Are TD Stock and BNS Stock Smart Buys for Canadian Investors?

News Snapshot:

TD stock and Scotiabank both delivered earnings this week, so let’s look at whether now is the time to buy, or beware. Toronto Dominion Bank (TSX:TD) and Bank of Nova Scotia (TSX:BNS) are two Canadian banking giants often on the radar of investors looking for stability and dividends. Recent earnings paint a mixed picture, reflecting challenges and opportunities for those considering an investment. So let’s look at what’s going on with both the banks. Into earnings TD stock recently reported fourth-quarter earnings showing a decline in profits, largely due to issues in its U.S. operations. A US$3 billion penalty for...