Great West Lifeco

GWO-T

TSE:GWO

23.81
0.01 (0.04%)
Great-West Lifeco is an insurance centered financial holding company that operates in North America, Europe and Asia through 5 wholly owned, regionally focused subsidiaries.
More at Wikipedia

Analysis and Opinions about GWO-T

Signal
Opinion
Expert
WAIT
WAIT
June 12, 2020

GWO vs MFC vs SLF? In general, he thinks all insurance companies are safe here. They don't have the threat of rising loan losses, like the banks do. They trade cheaper than the banks. Capital ratios are solid. They are finding ways to deal with low interest rates. GWO has a good job. MFC is very cheap, compared to its peers. SLF has been the steady eddy of the group. He likes them all. He would buy now, but you might be able to purchase them cheaper in the next couple of months.

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GWO vs MFC vs SLF? In general, he thinks all insurance companies are safe here. They don't have the threat of rising loan losses, like the banks do. They trade cheaper than the banks. Capital ratios are solid. They are finding ways to deal with low interest rates. GWO has a good job. MFC is very cheap, compared to its peers. SLF has been the steady eddy of the group. He likes them all. He would buy now, but you might be able to purchase them cheaper in the next couple of months.

DON'T BUY
DON'T BUY
May 8, 2020
Very cheap? This is not the right environment for insurance companies. You have to think if interest rates are going to remain low going forward, it will be difficult for them to make consistent profits. He would look elsewhere. He would rather play in US markets with US dollars instead. Yield 8%
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Very cheap? This is not the right environment for insurance companies. You have to think if interest rates are going to remain low going forward, it will be difficult for them to make consistent profits. He would look elsewhere. He would rather play in US markets with US dollars instead. Yield 8%
BUY
BUY
October 1, 2019
Likes it a lot and recommended it a few weeks ago as yields have been bottoming and flattening out. Yields will rise long-term, he predict, which will benefit lifecos like this. GWO broke its downtrend at end-2018, rose, hit a second bottom (a double-bottom) and is now accelerating higher.
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Likes it a lot and recommended it a few weeks ago as yields have been bottoming and flattening out. Yields will rise long-term, he predict, which will benefit lifecos like this. GWO broke its downtrend at end-2018, rose, hit a second bottom (a double-bottom) and is now accelerating higher.
BUY
BUY
September 20, 2019
The Canadian insurance sector generally trades cheap, and the balance sheets look great. Insurance companies are cheaper and are capitalized cheaper than banks. GWO would be a fine name if there is no recession. Even with a recession, you have 5% dividends to weather the storm.
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Great West Lifeco (GWO-T)
September 20, 2019
The Canadian insurance sector generally trades cheap, and the balance sheets look great. Insurance companies are cheaper and are capitalized cheaper than banks. GWO would be a fine name if there is no recession. Even with a recession, you have 5% dividends to weather the storm.
DON'T BUY
DON'T BUY
August 12, 2019
There is value in it at $10 to $15 dollars. Insurance companies in a negative interest rate environment are tragic. This sector is a 'Hard Avoid' until the dust settles.
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There is value in it at $10 to $15 dollars. Insurance companies in a negative interest rate environment are tragic. This sector is a 'Hard Avoid' until the dust settles.
DON'T BUY
DON'T BUY
April 8, 2019
If you look at '07/08 you will get something similar in the next recession. With low interest rates they will not do well. This one has not grown for years nor made money for anyone.
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If you look at '07/08 you will get something similar in the next recession. With low interest rates they will not do well. This one has not grown for years nor made money for anyone.
COMMENT
COMMENT
December 21, 2018
General opinion of the sector The insurance group had run up earlier in the year as longer term interest rates were expected to rise. However, as short term rates have risen faster this has taken the wind out of the sails. There is still more upside in rates and with yields of 5%, it is a good long term holding. The MFC-T lawsuit over long term contracts will create uncertainty.
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Great West Lifeco (GWO-T)
December 21, 2018
General opinion of the sector The insurance group had run up earlier in the year as longer term interest rates were expected to rise. However, as short term rates have risen faster this has taken the wind out of the sails. There is still more upside in rates and with yields of 5%, it is a good long term holding. The MFC-T lawsuit over long term contracts will create uncertainty.
TOP PICK
TOP PICK
November 28, 2018
As rates rise, lifecos do well. GWL is now a value pick with low volatility. He likes its middling price momentum and solid 21% ROE. 1.4x price to book (vs. historic 2x), and trades at 7x earnings. Pays 5% yield and deecnt payout ratio. But they need to show they can redeploy capital into growth--they got the balance sheet to do that. (Analysts’ price target is $34.50)
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Great West Lifeco (GWO-T)
November 28, 2018
As rates rise, lifecos do well. GWL is now a value pick with low volatility. He likes its middling price momentum and solid 21% ROE. 1.4x price to book (vs. historic 2x), and trades at 7x earnings. Pays 5% yield and deecnt payout ratio. But they need to show they can redeploy capital into growth--they got the balance sheet to do that. (Analysts’ price target is $34.50)
COMMENT
COMMENT
November 13, 2018

All lifecos have underperformed. GWL has great assets in Canada, but Putnam Investments in the U.S. has been a drag on them. That said, lifecos are steady and will benefit from rising interest rates. She prefers others in this space.

