Panic-Proof Portfolio TOP PICK
oronto Dominion(TD-T)
31/10/2023
Stockchase Research Editor: Michael O'Reilly
With cash reserves growing, debt being retired and shares being bought back, we reiterate TD as a TOP PICK. Its trading at only 10x earnings, 1.4x book and supports a 13% ROE -- good value for such high quality. Would recommend maintaining the stop at $74, looking to achieve $92 -- upside potential of 18%. Yield 4.8%
(Analysts’ price target is $92.18)
Banks
$77.190