Should You Buy Toronto-Dominion Bank Stock While It's Below $60?

The broader stock market fell into a quick bear market during the early days of the coronavirus pandemic. Toronto-Dominion Bank's (NYSE: TD) share price fell just like most other stocks during that period. And then the stock rallied strongly, just like many other stocks, hitting a peak of $85.That's when the wheels fell off and TD Bank, as it is more commonly known, went into a funk. The stock now trades below $60 per share. Is this a buying opportunity? Maybe, but you need to know what you are getting into first.The early days of the coronavirus pandemic were filled with fear and uncertainty. Add in the government pushing for social distancing and the closure of nonessential businesses, and you can understand why there was a recession.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool