RE:Toronto-Dominion Bank Is NOT Severely Undervalued
I would think twice before going with this analysts CIBC recommendation. CIBC is cheaper because it keeps messing up US expansion while TD has consistently nailed it and is currently the 10th largest US Bank. CIBC is also the most exposed to the CDN housing bubble. Interesting article and he makes some good points but misses the mark on many more. As for CIBC... https://www.bnn.ca/cibc-exposure-to-mortgage-market-extraordinarily-high-analysts-warn-1.621015