Toronto Dominion

TD-T

TSE:TD

56.77
3.48 (5.78%)
The Toronto-Dominion Bank is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario.
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Analysis and Opinions about TD-T

Signal
Opinion
Expert
COMMENT
COMMENT
March 16, 2020
He expects this to fall to $52. Some Canadian bank stocks are moving up or down 20% in a day, which he hasn't seen since 2009. It's panic. An extreme low for TD is $44. Once the downward pressure is off, these bank stocks will rebound nicely and rapidly. He worries less about banks than tech stocks.
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Toronto Dominion (TD-T)
March 16, 2020
He expects this to fall to $52. Some Canadian bank stocks are moving up or down 20% in a day, which he hasn't seen since 2009. It's panic. An extreme low for TD is $44. Once the downward pressure is off, these bank stocks will rebound nicely and rapidly. He worries less about banks than tech stocks.
PARTIAL BUY
PARTIAL BUY
March 11, 2020

RY vs TD? These are almost apples to apples. He thinks RY is the bluest of blue chip bank stocks. Both are good quality and both could drop another 5-8% lower from here. He would recommend that you could buy half of your position here.

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Toronto Dominion (TD-T)
March 11, 2020

RY vs TD? These are almost apples to apples. He thinks RY is the bluest of blue chip bank stocks. Both are good quality and both could drop another 5-8% lower from here. He would recommend that you could buy half of your position here.

COMMENT
COMMENT
March 10, 2020
A trading platform that's better than TD Webbroker? He can't get into TD's platform. That's happening with a lot of platforms here and the U.S., given the high volume of trades. It's frustrating, but these are short-term problems. He can't recommend another platform. TD itself is a low-vol stock, but banks aren't cheap enough for him. Long-term, though, you can't go wrong owning a Canadian bank.
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Toronto Dominion (TD-T)
March 10, 2020
A trading platform that's better than TD Webbroker? He can't get into TD's platform. That's happening with a lot of platforms here and the U.S., given the high volume of trades. It's frustrating, but these are short-term problems. He can't recommend another platform. TD itself is a low-vol stock, but banks aren't cheap enough for him. Long-term, though, you can't go wrong owning a Canadian bank.
TOP PICK
TOP PICK
March 10, 2020
A core holding for him. He bought it yesterday. It's well-diversified geographically in the U.S. east coast. They will be a player in online brokerages with merger of Ameritrade and Schwab. Trades at a cheap 8.5x earnings while Canadian banks trade at 10-11.5x. They grow their dividend 10% annually, the leader; earnings grow at 13%. The banks will continue to outperform the TSX. (Analysts’ price target is $73.86)
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Toronto Dominion (TD-T)
March 10, 2020
A core holding for him. He bought it yesterday. It's well-diversified geographically in the U.S. east coast. They will be a player in online brokerages with merger of Ameritrade and Schwab. Trades at a cheap 8.5x earnings while Canadian banks trade at 10-11.5x. They grow their dividend 10% annually, the leader; earnings grow at 13%. The banks will continue to outperform the TSX. (Analysts’ price target is $73.86)
TOP PICK
TOP PICK
March 4, 2020
A quality company with a dividend that just went up 6%. They will be able to increase the dividend going forward. Longer term, growth for Banks in Canada may be slow, but they can add efficiency from technology improvements and asset prices will continue to rise if interest rates remain low. Yield 4.66% (Analysts’ price target is $77.14)
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A quality company with a dividend that just went up 6%. They will be able to increase the dividend going forward. Longer term, growth for Banks in Canada may be slow, but they can add efficiency from technology improvements and asset prices will continue to rise if interest rates remain low. Yield 4.66% (Analysts’ price target is $77.14)
WEAK BUY
WEAK BUY
March 3, 2020
Favourite Canadian bank. Solid grower in the US. Stock's been beaten up. The banks are going to have a pretty weak year. People are on the edge, so loan losses could increase. Don't go hog wild on the banks. The banks look interesting at these levels.
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Favourite Canadian bank. Solid grower in the US. Stock's been beaten up. The banks are going to have a pretty weak year. People are on the edge, so loan losses could increase. Don't go hog wild on the banks. The banks look interesting at these levels.
Alex Ruus

