Tuesday, December 9, 2014

Trade - Buy

I add to a my position Toronto-Dominion Bank (TD)

26 Shares @ 47.58 on 12-5-2014

This will increase my forward 12-months dividend by $42.64 to a total of $2,113.56

I updated my Portfolio to reflect the change.


My Last buy of TD was on October 10. Nothing really change. Here

They missed there EPS by $0.03. 



Morningstar (***) Fair: $47.00
S&P Capital (****) Fair: $68.40

Like TD at this level? Do you own it?

4 comments:

  1. Good move, FF. TD is attractively priced and not a bad place at all to add some shares.

    R2R

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    1. Thanks R2R, I agree. To bad I brought to soon, but it is ok. I plan to hold TD for a long time.

      Thanks

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  2. Good buy.

    My portfolio is underweight financials and I was looking at TD and BNS yesterday. Apparently, Canadian banks are down for two reasons. The first is tax loss selling by international investors because the Canadian dollar has tanked. The second is because as much as 30% of the administrative fees they collect come from the energy sector (but I have no idea what that represents in terms of revenue). So basically, this translation to a buying opportunity. My sister owns $20,000 of TD stock and it has treated her very well.

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    1. Nice stuff. I sure it will treat both of us well. :)

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