Post by
retiredcf on Jan 25, 2023 7:57am
Increased Weighting
Income Model Portfolio
Increase TD Bank (TD) to a 4.0% Weighting
Trade Rationale – We continue to like the resiliency of the Canadian banking industry, and we feel that creating a stronger balance between our position in BNS and TD will help to benefit from increased diversification. We like the company’s expectations for growth this year and its strength in the Canadian banking industry. The company pays a 4.3% dividend and has shown an expansion in its margins over the past several years. (5iResearch)