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Price
$69.510
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
February 28, 2020
There is support for TD just below $70. It could be a reasonable time to buy the banks in the near future. There is probably a good chance for upside and it pays a good dividend. He's not overly bearish on banks.
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Toronto Dominion (TD-T)
February 28, 2020
There is support for TD just below $70. It could be a reasonable time to buy the banks in the near future. There is probably a good chance for upside and it pays a good dividend. He's not overly bearish on banks.
TOP PICK
TOP PICK
February 20, 2020
Owns all 6 big banks. Chose it because it's trading at a market multiple, but typically trades at a premium. In US, consumer is in better shape, employment is still growing, wages are going up. Yield is 3.9%. (Analysts’ price target is $79.40)
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Toronto Dominion (TD-T)
February 20, 2020
Owns all 6 big banks. Chose it because it's trading at a market multiple, but typically trades at a premium. In US, consumer is in better shape, employment is still growing, wages are going up. Yield is 3.9%. (Analysts’ price target is $79.40)
WEAK BUY
WEAK BUY
February 18, 2020
Underperforming? All banks have been limited by low interest rates, but still pay good yields. You're not losing money in TD, but he doesn't see rates changing much. You can expect 8-10% a year, including the yield. 8-10% isn't bad. Low yields will continue to squeeze margins. Anyone should buy banks and he has no worries buying this.
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Toronto Dominion (TD-T)
February 18, 2020
Underperforming? All banks have been limited by low interest rates, but still pay good yields. You're not losing money in TD, but he doesn't see rates changing much. You can expect 8-10% a year, including the yield. 8-10% isn't bad. Low yields will continue to squeeze margins. Anyone should buy banks and he has no worries buying this.
BUY
BUY
February 18, 2020

It's his biggest bank holding, which he considers a North American bank. All Canadian banks have suffered from low interest rates; they're rangebound. But he's sticking with this, because the US economy is still sound where TD has half its business. TD acquired US companies at a good price. 18 months from now, TD will be much higher. He also like JPM.

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Toronto Dominion (TD-T)
February 18, 2020

It's his biggest bank holding, which he considers a North American bank. All Canadian banks have suffered from low interest rates; they're rangebound. But he's sticking with this, because the US economy is still sound where TD has half its business. TD acquired US companies at a good price. 18 months from now, TD will be much higher. He also like JPM.

BUY
BUY
February 12, 2020

How long can this bull market last? Cyclical bull markets last 24-36 months between major corrections, and we cleared one at the start-2019. Secular bull markets run 15-18 years with interruptions like 2014-5 and 2018. In 1981, the baby boomers hit peak investing years and they peaked out in 2000 which was the end of that secular bull market. The millennials are a bigger group than the boomers--and they've just hit the same point as 1981. So, this secular bull run could stretch into the 2030s. Crashes happen, but don't last. He predicts two years ahead of clear sailing. A generation low in interest rates help. TD will be fine, but he prefers JPM or BAC.

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Toronto Dominion (TD-T)
February 12, 2020

How long can this bull market last? Cyclical bull markets last 24-36 months between major corrections, and we cleared one at the start-2019. Secular bull markets run 15-18 years with interruptions like 2014-5 and 2018. In 1981, the baby boomers hit peak investing years and they peaked out in 2000 which was the end of that secular bull market. The millennials are a bigger group than the boomers--and they've just hit the same point as 1981. So, this secular bull run could stretch into the 2030s. Crashes happen, but don't last. He predicts two years ahead of clear sailing. A generation low in interest rates help. TD will be fine, but he prefers JPM or BAC.

COMMENT
COMMENT
February 7, 2020
His problem with Canadian banks is that the earning growth is from wealth management. Markets were up last year so they were beneficiaries, but the rest of their business was flat. If we see a stall in the markets, you could see bad bank earnings. He is not buying more right now. It is the best of the big banks due to their US position.
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Toronto Dominion (TD-T)
February 7, 2020
His problem with Canadian banks is that the earning growth is from wealth management. Markets were up last year so they were beneficiaries, but the rest of their business was flat. If we see a stall in the markets, you could see bad bank earnings. He is not buying more right now. It is the best of the big banks due to their US position.
COMMENT
COMMENT
February 5, 2020

RY vs TD vs SLF? He owns both of the banks and he prefers this space over the insurance sector. RY has a stronger approach on the wealth management side, whereas TD focuses on retail customers and has a larger presence in the US. Right now he would favour TD. Canadian banks of been held back as of late because of a unwarranted fear about the housing market in Canada. Dividends with the banks are great too.

