He likes it. It is a good insurance name, trading to a premium to other insurance names out there. They are looking for acquisitions where they can add to their portfolios. Nice dividend. Rising interest rates should benefit it. They have growth in Asian.
(A Top Pick September 7/17 Up 18%) This will be a big beneficiary if the yield curve steepens. They have grown their business in Asia, the US and India. He looks for 10% earnings growth annually and further expansion of the dividend.
(A Top Pick September 7/17 Up 18%) This will be a big beneficiary if the yield curve steepens. They have grown their business in Asia, the US and India. He looks for 10% earnings growth annually and further expansion of the dividend.
Buy or sell? Caught in a trading range on the chart. If it gets up to $54-55 range, sell, and then buy it back closer to $50. Not a bad yield, relatively safe. But until it shows signs of breaking out, better yields elsewhere.
Buy or sell? Caught in a trading range on the chart. If it gets up to $54-55 range, sell, and then buy it back closer to $50. Not a bad yield, relatively safe. But until it shows signs of breaking out, better yields elsewhere.
It is the safe, steady lifeco. They are in a dividend growing mode. It is a great company to own. A company they own in the US has had redemption issues, but it is a great company to retire on.
It is the safe, steady lifeco. They are in a dividend growing mode. It is a great company to own. A company they own in the US has had redemption issues, but it is a great company to retire on.
Manulife (MFC-T) versus Sunlife (SLF-T). He owned Manulife going into the financial crisis, but became concerned about management and sold out of their holdings. When Sunlife began to fall in sympathy they bought them – focusing on the preferred shares in particular. Manulife still has some questionable assets in the US and may not know how to offload them.
Manulife (MFC-T) versus Sunlife (SLF-T). He owned Manulife going into the financial crisis, but became concerned about management and sold out of their holdings. When Sunlife began to fall in sympathy they bought them – focusing on the preferred shares in particular. Manulife still has some questionable assets in the US and may not know how to offload them.
He likes lifecos for the long haul because society is aging for longer, so the lifecos defer their payouts longer. However, profitability in this business lies in the long-term disability sector, but no company now has a competitive advantage here. Look out for the one that does by reading their reports for what they say about disability insurance management.
He likes lifecos for the long haul because society is aging for longer, so the lifecos defer their payouts longer. However, profitability in this business lies in the long-term disability sector, but no company now has a competitive advantage here. Look out for the one that does by reading their reports for what they say about disability insurance management.
Technical analysis: The buyers are still buying despite the stock hitting a top, while sellers are waiting for higher prices to sell. The buyers have more conviction than the sellers.
Technical analysis: The buyers are still buying despite the stock hitting a top, while sellers are waiting for higher prices to sell. The buyers have more conviction than the sellers.
He likes the insurance sector at this time. They are well diversified globally. They have a strong balance sheet with a large $7b excess capital position. Insurance companies tend to be more profitable when interest rates rise. Yield 3.6%. (Analysts’ price target is $57.92 )
He likes the insurance sector at this time. They are well diversified globally. They have a strong balance sheet with a large $7b excess capital position. Insurance companies tend to be more profitable when interest rates rise. Yield 3.6%. (Analysts’ price target is $57.92 )
Likes it more than Manulife Financial Corporation (MFC-N) as it is less exposed to Asia. Yield is OK. Caught on a range now. Good on the long term, a little boring in the present time. Has taken profits recently. Low risk stock.
Likes it more than Manulife Financial Corporation (MFC-N) as it is less exposed to Asia. Yield is OK. Caught on a range now. Good on the long term, a little boring in the present time. Has taken profits recently. Low risk stock.
They are well diversified. Rising interest rates will be good for them. He would lean into the U.S. insurance space as he prefers a little more laser focus. Overall, he would favour investing in US financials, such as Schwab or E-Trade instead of insurance.
They are well diversified. Rising interest rates will be good for them. He would lean into the U.S. insurance space as he prefers a little more laser focus. Overall, he would favour investing in US financials, such as Schwab or E-Trade instead of insurance.
(A Top Pick Sep. 7/17, Up 16%) They are doing very well. Earnings grow 10%. Dividend is growing and it is still a core holding. They are not making many mistakes and are a little less risky than MFC-T, although he still holds both.
(A Top Pick Sep. 7/17, Up 16%) They are doing very well. Earnings grow 10%. Dividend is growing and it is still a core holding. They are not making many mistakes and are a little less risky than MFC-T, although he still holds both.
A core position for him. Consistent dividend growth and it's long been reporting strong earnings. He likes their wealth management business which will benefit from Baby Boomers retiring and needing management (i.e. annuities).
A core position for him. Consistent dividend growth and it's long been reporting strong earnings. He likes their wealth management business which will benefit from Baby Boomers retiring and needing management (i.e. annuities).
He would choose an insurer with more global scale like PRU-N. He does not dislike SLF-T but they had quite a run and PRU-N is a better opportunity.
He would choose an insurer with more global scale like PRU-N. He does not dislike SLF-T but they had quite a run and PRU-N is a better opportunity.
(A Top Pick Mar 17/17, Up 8%) He would have expected it to do better. It is very well diversified and is big in wealth management. It has growing exposure in Asia. It is well capitalized and well managed. He is staying with it.
(A Top Pick Mar 17/17, Up 8%) He would have expected it to do better. It is very well diversified and is big in wealth management. It has growing exposure in Asia. It is well capitalized and well managed. He is staying with it.
This trades at a premium (compared to Manulife) now, and historically. The gap has widened recently. They have more fee-based revenues in their business, which is preferable. He generally prefers Intact Financial for insurance investments.
This trades at a premium (compared to Manulife) now, and historically. The gap has widened recently. They have more fee-based revenues in their business, which is preferable. He generally prefers Intact Financial for insurance investments.
He likes it. It is a good insurance name, trading to a premium to other insurance names out there. They are looking for acquisitions where they can add to their portfolios. Nice dividend. Rising interest rates should benefit it. They have growth in Asian.