TD Bank (TD.PR.T.TO)

HOLD

Patient on performance of shares.
Not expensive at current share price.
Is a good long term investment (5-10 years).
Short term, expecting volatility.
Chance of recession in the next 1-2 years. 

BUY

Canadian banks under-valued at the moment.
Good investment for the long term.
Strong brand name excellent assets.
Recession not occurring as expected - good for business.

BUY

Canadian banks under-performing the past year due to interest rate hikes.
Concerns of a recession/hard landing also slowing growth.
Loan losses not materializing in banks.
Good time to buy shares.
2nd best bank behind RBC.

HOLD

Expecting a hard landing/recession which will induce loan losses.
Not a good time to buy shares.
Wait for economic slowdown before buying.
Difficult to predict.

PAST TOP PICK
(A Top Pick Aug 30/22, Down 6%)

Disappointing recent share price performance.
USA M&A not going as planned.
Current under performance in banking sector wide spread.
Large bank with excellent brand.
Will continue to hold. 

BUY ON WEAKNESS

Does not own shares.
Prefers Royal Bank.
Good long term investment (Canadian bank strong).
Rumors of weakness over stated. 

DON'T BUY

Recent weakness on share price given banking concerns.
Massive short position on shares.
Shares not performing well.
Earnings coming up soon.
Would wait to invest in business. 

TOP PICK

Believes shares have been unjustly sold off.
Good time to buy for long term investors.
Excellent balance sheet with large earning potential.
Strong brand and place in Canadian customers mind.

HOLD

If interest rates stay high, Canada will have problems (high debt levels).
TD Bank will do fine for the long term.
Well run bank. 
Good long term investment. 

BUY
Canadian banks are very attractive assets. Believes share price is presenting good buying opportunity. Expecting stronger results from the company going forward. Rising interest rates will help generate more profit. Good company to hold in portfolio.
WEAK BUY
Banks in Canada have entered into bear market. Increase in interest rates normally good for banks. Market afraid of mortgage defaults with rising interest rates (reason for low stock price). Canada not as exposed to mortgage risk. Bank insulated from major economic risks.
BUY ON WEAKNESS
Excellent growth prospects and well managed. Strong growth in US market. One of biggest positions in fund. Good long term company to hold. Shares expensive at current levels. Buy in market pullback.
HOLD
Real estate bubble in Canada could spell trouble for major banks. TD bank has done good job with exposure to US customers. Canadian consumers are highly indebted, perhaps one of the highest in the world. Not sure how much room left for lending to Canadians. Collapse of company not a concern, however sees more growth in US market.
TOP PICK
TD will benefit from rising interest rates. Dividend has been rising at double digit levels. Is fan of USA/Canada cross-border business.
BUY ON WEAKNESS
Second favorite bank after Bank of Nova Scotia. Little over valued, buy on pullback. Unique exposure with US footprint. Operating preference getting better.
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