Sun Life Financial Inc
SLF-T
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About Sun Life Financial Inc (SLF-T)
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It is a pretty safe company with a reasonable dividend. He would not buy it until there is a blow off. Insider selling has been very heavy. It is a leader in the Canadian field. If you want to put it away, it is a good one for that purpose.
It is a pretty safe company with a reasonable dividend. He would not buy it until there is a blow off. Insider selling has been very heavy. It is a leader in the Canadian field. If you want to put it away, it is a good one for that purpose.
Unsure why it's dropped a lot lately, but he likes the fundamentals of the insurers. Interest rates are rising and people are living longer, so the lifecos can collect premiums for longer. There is rotation between lifecos and banks, and that
could be happening now. Thinks SLF is the best Canadian insurance stock and believes in the insurance industry long-term.
Unsure why it's dropped a lot lately, but he likes the fundamentals of the insurers. Interest rates are rising and people are living longer, so the lifecos can collect premiums for longer. There is rotation between lifecos and banks, and that
could be happening now. Thinks SLF is the best Canadian insurance stock and believes in the insurance industry long-term.
He recently evaluated this space. As interest rates increase their long term liabilities should become more profitable. They are cleaning up their operational issues. He hopes there will be a market pullback, so they might be able to step back in. He actually prefers Manulife (MFC-T), but is watching both. He would love to buy both of these if the stock prices drop by $5.
He recently evaluated this space. As interest rates increase their long term liabilities should become more profitable. They are cleaning up their operational issues. He hopes there will be a market pullback, so they might be able to step back in. He actually prefers Manulife (MFC-T), but is watching both. He would love to buy both of these if the stock prices drop by $5.
He considers this a healthy yield that is likely to grown. It trades at only 11x earnings. It will be a beneficiary of rising interest rates, which he expects to continue. He expects 10% earnings growth for the next 3 years. This is the largest foreign insurer in Asia (India), which offers huge growth possibilities. Its MFS American operations have turned around. Yield 3.8%. (Analysts’ price target $58.54)
He considers this a healthy yield that is likely to grown. It trades at only 11x earnings. It will be a beneficiary of rising interest rates, which he expects to continue. He expects 10% earnings growth for the next 3 years. This is the largest foreign insurer in Asia (India), which offers huge growth possibilities. Its MFS American operations have turned around. Yield 3.8%. (Analysts’ price target $58.54)
The expectation is that the rate is going to invert next year. That is not good for banks and particularly bad for insurance companies. If you believe that next year is the great inversion, you don’t want to own any financials. Avoid.
The expectation is that the rate is going to invert next year. That is not good for banks and particularly bad for insurance companies. If you believe that next year is the great inversion, you don’t want to own any financials. Avoid.
He likes the life insurance industry and owns three companies in that space. Sun Life is the Canadian company that he likes. He prefers it to Manulife. He thinks it is better managed, with better exposure to interest rates. He likes the amount and quality of international diversification of Sun Life.
He likes the life insurance industry and owns three companies in that space. Sun Life is the Canadian company that he likes. He prefers it to Manulife. He thinks it is better managed, with better exposure to interest rates. He likes the amount and quality of international diversification of Sun Life.
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