The Toronto-Dominion Bank (NYSE:TD) is one of the best stocks to buy now for long term growth.
On May 28, Jefferies lifted the price target on The Toronto-Dominion Bank (NYSE:TD) to C$151 from C$142, maintaining a Hold rating on the shares and stating that fiscal Q2 exhibited the company’s breadth, with solid contributions across the board
The firm also stated that further better-than-forecast capital markets results highlight that The Toronto-Dominion Bank (NYSE:TD) has enhanced that platform, noting that credit performance in the U.S. was compelling and management is confident that lending in the region should begin to pick up. For reference, in its financial results for the quarter ended April 30, 2026, The Toronto-Dominion Bank (NYSE:TD) announced that reported diluted earnings per share were $2.43, compared with $6.27 in the prior year period, while adjusted diluted earnings per share were $2.38, compared to $1.97 in fiscal Q2 2025. The Toronto-Dominion Bank (NYSE:TD) provides financial products and services.
Its operations are divided into the following segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, Wholesale Banking, and Corporate segment. While we acknowledge the potential of TD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.