Why I'm in No Hurry to Buy Bank of America Stock
My preference is to buy well-run companies when they are offering historically high dividend yields. It's inherently a value approach that takes advantage of Mr. Market's frequent emotional whims.
Right now, Bank of America (NYSE: BAC) is on my radar screen after the bank failures in early 2023. While I see the opportunity the mini-banking crisis earlier this year created, I'm happy to stick with my investment in Toronto-Dominion Bank (NYSE: TD).
Whenever I see a company that I believe is well run but has a historically high yield, the first question I ask is, "Why?" Sometimes a stock is cheap for a reason because there are major problems that won't be easily solved, and the stock is best avoided.
Source Fool.com
Toronto-Dominion Bank Aktie
52,13 €
2,69 %
Die Community ist gespalten bezüglich Toronto-Dominion Bank, mit 3 Buy- und 2 Sell-Einschätzungen.
Bei einem Kursziel von 86 € für Toronto-Dominion Bank deutet sich eine Steigerung von über 50% vom aktuellen Kurs von 52.13 € an.
