TSE:MFC

Manulife Financial (MFC.TO)

61.73
+0.23 (0.37%)
as of Sep 25, 2026, 5:17:02 pm Market Open.
1632 watching
0
PAST TOP PICK
(Top Pick Jan 29/10, Down 9.53%) Made some descent recovery recently. A booming equity market will really help them. But there are better place to put your money in the shorter term.
COMMENT
Insurance companies primarily invest in the bond market and with long bonds at record low yields, they aren’t making as much money as they used to. If, as he believes, interest rates are going higher in 2012 and beyond, earnings will accelerate, which would be bullish for insurance companies.
PAST TOP PICK
(Top Pick Jan 8/10, Down 14% Total Return) Had a rough ride and bought more, averaging down. A call on markets. If equity or interest rates go up, they do well. Could take 2 to 3 years but would hold on.
COMMENT
Has had a good recovery. Key to this one is how well equity markets are going to do as there is a concern that their equity products have some hidden liabilities in them. Speculative.
BUY
If stock markets are good in the next couple of months, then this will be good for a trade. He bought Great West Life because of dividend. Don’t be a afraid to take profits if you have an opportunity.
PAST TOP PICK
(A Top Pick Dec 14/09. Down 7.76%.)Expect he will be selling some for the year-end tax loss but would possibly re-purchase.
SELL
Has been a very challenging business for a company trying to manage their earnings in the face of very volatile equity market and interest rate environment. Difficult to predict earnings because of its extreme sensitivity to capital markets.
HOLD
Stock is finally starting to show some positive technicals. Just had a nice breakout and now has an upward trend. Seasonally should do quite well from Feb to May but hasn’t done that the last few years.
COMMENT
Leveraged play on stock market and interest rates. If you believe rates are going higher in the long run, stock should do well. Long-term prospects are weak. ROE days of 20% are over. It’s now a 10% ROE stock and he wouldn’t pay any more than BV, which is roughly where it is now. (He sold his holdings.)
PAST TOP PICK
(A Top Pick Dec 22/09. Down 21%.) Has faith that they are de-risking the company to a large extent. Hedged out a good portion of the equity exposure and selling a more conservative product. Feels profitability is going to improve.
HOLD
Hoping the worst is behind them. Passage of time will be what the stock needs. Great Asian operation with about 20% of their business coming from there. Trades close to Book.
DON'T BUY
Have some issues. Fairly valued. Needs better stock market environment and better yields. All insurance companies are down. If you own, Sell at around $18 and then Buy back cheaper.
DON'T BUY
Had a major sell off and is still under the trend line. It could likely come back and test the $10 level. Volume is falling and everything is negative.
TOP PICK
Still a lot of questions but likes that they will be concentrating on reducing volatility and risk. A contrarian play.
HOLD
Has been a major disappointment. In “no mans’ land” now and expects it to be a pretty big tax-loss candidate into year-end. Company is fine. If you don’t own, wait to see a little more reduction of their exposure.
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