The Toronto-Dominion Bank (USA)
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Double Digit Gains in Cheap Banks
By Ken McGaha - June 17, 2013 | Tickers: RY, BNS, TD
Much has been written and said regarding the Federal Reserve’s monetary policy and the negative impact it has and will continue to have on the U.S. dollar. Much less has been written about how investors can protect the value of their dollars from depreciating while also generating exceptional returns and avoiding high risks. Those objectives can be achieved by investing in businesses that conduct their daily affairs in more »
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There Are Very Different Choices in Financials
By Matthew Frankel - June 16, 2013 | Tickers: C, JPM, TD
During the course of observing the markets before, during, and after the financial crisis, I noticed three specific categories that financial companies could be categorized into. The first are those companies who, through poor lending practice, high leverage, or other general irresponsibility were hit hard by the crisis. This category includes companies who failed, like Lehman Brothers, as well as companies who endured due to government help like Citigroup (NYSE: Cmore »)
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How to Play the End of the Commodity Super Cycle
By Salvatore "Sam" Mattera - May 22, 2013 | Tickers: ABX, FXA, GLD, TD
Since 2009, most commodities have been on a fairly strong, and sustained, run. But in recent months, that trend has shown signs of reversing. Some prominent fund managers have called for the end of the great commodities “super cycle” -- if that’s truly the case, how should investors position themselves?
The commodities super cycle
Along with equities, commodity prices largely plummeted during the financial crisis, bottoming early in 2009. Then more »
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The Best of the Big Retailers
By Matthew Frankel - May 13, 2013 | Tickers: TGT, TD, WMT
Lately it seems that almost the entire market has been making new highs daily, making it more and more difficult to figure out which companies are still good values and which have gotten a little bit ahead of themselves. This is especially true in one of my personal favorite sectors to invest in: retail. Retailers provide unique opportunities to capitalize on trends in consumers’ spending habits and market uncertainty. For more »
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Why I Like Canadian Bank Stocks
By Jody Kohut - April 27, 2013 | Tickers: BAC, BMO, CM, NA, RY, BNS, TD, WFC
In the search for stability and yield many core holdings include financials – in particular bank stocks. I personally like some of the Canadian banks at the moment. I know I’m not the only person to have suggested Canadian banks as an investment. I remember reading an article some time ago about someone recommending CIBC. Then he referred to the acronym as standing for the Canadian Imperial Bank of Communication more »
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Three Banks From Three Different Banking Sectors
By Ash Anderson - April 27, 2013 | Tickers: BBT, TD, WFC
In order to best situate yourself in the market, you should have exposure to a variety of sectors. The financial sector is an area that you can diversify into quite a lot. Within this sector, there are banks from around the globe, both big and small.
I bring to you my three favorite banks that come from three pretty distinct areas of the financial sector. From the larger side of more »
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Canadian Bank Looking To Gain More US Exposure
By Mike Thiessen - March 26, 2013 | Tickers: BMO, EPHC, TD
In December, Toronto-based TD Bank (NYSE: TD) announced that it had entered into an agreement to purchase the U.S.-based asset management firm Epoch Investment Partners (NASDAQ: EPHC) for just under $700 million. Although Toronto Dominion Bank does operate some bank branches in a few states, this purchase represents one of the largest direct investments that the company has ever made in the United States.
This deal comes as more »
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The Investor's Guide to Picking Canadian Bank Stocks
By Robert Baillieul - March 15, 2013 | Tickers: BMO, CM, RY, BNS, TD |
It's a challenge to pick among Canada's apparently identical Big-5 banks. In investment circles, most discussion is centered on which stock is the cheapest. But with each company pursuing diverging strategies, investors should base their decision on their own thesis.
Royal Bank of Canada
Thesis: With the worst of the financial crisis behind us, the global investment banking industry is poised for a rebound.
With $90 billion in more »
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This Is The Bank That U.S. Banks Should Try To Be Like
By Matthew Frankel - February 19, 2013 | Tickers: BAC, AMTD, TD
Toronto-Dominion Bank (NYSE: TD), a.k.a. TD Bank, is Canada’s second largest financial institution, with over 14 million customers. TD Bank is one of the few financial institutions that are actually doing better than it was before the crisis of 2008-09 due to the good credit quality of its loan portfolio and good strategic acquisitions. In my opinion, TD Bank is one of the best ways to gain more »
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A Poor Man's Arbitrage
By David Mercer - February 1, 2013 | Tickers: MRO, PBA, TD
In discount Direct Stock Purchase Plan (DSPP) investing, one advanced technique investors can utilize to achieve profits, is investing in a DSPP with optional purchase discounts in order to exploit the difference in share price between the purchase discount and the current market price. For example, Pembina Pipeline (NYSE: PBA), an energy transfer company operating in Canada, with a mediocre margin of 7.17%, but a manageable beta of 0 more »
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Inflation and the Dollar: Strategic Hedging in a Down Economy
By David Mercer - December 28, 2012 | Tickers: RDS-B, TD, UBS |
Due in part to quantitative easing (QE), recent actions by the Federal Reserve, and other negative externalities, the U.S. dollar could be headed for some trouble. One way to sidestep the oncoming currency crisis and current/future inflation is to hedge into foreign currency. Currently, a lot of investors are fleeing to the safety of gold and other commodities that produce no passive income; there's a better way more »
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Should You Invest in This Market-Maker?
