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

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

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

TSX:TD - Post Discussion

Toronto-Dominion Bank > The problem here
View:
Post by BSdetector2016 on Oct 11, 2024 10:15am

The problem here

is ascertaining how long this remains a dead-money stock. The fine was baked-in, nothing else. Regulators have basically said NO to any US expansion. If you want a good dividend stock this could be for you, however, capital appreciation is off the radar for years to come. Also, dead-money stocks tend to have heavy selling pressure at tax loss time. This is going lower I'm afraid.
Comment by Stocker46 on Oct 11, 2024 10:20am
Seems like a gross over-reaction on your part.. It will be back in the mid eighties by the end of the year.