Larry Berman CFA, CMT, CTATD BankTD.PR.T.TOBUY ON WEAKNESSAug 28, 2023

Banks have done well since Oct. Recent earnings gave given optimism to stocks. Recent pullback a good time to buy. Company not as strong as RBC, but has a large amount of cash. 

Owns shares in stock. Great business. Chart headed in the right direction. Thinks stock could hit $80 or $90. 

Believes inflation will be sticky, and interest rates will not come down. Believes pain to be felt on "main street" with mortgage renewals. Not a good sign for banks. Would wait for bank weakness before buying. 

Patient on performance of shares.
Not expensive at current share price.
Is a good long term investment (5-10 years).
Short term, expecting volatility.
Chance of recession in the next 1-2 years. 

Canadian banks under-valued at the moment.
Good investment for the long term.
Strong brand name excellent assets.
Recession not occurring as expected - good for business.

Canadian banks under-performing the past year due to interest rate hikes.
Concerns of a recession/hard landing also slowing growth.
Loan losses not materializing in banks.
Good time to buy shares.
2nd best bank behind RBC.

Expecting a hard landing/recession which will induce loan losses.
Not a good time to buy shares.
Wait for economic slowdown before buying.
Difficult to predict.

Disappointing recent share price performance.
USA M&A not going as planned.
Current under performance in banking sector wide spread.
Large bank with excellent brand.
Will continue to hold. 

Does not own shares.
Prefers Royal Bank.
Good long term investment (Canadian bank strong).
Rumors of weakness over stated. 

Recent weakness on share price given banking concerns.
Massive short position on shares.
Shares not performing well.
Earnings coming up soon.
Would wait to invest in business. 

Believes shares have been unjustly sold off.
Good time to buy for long term investors.
Excellent balance sheet with large earning potential.
Strong brand and place in Canadian customers mind.

If interest rates stay high, Canada will have problems (high debt levels).
TD Bank will do fine for the long term.
Well run bank. 
Good long term investment.