Randy LeClairTD BankTD.PR.T.TOPAST TOP PICKSep 08, 2014

Would recommend buying here. Bad news is out of the way. Probably will increase going forward. Excellent brand name in Canada. New management team should be able to increase trust in the company. Falling interest rates and relaxed capital requirement rules will provide tailwinds for company. 

We think $78 is a good buying starting point. 
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Despite recent lawsuits, could be a good time to buy. Strong assets with good bran in Canada. Weakness in share price could be a good time to buy. Would watch closely and/or buy now. Good for long term investors. New management team will also be good for the business. 

Hard to determine short term outlook of the business with recent legal issues. Long term, will be a good investment, however stock is depressed now. Strong brand name and franchise, but company in for tough times going forward. 

Business has entered a tough phase. Anti-money laundering lawsuit appears to be getting worse. Would not recommend investing at this time. Better names in Canadian banking sector without the risk. 

Shareholders in company - current share price a good place to buy. Fines and anti-money laundering investigations a concern for investors. Large amounts of money will be involved to beef up compliance requirements. Appears regulator won't be too harsh on company. Will continue to own share - is a dominant franchise with good business prospects. 

Money laundering scheme is difficult to determine in damage. Will take time to see how lawsuit plays out. Would recommend holding for now. Strong business franchise with near oligopoly in Canada. 

Excellent dividend with oligopoly market position. Would recommend holding position. Recent pressure on stock creating a buying opportunity. Anti-money laundering lawsuit a short term concern. Long term - is a great investment. 

Keeping an eye on treasury yield before investing in major banks. Climbing treasury yield (~4.25%) indicating investors don't think rates will fall as quick as originally thought. Would wait before investing in banks. If rates fall, good time to buy. 

Money laundering issues a concern - will be costly. Stock trading at discount. Strong US footprint. Company business model bruised, but not broken. Would be interested in a small position now. Capital adequacy very strong with good brand name in Canada. 

Caught in anti-money laundering cross hairs issue. Very strong overall on the retail side - especially in the USA. Quality business that is a good hold for the long term investor. Strong brand name in Canada. 

Banks have done well since Oct. Recent earnings gave given optimism to stocks. Recent pullback a good time to buy. Company not as strong as RBC, but has a large amount of cash. 

Owns shares in stock. Great business. Chart headed in the right direction. Thinks stock could hit $80 or $90. 

Believes inflation will be sticky, and interest rates will not come down. Believes pain to be felt on "main street" with mortgage renewals. Not a good sign for banks. Would wait for bank weakness before buying. 

Money laundering issue not a concern.
Exposure to mortgages will be a challenge.
Does not believe interest rate cuts are in the future.
Waiting for share price to fall before buying.