skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. BNS: Do you prefer BNS or TD for total return potential from here? [Bank of Nova Scotia (The)]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Do you prefer BNS or TD for total return potential from here?

In other answers you seem to prefer TD overall as a better company, but with BNS being close to its 52-week low once again and with a yield of over 6.5%, wondering if BNS is the better pick at current levels?

I'm a young investor so long time horizon and no need for dividend income, thus looking more a total return potential.
Asked by Patrick on August 09, 2023
5i Research Answer:

BNS is getting more attractive, but with the US economy doing better than both Canada and Latin America, we would still side with TD today and its higher US exposure.