Canadians love their bank stocks – and it’s easy to see why. They’re reliable, profitable, and have a history of steady dividend growth. By extension, Canadian investors also love bank exchange-traded funds (ETFs). There’s no shortage of options here. You can find equal-weight bank ETFs, mean-reversion bank ETFs, yield-weighted bank ETFs, dividend-growth-weighted bank ETFs, and…
Image source: Getty Images Toronto-Dominion Bank (TSX:TD) is in an intriguing position for investors right now. The bank, a staple of Canadian finance and one of the “Big Five” banks in the country, has seen its stock decline by about 17% this year as of writing. Yet for long-term investors, this downturn could be the…
Image source: Getty Images Shares of Bank of Nova Scotia (TSX:BNS) dived by as much as 4.8% in intraday trading on Tuesday after its latest quarterly earnings failed to meet analysts’ estimates. Although a recovery later during the session erased some of these losses, BNS stock still ended the day with a 3.4% decline at…
TD Bank (TSX:TD) and Bank of Nova Scotia (TSX:BNS) are the second- and third-largest Canadian banks by market capitalization right now, respectively. The stocks have delivered very different performances this year, and investors are wondering if TD stock or BNS stock is currently undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA)…
There’s more than a few great dividend options on the market right now. There’s also one magnificent Canadian stock that is trading down nearly 9% this year and has insane long-term potential. That stock is Toronto-Dominion Bank (TSX:TD) and here’s why this magnificent Canadian stock belongs in your long-term portfolio. Meet TD Bank a magnificent…
Canada’s big banks are great long-term holdings. That’s because they offer reliable revenue, intriguing growth prospects and pay out generous dividends. But in the face of market volatility, should investors buy, sell or hold bank stocks in 2025? Let’s try to answer that buy, sell or hold question by taking a closer look at one…
Figuring out the best stock to buy right now is never an easy task. But it’s one that’s well worth the effort, as it can help us maximize our investment returns. Let’s take a look at two stocks in one of the most lucrative industries, the financial industry. Which one is the best stock to…
Over the last year, the performance of Canadian bank stocks has been mostly good despite the many macro-economic concerns. This speaks to the financial strength of the Canadian banking system, as well as the optimism in the market. But what should we do about Canadian bank stocks now? Canadian bank stocks remain a core holding…
Toronto-Dominion Bank (TSX:TD) has been in the spotlight in 2024 by underperforming the broader market and other large Canadian bank stocks by a wide margin. On Thursday, TD stock took a big hit, dropping more than 6% to $81.76 per share, bringing its market cap down to $142.9 billion. This latest slide means the stock…
Image source: Getty Images. What do you look for in a stock you are planning on holding for decades, virtually forever? Stability is a well-understood trait, but if the stock is too stable and offers very limited growth, you will most likely lose money holding it, especially once you account for inflation. If you add…