Toronto Dominion Bank (TD) NewsBite - TD Starts The Week Off With Gains

Posted: Monday, November 09, 2009 10:10 AM EDT

Toronto Dominion Bank (NYSE: TD) opened at $61.55. So far today, the stock has hit a low of $61.55 and a high of $61.95. TD is now trading at $61.87, up $1.91 (3.19%). Over the last 52 weeks the stock has ranged from a low of $25.86 to a high of $65.29. Shares of TD are rising with the rest of the market this morning after G-20 leaders pledged over the weekend to keep economic stimulus measures in place in the near term, setting off an early rally. Technical indicators for the stock are and S&P does not currently have a STARS rating for TD. If you are looking for a hedged play on TD the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 50 range. [ABR-Seven Summits Strategic Investments NewsBite]

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