Post by
bartno12001 on Jun 13, 2024 5:16pm
analyst on td
christine poole on TD
BMO vs. TD -- both down, which one to buy? She'd pick this one (TD) right now, trades at discount of 9x forward PE. She's owned for many years as a core holding and is sticking with it until she can assess growth potential in the US. No one knows exactly what the penalty will be. An asset cap would be almost worse than a penalty.
It is still a Canadian bank, very profitable, increasing business from immigration, and with only 1/3 of revenues from US
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