Toronto-Dominion Bank T.TD

Nasty

[traderfrom]

Nasty drop for bank like Td but sellers are right they don't want to keep this dirty dog so many other good investments available this will be Seller in any uptick as tax loss selling coming in

[Warosar]

At some point it has value, but she's nasty right now lol.  Maybe we get a flush down to $70-72 level, which has been the line in the sand since 2021.  If that breaks, we are going into the mid $60's.

[HoneyBadger77]

My guess is that if TD was going to retest its 52 week low or go below, it would have done it already. Having already shaved off ~ $11.00 a share or ~ $19 Billion CAD off of TD's market cap in about a week seems just a little overdone to me considering that the US regulator settlement results were already largely anticipated.  I don't believe any analyst that says they weren't at

[vinebills]

As per the latest quaterly results 14.1B cad is their revenue of which US contributed 3.5B cad ( 2.9B NII and 600M non int income). The stock is dropping as though the 2.9B NII is going to be 0, that 2.9B might not "Grow" for a while but they have lot of room for growth in WM, TD sec etc. TD management has already told us they plan to sell low yielding assets and create room to continue

[Warosar]

It's possible that the sell off is ending, who knows.  I think there's value here, especially where you see the other CDN banks.  For Me though, when I look at the chart there is very little strength, if any.  I'd like to see the bulls hold a price level.