The Best High-Yield Bank Stock to Invest $1,000 in Right Now

If you are looking at banks, this high-yield ugly duckling that just got fined $3 billion is an attractive, low-risk turnaround story. Following the Great Recession, when U.S. banks were struggling, Warren Buffett famously stepped in to invest in Bank of America. It was a contrarian play, as the iconic U.S. bank was struggling badly at the time. Buffett is taking profits now that Bank of America has recovered. A similar contrarian opportunity exists today with Toronto-Dominion Bank (TD -0.90%). If you have ...