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Great West Lifeco (GWO-T)
November 13, 2018

All lifecos have underperformed. GWL has great assets in Canada, but Putnam Investments in the U.S. has been a drag on them. That said, lifecos are steady and will benefit from rising interest rates. She prefers others in this space.

WAIT
WAIT
August 9, 2018

He owns Prudential instead. Should be a terrific time to own an insurer, but it’s not. Flattening yield curve is hurting them. Would wait to see movement in the long rates before buying. US should kick rates higher, which should help. Own the banks, which automatically benefit from growth.

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He owns Prudential instead. Should be a terrific time to own an insurer, but it’s not. Flattening yield curve is hurting them. Would wait to see movement in the long rates before buying. US should kick rates higher, which should help. Own the banks, which automatically benefit from growth.

BUY WEAKNESS
BUY WEAKNESS
June 6, 2018

A sideways pattern where you buy around $32 and sell near $37.

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A sideways pattern where you buy around $32 and sell near $37.

DON'T BUY
DON'T BUY
May 17, 2018

You expect all lifecos to do well on a rising interest rate environment. It is surprising that we haven’t had the big trade on the lifecos. He will gravitate toward banks more than lifecos now. He feels uncomfortable with the group at the moment.

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You expect all lifecos to do well on a rising interest rate environment. It is surprising that we haven’t had the big trade on the lifecos. He will gravitate toward banks more than lifecos now. He feels uncomfortable with the group at the moment.

BUY
BUY
March 29, 2018

At these levels he is predisposed towards lifecos. They underperformed the market, but things are setting up better for them with rising interest rates. He prefers Manulife Financial Corporation (MFC-T) but both are good long-term investments.

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At these levels he is predisposed towards lifecos. They underperformed the market, but things are setting up better for them with rising interest rates. He prefers Manulife Financial Corporation (MFC-T) but both are good long-term investments.

WEAK BUY
WEAK BUY
February 7, 2018

This is a good space. High dividends. Growth. Positive demographics. Doesn't know GWF as well as Sunlife or Manulife, but should get moderate to strong returns.

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Great West Lifeco (GWO-T)
February 7, 2018

This is a good space. High dividends. Growth. Positive demographics. Doesn't know GWF as well as Sunlife or Manulife, but should get moderate to strong returns.

DON'T BUY
DON'T BUY
November 21, 2017

Having a multiyear low in long-term interest rates last June, this is likely to creep higher for many years. Looking at insurance companies, rising rates are good for them. Being in a pretty good equity market, equity returns help the insurance industry. It’s a group he is quite interested in, and they could do well for many years. If he had to pick a Canadian insurer, he would probably pick Manulife (MFC-T) as the leader in the group. Technically it is acting the best and has a great global footprint with great growth in Asia. We are in a bull market, so you don’t want to buy a company that is not going up yet.

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Great West Lifeco (GWO-T)
November 21, 2017

Having a multiyear low in long-term interest rates last June, this is likely to creep higher for many years. Looking at insurance companies, rising rates are good for them. Being in a pretty good equity market, equity returns help the insurance industry. It’s a group he is quite interested in, and they could do well for many years. If he had to pick a Canadian insurer, he would probably pick Manulife (MFC-T) as the leader in the group. Technically it is acting the best and has a great global footprint with great growth in Asia. We are in a bull market, so you don’t want to buy a company that is not going up yet.

Showing 1 to 15 of 328 entries

Great West Lifeco(GWO-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 4

Stockchase rating for Great West Lifeco 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.

Great West Lifeco(GWO-T) Frequently Asked Questions

What is Great West Lifeco stock symbol?

Great West Lifeco is a Canadian stock, trading under the symbol GWO-T on the Toronto Stock Exchange (GWO-CT). It is usually referred to as TSX:GWO or GWO-T

Is Great West Lifeco a buy or a sell?

In the last year, 4 stock analysts published opinions about GWO-T. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is WAIT. Read the latest stock experts' ratings for Great West Lifeco.

Is Great West Lifeco a good investment or a top pick?

Great West Lifeco was recommended as a Top Pick by Greg Newman on 2020-06-12. Read the latest stock experts ratings for Great West Lifeco.

Why is Great West Lifeco 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 Great West Lifeco worth watching?

4 stock analysts on Stockchase covered Great West Lifeco In the last year. It is a trending stock that is worth watching.

What is Great West Lifeco stock price?

On 2020-07-02, Great West Lifeco (GWO-T) stock closed at a price of $23.81.