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Toronto Dominion (TD-T)
February 5, 2020

RY vs TD vs SLF? He owns both of the banks and he prefers this space over the insurance sector. RY has a stronger approach on the wealth management side, whereas TD focuses on retail customers and has a larger presence in the US. Right now he would favour TD. Canadian banks of been held back as of late because of a unwarranted fear about the housing market in Canada. Dividends with the banks are great too.

WEAK BUY
WEAK BUY
February 4, 2020
A steady eddy. Own it for the dividend and safety. It's defensive. He doesn't believe that Canadian real estate is an exposed industry for the banks; good demand for homes endures. But there isn't a lot of growth to come. A 7-8% return isn't bad.
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Toronto Dominion (TD-T)
February 4, 2020
A steady eddy. Own it for the dividend and safety. It's defensive. He doesn't believe that Canadian real estate is an exposed industry for the banks; good demand for homes endures. But there isn't a lot of growth to come. A 7-8% return isn't bad.
PAST TOP PICK
PAST TOP PICK
January 31, 2020
(A Top Pick Jan 11/19, Up 11%) It's too early to add fresh capital. We're probably looking at a rough patch for financials. He would wait for it to drop 5 points to get back in. He's generally off financials right now.
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Toronto Dominion (TD-T)
January 31, 2020
(A Top Pick Jan 11/19, Up 11%) It's too early to add fresh capital. We're probably looking at a rough patch for financials. He would wait for it to drop 5 points to get back in. He's generally off financials right now.
HOLD
HOLD
January 28, 2020

Bank outlook in Canada He's holding tight and has been underweight banks for some time, because interest rates are low. Long-term, he's done well with TD, though last year saw only a modest return. He also owns Royal, and likes both. He isn't adding to his positions.

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Toronto Dominion (TD-T)
January 28, 2020

Bank outlook in Canada He's holding tight and has been underweight banks for some time, because interest rates are low. Long-term, he's done well with TD, though last year saw only a modest return. He also owns Royal, and likes both. He isn't adding to his positions.

