Big move for TD Bank

TD BANK, $83.93, (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $149.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.2%; www.td.com) is a buy. The bank has just announced the acquisition of Cowen Inc. (symbol COWN on Nasdaq) for $3.9 billion.
Cowen provides investment banking, research, sales and… Read More

TD set to expand in the U.S.

TD BANK, $84.77, (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $152.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.2%; www.td.com) is a buy. The bank now expects to complete its $13.4 billion U.S. acquisition of Tennessee-based First Horizon Corporation (New York symbol FHN) in early 2023… Read More

Updating your Income-Growth Payers: Toronto-Dominion Bank

TORONTO-DOMINION BANK $87 is a buy. The lender (Toronto symbol TD; Income-Growth Payer Portfolio; Finance sector; Shares outstanding: 1.8 billion; Market cap: $156.6 billion; Dividend yield: 4.1%; Dividend Sustainability Rating: Highest; www.td.com) last raised your quarterly dividend with the January 2022 payment. Investors now receive $0.89 a share, up 12.7%… Read More

TD rebounds with economy

TORONTO-DOMINION BANK $95 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $171.0 billion; Price-to-sales ratio: 3.9; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.td.com) continues to benefit from rising loan demand and credit card use… Read More

TD profits with Schwab

TD BANK, $94.24, (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $169.9 billion; TSINetwork Rating: Above Average; Div. yield: 3.8%; www.td.com) is a buy. The bank merged its 43%-owned U.S. online brokerage firm TD Ameritrade Holding Corp. (Nasdaq symbol AMTD) with rival Charles Schwab Corp. (New York… Read More