Bullboard - Stock Discussion Forum Toronto-Dominion Bank T.TD.PF.M

Primary Symbol: T.TD Alternate Symbol(s): TD | T.TD.PF.A | TDBCP | T.TD.PF.B | TDBKF | TNTTF | T.TD.PF.C | T.TD.PF.D | T.TD.PF.E | TDOMF | T.TD.PF.I | TDOPF | T.TD.PF.J

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its Canadian Personal and Commercial Banking segment offers a full range of financial products and services to approximately 15 million customers in the Bank’s personal and commercial... see more

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TSX:TD - Post Discussion

Toronto-Dominion Bank > Teal Linde - BNN -PAST TOP PICK

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Post by Possibleidiot01 on Jun 17, 2024 3:48pm

Teal Linde - BNN -PAST TOP PICK

PAST TOP PICK

(A Top Pick Jun 19/23, Down 4%)Lowest level since 2021, but not finding a floor yet?

Take the bigger picture view. TD makes $14B in profit a year. So whether the fine is $2B or $4B, it's in a position to get through this. Remember that over the last 100 years, you never went wrong buying a Big 5 Canadian bank stock that was beaten down because of trouble. They always come back with a 100% success rate. Pays you a 5.5% yield while you wait.

Even the CEO mentioned it could get worse before it gets better. Don't buy a full position now, but you could start one.

banks

$73.910