Toronto-Dominion Bank
TD BANK, $75.67, is still a buy. Investors in the bank (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $137.2 billion; TSINetwork Rating: Above Average; Divd. yield: 3.9%; www.td.com) should now gain from the sale of its 43%-owned TD Ameritrade Holding Corp....
TD BANK, $75.26, is still a buy. Investors in the bank (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $136.3 billion; TSINetwork Rating: Above Average; Dividend yield: 3.9%; www.td.com) benefit from its roughly 42% stake in TD Ameritrade Holding Corp (Nasdaq symbol AMTD)....
Canadian bank ETFs can provide an attractive mix of safety, income and growth for investors. As well, top Canadian bank stocks are well known for their financial stability in the face of economic downturns.
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Canada’s top banks remain key investments for any portfolio, even as the possibility of lower interest rates and slower housing markets raise their risk levels. In fact, each of them is suitable for new buying. We do, however, see Bank of Nova Scotia (see page 81) and TD Bank as our top picks given their fast-growing international operations.
ROYAL BANK OF CANADA $101 (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $141.4 billion; Price-to-sales ratio: 3.4; Dividend yield: 4.0%; TSINetwork Rating: Above Average; www.rbc.com) earned $3.23 billion in its fiscal 2019 second quarter, ended April 30, 2019....
TORONTO-DOMINION BANK $78 (Toronto symbol TD; Income-Growth Payer Portfolio; Finance sector; Shares outstanding: 1.83 billion; Market cap: $142.7 billion; Dividend yield: 3.8%; Dividend Sustainability Rating: Highest; www.td.com) is Canada’s second-largest bank after Royal Bank, with total assets of $1.32 trillion.
TD gets 55% of its earnings from its Canadian retail business, which operates 1,100 branches....
TD gets 55% of its earnings from its Canadian retail business, which operates 1,100 branches....
Good Canadian stocks to buy are most often blue-chip stocks with a history of stability, dividend payments, and a well-established business
TD Bank reported higher earnings in the latest quarter for both its Canadian and U.S. businesses. The bank continues to increase efficiency, and profits, by improving its online and mobile banking platforms. This positions it for strong future growth—and it makes TD a top bank buy for safety-conscious investors.
TD BANK $77.54 (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $141.0 billion; TSINetwork Rating: Above Average; Divd....
TD BANK $77.54 (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $141.0 billion; TSINetwork Rating: Above Average; Divd....
We recommend most investors hold two to three of Canada’s Big Five banks; right now, our top two favourites are TD Bank and Bank of Nova Scotia.
We also advise adding non-bank stocks to your Finance sector holdings, including Great-West Lifeco and IGM Financial....
The best Canadian banks to invest in have a history of stability and paying dividends