Toronto Dominion (TD.TO) Buy, Sell or Hold

Toronto Dominion (TD.TO)

169.33

+0.70 (0.42%)

as of Jun 19, 2026, 8:00:00 pm Market Open.

1435 watching

BUY

Looking at US banks, their read through is very good. Loan loss reversals, investment banking is doing well. TD will benefit from this as well. All Canadian banks look good here. It is trading at a premium right now. Likes BMO more.

Wealthica Track your Stocks in your Watch List

BUY

Likes banks in general. TD is on the upper end of price. Likes the good price momentum, reasonable multiple, and return of reserves. The rising yield curve is good for the banks. Mortgage rates have started to go back up again. Payout ratio is good, earnings are good. US exposure is a positive right now. Retail trading has exploded.

BUY

Today is as good a day as any to buy it. They have a great presence here in Canada and a strong business in the US. He thinks restrictions on buying back shares or raising dividends will be loosened. It should be good for the stock price.

BUY

Likes it. Will benefit from trend of higher interest rates over the next 12-18 months. Net interest margin improvement is very important to get higher ROEs. Super high quality. Very well managed. Yield of almost 4%.

PAST TOP PICK

(A Top Pick Mar 04/20, Up 26%) It remains discounted to their peers. TD has had minor struggles in recent years, but he likes it long-term. He has reduced his overall bank weighting, but will stick with TD as his biggest bank holding. He hopes for a pullback. The rise in rates has pushed up this stock. That rise could continue into summer.

BUY

Canadian banks as a group are attractive right now. The entire space should fare well. US banks valuations have come up, whereas Canadian ones are still undervalued. He also likes RY and TD.

PAST TOP PICK

(A Top Pick Mar 10/20, Up 37%) It will be a good year for banks. Earnings were up 10% yoy and reached record high. Their provisions for credit losses are at 15 year low. Have to give kudos to the Canadian government. Has the strongest capital position among banks which will be deployed as soon as they can. The volumes of their discount broker is very busy and doing very well.

PAST TOP PICK

(A Top Pick Jan 08/20, Up 4%) Has developed a great US franchise that will continue to grow. Selling Ameritrade business to Schwab was a good move that will grow their retail business. TD is well-capitalized like all Canadian banks. Real estate is an ongoing worry in Canada, but TD has a diversified loan book and income stream--not just loaning money, but credit cards, asset management and investment banking. TD is not pricey at current levels, so you can buy it. Pays a great dividend. Banks will improve their cost structure, particularly in the back office. There may be an inflection point later where customers bank online and don't go to actual branches.

Wealthica Track your Stocks in your Watch List

Premium content

It's a Monthly Gems opinion which is available only for Stockchase Premium

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

Given their oligopoly, Canadian banks march in line, but TD (along with Royal Bank) remain the favourite of Canadian investors. The big reason is TD's large business in the States. It's 11.2x PE is also lower than the industry average of 12.6x. That said, expectations for TD as interest rates aren't expecting to leap anytime soon and will be lucky to rise 25 basis points in 2021.

HOLD

Canadian banks are under huge pressure with rates so low. Possible that rates go negative next year, and that's a tax on fixed income. One of Canada's strongest banks, along with Royal. They'll figure out a way to make money, no matter what the environment.

BUY

Canadian banks are still safe places to park your money. Cyclical area that's well positioned to benefit post-pandemic. Post-pandemic, loan provisions will fall, higher credit card use, more consumer spending. Good long-term. Keep an eye on disruptive fintech.

STRONG BUY

Huge fan. One of the best franchises, here and in the US. Trades at 11x earnings, not expensive. Well capitalized to cover Covid loan losses. Canada's regulatory system protects banks, unlike the US. Will see some depressed margins because of low interest rates, but diversified businesses help them make up revenue growth.

TOP PICK

She likes the Canadian banks. This is a core holding. They have one of the strongest capital bases out there. As the economy recovers this will be beneficial for the credit environment. Next year they will be allowed to increase dividends and buy back shares. (Analysts’ price target is $75.09)

DON'T BUY

The big risk for financials is if governments do not borrow enough. The banks are at these levels due to support from government. It has only risen above $70 a couple times in the past and it looks to be unsustainable. He would be cautious on banks.

BUY

About the best performing Canadian bank. Good, strong exposure to the US. Banks do well when yield curves steepen and they participate in the economic cycle. Very comfortable buying it here.

Showing 151 to 165 of 2,033 entries

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Toronto Dominion (TD.TO)