RE:Tdits looking very much like my royal bank friend will be right. lets see if we see 75
my thinking is that sellers are selling to buy Royal, national bank, cibc because its better to buy these banks and make money. 3 years later TD will be in the dumps and then you rotate the money into TD and make a killing. I have a feeling TD dividend yield will go over 6% in the next few months where possibly it will stay like that for the next 2-3 years just like it did with Scotiabank.
I think BMO or possibly even Scotiabank might become bigger than TD in market cap if the stock goes in low 60s and BMO goes up to 145 and scotia over 85..