BUY
BUY
January 27, 2020
He is moving from US financials and into Canadian banks. They represent pretty good value. Last year you saw a rally in US financials.
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Toronto Dominion (TD-T)
January 27, 2020
He is moving from US financials and into Canadian banks. They represent pretty good value. Last year you saw a rally in US financials.
COMMENT
COMMENT
January 21, 2020
As an income stock It's been sideways. He feels neutral about TD either way. For income, you can stay with TD is you possess strong risk management skills.
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Toronto Dominion (TD-T)
January 21, 2020
As an income stock It's been sideways. He feels neutral about TD either way. For income, you can stay with TD is you possess strong risk management skills.
BUY
BUY
January 20, 2020
Canadian banks are safe long term and pay better dividends than American banks. If you're long-term, TD is compelling. It's well-capitalized and well-run and pays a safe 4% dividend. However, US banks offer more growth, backed by strong US consumers. He prefers American banks, but you can buy Canadian ones. True, all banks are pressured by low interest rates, but are doing cost-cutting measures.
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Toronto Dominion (TD-T)
January 20, 2020
Canadian banks are safe long term and pay better dividends than American banks. If you're long-term, TD is compelling. It's well-capitalized and well-run and pays a safe 4% dividend. However, US banks offer more growth, backed by strong US consumers. He prefers American banks, but you can buy Canadian ones. True, all banks are pressured by low interest rates, but are doing cost-cutting measures.
PAST TOP PICK
PAST TOP PICK
January 14, 2020
(A Top Pick Jan 10/19, Up 11%) The Canadian banks lagged the TSX last year, but 11% is a reasonable return. The banks increased loan-loss provisions. Last quarter's Ameritrade deal leaves TD with 10% of Schwab, a fair portion. She likes their positioning in the US. Yields nearly 4% and happy to hold it.
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Toronto Dominion (TD-T)
January 14, 2020
(A Top Pick Jan 10/19, Up 11%) The Canadian banks lagged the TSX last year, but 11% is a reasonable return. The banks increased loan-loss provisions. Last quarter's Ameritrade deal leaves TD with 10% of Schwab, a fair portion. She likes their positioning in the US. Yields nearly 4% and happy to hold it.
PAST TOP PICK
PAST TOP PICK
January 13, 2020
(A Top Pick Oct 28/19, Down 2%) It's been only three months since he picked this. It remains his bank of choice in North America. Their US retail segment is their strongest (vs. their Canadian retail and Canadian corporate). So, they have three horses in the race. The best Canadian bank; you need to hold just one.
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Toronto Dominion (TD-T)
January 13, 2020
(A Top Pick Oct 28/19, Down 2%) It's been only three months since he picked this. It remains his bank of choice in North America. Their US retail segment is their strongest (vs. their Canadian retail and Canadian corporate). So, they have three horses in the race. The best Canadian bank; you need to hold just one.
HOLD
HOLD
January 9, 2020
Dividend is compelling. Stuck in a trading range. Long-term growth goal is a high single-digit pace. They didn't last year. Tepid demand for loans. Pressure on provision for credit losses. These pressures will remain for 2020. Own it with a multi-year time frame. He doesn't want to be out of this name when the next leg up starts. Banks earn high returns for investors, in a sector that outperforms the market. Yield is 4%.
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Toronto Dominion (TD-T)
January 9, 2020
Dividend is compelling. Stuck in a trading range. Long-term growth goal is a high single-digit pace. They didn't last year. Tepid demand for loans. Pressure on provision for credit losses. These pressures will remain for 2020. Own it with a multi-year time frame. He doesn't want to be out of this name when the next leg up starts. Banks earn high returns for investors, in a sector that outperforms the market. Yield is 4%.
HOLD
HOLD
January 8, 2020
Of all the Canadian banks this was the laggard, based on price return. It is priced a little on the rich side. The yield is about 4%, making it attractive. He does not hold a large position, but would suggest others at these valuation levels (both trading on book value and yield).
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Toronto Dominion (TD-T)
January 8, 2020
Of all the Canadian banks this was the laggard, based on price return. It is priced a little on the rich side. The yield is about 4%, making it attractive. He does not hold a large position, but would suggest others at these valuation levels (both trading on book value and yield).
COMMENT
COMMENT
January 8, 2020

CDN Bank shares or ETF? As a porfolio manager, he prefers to use his expertise to pick individual stocks. An ETF gives you the group and no ability to outperform. Canadian banks are favorable over US counterparts he thinks, including the higher yield. He likes BNS and RY. He does not hold much in TD at the moment. He holds about 20% of his portfolio in banks.

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Toronto Dominion (TD-T)
January 8, 2020

CDN Bank shares or ETF? As a porfolio manager, he prefers to use his expertise to pick individual stocks. An ETF gives you the group and no ability to outperform. Canadian banks are favorable over US counterparts he thinks, including the higher yield. He likes BNS and RY. He does not hold much in TD at the moment. He holds about 20% of his portfolio in banks.

