X forward. This is not his favourite bank.

BUY

This would be his Top Pick of the Canadian banks. While he thought the Commerce Bancorp acquisition was a little bit pricey, it is an excellent fit for them. This is probably the best consumer bank out there.

BUY

Recently acquired Bank of Commerce in Manhattan and at a half decent price. The growth rate with this bank is going to be attractive.

BUY

Bank stocks are starting to look very interesting. He would want to see the 4th quarter results first. He would also like to know how the banks see this coming year. If you don't own it, you might want to take a third of your position now. Until we see an end to the sub prime mess, we don't know how low the banks can go.

Showing 1,441 to 1,455 of 2,227 entries

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Rick Rule

Rule Investment Media

The Monthly Gems by Allan Tong

Stockchase

Brianne Gardner

Raymond James

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Toronto-Dominion Bank (TD.TO)