Which of the big 6 would you choose

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I was thinking about earnings coming up, the economy reopening and loan provision requirements dropping. Which bank do you predict will do best? (Or is this why you have added TD to the dividend bulls?)

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Asked on May 22, 2021 12:52 am
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It's very rarely not a smart decision to make investments in Canada's Big 6, whether it be TD or any of the other 5.

They're trading at all time highs, but the environment looking forward is bullish. Some are overbought, and might be due for a bit of a correction or consolidation. But, the stocks I personally time my entries on the least is my blue-chip core holdings.

Obviously the future is never guaranteed, but if we look back to the last 25 years, if you have a long term mentality, there would be no situation where you'd be upset with purchasing Canadian bank stocks.

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Posted by Dan Kent
Answered on May 24, 2021 11:31 am
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Hey there,

Near impossible to look at these quarter by quarter - it's not about picking the best bank for one quarter. In our opinion, TD Bank provides the best combination of value, growth and dividend at this point in time. As you pointed out, reason why we recently added it to our Bull List.

THat being said - all banks are likely to do quite well in this environment so we expect a strong bank earnings season across the board.

Mat

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Posted by Mathieu Litalien
Answered on May 22, 2021 8:40 am