FMS - 2 Bargain Stocks You Can Buy Today
Value-oriented investors have been having a tougher time finding deals out there amid such a strong bull run in the markets over the course of 2019. But there are still good deals to be found in this market if you know where to look or have someone looking for you. For example, here are two stocks that could prove to be bargain buys today.
Toronto-Dominion Bank (NYSE: TD) is coming off a less-than-exciting quarterly result where it disappointed investors by missing expectations. In the fourth quarter, the big Canadian bank's expenses crept up, chipping away at the company's bottom line. Adjusted earnings per share of 1.59 Canadian dollars during the quarter fell well short of the CA$1.74 that analysts were anticipating. A key reason behind the disappointing results is that TD's provision for credit losses increased by 28.5%, reaching CA$891 million.
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