Toronto-Dominion Bank T.TD

Shares were $75 two weeks Ago, no, BNN GURUs still say Don't

[DeanEdmonton]

12 month low is $73.67, was trading at $74 in June, $75 early July. At a $74 buy price, dividend is 5.5%, even at today's price it is yielding 5.1%. Despite all that, all the "Anaysts" say don't buy, too many shoes left to drop. What do they recommend, RY, which is actually my favourite Bank Share since 1981, but it has already shot way up. Remaining depressed banks are Laurentian (worst run Bank in Canada for at least 40 years), BNS (can't decide who they want to be, keep buying and selling Country banks looking for the magic) and CIBC (that has huge expposure to the Canadian Consumer). If I am going to buy a beat down Bank with a good upside, I will take my chances with TD over any of those 3. Time will tell who is correct.

[bartno12001]

totally agree with you. BNS has structural issues (latin america exposure) and plus they couldnt even afford a dividend increase. it will take a lot to fix BNS perhaps 5 years and lot of selling operations in different countries and then buying in North Ameica or Europe. CIBC is up too much already but i love this bank. at 50 it was an excellent buy.  i am also here and there on BMO. its a

[Red_Deer]

This SELF STYLED Market GURU Also PREDICTED that Parkland Industries PKI WAS Going to GO BANKRUPT !!!!! AND That CANDIAN WESTERN BANK - CWB__WOULD NEVER Become a  CREDIBLE BANK WRONG, WRONG on BOTH Counts eh !!!!!