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PAST TOP PICK
(A Top Pick Apr 22/21, Down 1.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with GNW has triggered its stop at $3.75. To remain disciplined, we recommend covering the position at this time.
insurance

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PAST TOP PICK
(A Top Pick Apr 22/21, Up 3.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with GNW is progressing well. We now recommend trailing up the stop (from $3.00) to $3.75.
insurance

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TOP PICK
Stockchase Research Editor: Michael O'Reilly GNW is a long term care and mortgage insurer company. For the past four years, the company has been off analyst radar screens since it was in talks to be acquired by a Chinese company for $5.43 per share. Management officially ended the merger discussions this month, after 17 failed extensions. The company has been paying down debt and currently holds estimated cash reserves equivalent to $5.36 per share, yet the stock trades under $4.00. The company is looking to unlock trapped value in the mortgage insurance side of the business via a IPO. We would buy this with a stop loss at $3.00, looking to achieve $5.50 -- upside over 37%. Yield 0% (Analysts’ price target is $5.95)
insurance
WAIT

Mortgage insurer. This has traded at a low valuation multiple, and there have been concerns around the business for the last number of years, as people are worried about the Canadian housing market getting overheated and a possible correction. New mortgage regulations will curb business to some degree, and lead to a situation where maybe the quality of their customers are going to be higher, but with less people qualifying, giving potentially lower earnings. He would not be a buyer at this time as there are too many uncertainties as to how the new regulations are going to impact the mortgage insurance market, and more broadly what is going to happen to the Canadian housing market. Dividend yield of 5.8%.

insurance
COMMENT
He is Short a number of mortgage/housing companies including as this one.
insurance
BUY
Gone sideways for the past year, which is surprising as they did a big share Buy-Back and raised dividends. Market is worried about a housing bubble. 3rd quarter numbers were a bit disappointing. Some defaults are insured by CMHC. Very profitable business.
insurance
PAST TOP PICK
(A Top Pick Feb 9/06. No change.) Has been at $33 for some time. Sold some of his holdings and is considering selling the rest.
insurance
TOP PICK
A life insurance company with a long track record of profitability. A spin out from General Electric. General Electric will be selling the last third in the next month. When/if this happens, there will probably be a dip which will be a good time to get into the stock. You might see it $1/2 lower.
insurance
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Genworth Financial Inc(GNW-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Genworth Financial Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Genworth Financial Inc(GNW-N) Frequently Asked Questions

What is Genworth Financial Inc stock symbol?

Genworth Financial Inc is a American stock, trading under the symbol GNW-N on the New York Stock Exchange (GNW). It is usually referred to as NYSE:GNW or GNW-N

Is Genworth Financial Inc a buy or a sell?

In the last year, 2 stock analysts published opinions about GNW-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Genworth Financial Inc.

Is Genworth Financial Inc a good investment or a top pick?

Genworth Financial Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Genworth Financial Inc.

Why is Genworth Financial Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Genworth Financial Inc worth watching?

2 stock analysts on Stockchase covered Genworth Financial Inc In the last year. It is a trending stock that is worth watching.

What is Genworth Financial Inc stock price?

On 2022-05-16, Genworth Financial Inc (GNW-N) stock closed at a price of $3.94.