Canada has 6 banks and the US has 9,000. TD should have taken warnings from the US regulator more seriously, before the regulators clobbered them with that penalty. TD should have changed their board and CEO faster and sooner; the market was upset with the lack of action and punished shares. Buying TD now at a discount and with the 3.5% dividend it pays is a bargain.
(Analysts’ price target is $87.44)
30% is too high, even the greatest stock of all time. Don't sell all of it, but gradually sell it down to 5% weight.