By Mike Thiessen - December 6, 2012 | Tickers: KCG, BX, TD
On Nov. 28, Knight Capital (NYSE: KCG) confirmed that it had received two buyout offers from trading firms Getco Holding Company and Virtu Financial LLC. Both of these private companies have reportedly offered more than $1 billion for the electronic market-maker.
Based in Jersey City, New Jersey, Knight Capital is one of the largest electronic trading firms in the United States. The company specializes in routing orders from retail brokerages more »
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Beat the market and sleep well with this stock
By Steve Symington - November 13, 2012 | Tickers: COST, TGT, TD, WMT |
Famed economist Paul Samuelson once said "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas."
That's not to say investing can't be exciting; it's an amazing feeling to watch the positive effects on your portfolio after an investment thesis comes to fruition. Mr. Samuelson, however, had a point: If you think investing is more »
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Investing for TD's
By Christopher Lacich - October 31, 2012 | Tickers: AMTD, TD
Now that football season is here, "TD's" can only mean one thing: touchdowns. In the investing world, all of us as investors are also looking for touchdowns with our stock picks. Touchdowns in the investing world, like in football, produce winners. I have found two TD's that have a connection to those letters, and to each other, and may also produce two investing touchdowns.
The TD's that more »
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Tetrem Capital Management’s Top Stock Picks
By Meena Krishnamsetty - September 28, 2012 | Tickers: ABX, POT, RY, SU, TD
Tetrem Capital Management was founded in 2004 and focuses on identifying undervalued companies, assuming that mean reversion will bring temporarily overpriced or underpriced stocks back to fair value. Its manager, Daniel Bubis, previously served as chief investment officer at Assante Asset Management; assets under management at Assante grew by a factor of 70 during his time there. Tetrem has over $6 billion in Canadian dollars under management. See our full more »
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The One Bank to Buy
By George Liu - August 30, 2012 | Tickers: BAC, C, JPM, TD
On August 16, Global Finance released the results of its 21st Annual Ranking of the World's 50 Safest Banks. The ranking, which "has been a recognized and trusted standard of creditworthiness for the entire financial world," is evaluated along the lines of long-term credit ratings and total assets. U.S. financial heavyweights such as JPMorgan Chase (NYSE: JPM) and Bank of America (NYSE: BAC) were missing from the list more »
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TD Bank a Truly Disciplined Banker
By Bobby Shethia - August 25, 2012 | Tickers: C, JPM, TD, WFC
TD Bank (NYSE: TD) behaved like a truly seasoned banker and avoided the housing bubble, escaping the fate of its American cousins. As Amanda Alix wrote in Why these 5 Canadian banks rock, TD’s larger exposure to the Canadian housing market -- where their standards were not as lax -- helped.
With its peers floundering, TD remained healthy and cash rich, scooping up Commerce Bank, Chrysler’s finance arm and credit more »
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The Safe Haven of Canadian Banks
By Alex Thorburn-Winsor - May 2, 2012 | Tickers: CM, RY, BNS, TD
In times of financial uncertainty, it's best to look for safe, proven companies. Companies like the Canadian Big Five Banks. Collectively, Canada has the soundest banks in the world and have higher market implied ratings than any other country according to a recent Moody's report. Moody's recommends the banks to it's customers and has given all of the big five a credit rating of AA or more »
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Big Bank, Great Service, eh?
By Chad Henage - March 29, 2012 | Tickers: BMO, RY, BNS, TD
It's rare to hear anything positive said about big banks recently. In the last few years, many of the largest banks and financial institutions in the U.S., have been blamed for the problems in the economy. If you are looking for a bank with the size and clout of some of the biggest U.S. banks, but with the earnings power of some of the smaller banks, look to The Great White North. Our neighbors to the north Canada, might house some of the most consistently undervalued names in the financial industry. One in particular that I've come across is TD Bank (NYSE: TD). I recently wrote a post about how BB&T shows good organic growth in cash, loans, and deposits. In that post I discovered that BB&T is outgrowing PNC, SunTrust, and Regions Financial. If you are looking for an even better value than BB&T, look at TD.
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High Expectations For Royal & Toronto Dominion
By Maxwell Fisher - March 26, 2012 | Tickers: BAC, C, RY, TD |
If Royal Bank of Canada (NYSE: RY) were based in the United States, it would rank as this country's fifth largest bank by assets, with some $760 billion. It is the largest bank in Canada. Global Finance ranks Royal Bank as the 10th safest banking company in the world; the highest ranking American bank being Bank of New York Mellon (BK) at 25th. The highest ranking non more »