TOP PICK
TOP PICK
January 8, 2020
True, the Canadian banks haven't done well, but TD trades at 1.6x book, pays a 4% dividend yield, and trades at 10.6x earnings. There won't be much topline growth, but more bottom line due to cost savings. Volatility over loan losses should calm. TD sold off TD Ameritrade. They can expand in the US even more, already a great franchise there, and increase returns. The bad news is already in the bank stocks. (Analysts’ price target is $79.00)
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Toronto Dominion (TD-T)
January 8, 2020
True, the Canadian banks haven't done well, but TD trades at 1.6x book, pays a 4% dividend yield, and trades at 10.6x earnings. There won't be much topline growth, but more bottom line due to cost savings. Volatility over loan losses should calm. TD sold off TD Ameritrade. They can expand in the US even more, already a great franchise there, and increase returns. The bad news is already in the bank stocks. (Analysts’ price target is $79.00)
PAST TOP PICK
PAST TOP PICK
January 6, 2020
(A Top Pick Jan 15/19, Up 9%) It was a bit disappointing in a year when the market did over 20%. It under-performed and is due for a reversion. The yield will be at the 4.5% area after the upcoming dividend increase. There is potential for them to do well in this environment.
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Toronto Dominion (TD-T)
January 6, 2020
(A Top Pick Jan 15/19, Up 9%) It was a bit disappointing in a year when the market did over 20%. It under-performed and is due for a reversion. The yield will be at the 4.5% area after the upcoming dividend increase. There is potential for them to do well in this environment.
TOP PICK
TOP PICK
January 3, 2020
It had a rare miss in Q4 on earnings. He has the most confidence of any Canadian bank that they will be able to recover. Over 50% of their business is in the US retail space. He expects a dividend increase as early as February. He thinks it should be trading about $80 next year. Yield 4.05% (Analysts’ price target is $79.00)
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Toronto Dominion (TD-T)
January 3, 2020
It had a rare miss in Q4 on earnings. He has the most confidence of any Canadian bank that they will be able to recover. Over 50% of their business is in the US retail space. He expects a dividend increase as early as February. He thinks it should be trading about $80 next year. Yield 4.05% (Analysts’ price target is $79.00)
HOLD
HOLD
January 2, 2020
It has been the best of the Canadian banks over 20 years. Banks are faced with the fact that they make money on the spread between lending and borrowing. That has been squeezed substantially. The entire banking industry has been facing that globally. The Canadian banks are incredibly strong but he thinks they will under-perform in the next 12 months. If you have held it for a number of years there is no reason to sell it.
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Toronto Dominion (TD-T)
January 2, 2020
It has been the best of the Canadian banks over 20 years. Banks are faced with the fact that they make money on the spread between lending and borrowing. That has been squeezed substantially. The entire banking industry has been facing that globally. The Canadian banks are incredibly strong but he thinks they will under-perform in the next 12 months. If you have held it for a number of years there is no reason to sell it.
PARTIAL BUY
PARTIAL BUY
December 30, 2019
Last quarter's bank earnings were weak. Loan loss provisions are starting to rise and are not offset by loans and mortgages. That's across the bank sector. The BOC is stuck: it can't raise or cut rates. TD is up 8% this year and trading at 11x earnings. Yields near 4% as it continues to grow at 10%. Buy a half position only, then see what happens in the next quarter.
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Toronto Dominion (TD-T)
December 30, 2019
Last quarter's bank earnings were weak. Loan loss provisions are starting to rise and are not offset by loans and mortgages. That's across the bank sector. The BOC is stuck: it can't raise or cut rates. TD is up 8% this year and trading at 11x earnings. Yields near 4% as it continues to grow at 10%. Buy a half position only, then see what happens in the next quarter.
BUY
BUY
December 27, 2019
He likes the Canadian banks and TD is one of the best. You could buy any of the Canadian banks. Declining interest rates has hurt the banks but the interest rates have very little downside from here.
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Toronto Dominion (TD-T)
December 27, 2019
He likes the Canadian banks and TD is one of the best. You could buy any of the Canadian banks. Declining interest rates has hurt the banks but the interest rates have very little downside from here.
Showing 1 to 30 of 1,835 entries

Toronto Dominion(TD-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 68

Neutral - Hold Signals / Votes : 16

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 89

Stockchase rating for Toronto Dominion is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Toronto Dominion(TD-T) Frequently Asked Questions

What is Toronto Dominion stock symbol?

Toronto Dominion is a Canadian stock, trading under the symbol TD-T on the Toronto Stock Exchange (TD-CT). It is usually referred to as TSX:TD or TD-T

Is Toronto Dominion a buy or a sell?

In the last year, 89 stock analysts published opinions about TD-T. 68 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Toronto Dominion.

Is Toronto Dominion a good investment or a top pick?

Toronto Dominion was recommended as a Top Pick by Ross Healy on 2020-03-16. Read the latest stock experts ratings for Toronto Dominion.

Why is Toronto Dominion stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Toronto Dominion worth watching?

89 stock analysts on Stockchase covered Toronto Dominion In the last year. It is a trending stock that is worth watching.

What is Toronto Dominion stock price?

On 2020-03-27, Toronto Dominion (TD-T) stock closed at a price of $56.77.