Great West Lifeco (GWO.TO)

Great West Lifeco (GWO) is regarded as a strong player in the insurance sector, characterized by stable earnings and relatively low valuations. The consensus among analysts highlights its solid dividend yield, which varies between 3.5% and 5%, and the potential for future increases in dividends, making it an attractive investment option. Despite some analysts noting it is currently trading at a high valuation relative to its growth profile, there is a general belief that it presents a good buying opportunity given its strong fundamentals. Comparisons with other financial stocks like Manulife Financial (MFC) suggest that while GWO has a lower beta, indicating less volatility, it still offers good quality assets and steady earnings growth. Overall, GWO is viewed positively, though some experts suggest waiting for a better entry point before buying.