He would prefer to go into a call than buying the security. He would prefer ZWB for a better yield.
Perpetuals are going to lose ground in a rising interest rate environment. He recommends the rate resets better. Good credit quality from the company perspective.
(A Top Pick April 12/17 - Up 16%.) Not bad for a Canadian Bank. Strong growth in the US. One of the three banks they owned. They are benefiting from the US tax reform.
Canada has a banking oligopoly. The banks are a cornerstone in their portfolios. TD is the second largest bank. 15 ROE. Trades at 13.5 times earnings. Should benefit from interest rates increases in the US and lower tax rates. Now and perennially a great bedrock to a Canadian Equity portfolio. (Analysts’ price target is $80.03)
(TD.PR.T-T) (A Top Pick Sept 30/13. Up 4.35%.) Has done a little bit better than expected. This is really defensive and more for the short-term investor.
TD Bank is a OTC stock, trading under the symbol TD.PR.T-T on the (). It is usually referred to as or TD.PR.T-T
In the last year, 3 stock analysts published opinions about TD.PR.T-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TD Bank.
TD Bank was recommended as a Top Pick by on . Read the latest stock experts ratings for TD Bank.
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.
3 stock analysts on Stockchase covered TD Bank In the last year. It is a trending stock that is worth watching.
On , TD Bank (TD.PR.T-T) stock closed at a price of $.
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.