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Showing 1 to 15 of 334 entries
PARTIAL SELL
He's shied away from insurance companies, as lower bond yields aren't positive for them. Had a great run. Beat numbers handily last quarter. May not be sustainable. Assets are a bit of a black box. Great operators. Hold or trim.
insurance
BUY

He owns and likes both this and SLF. Both GWO and SLF have 52% revenue exposure from Canada, but SLF has a bit more Asian exposure and GWO has European exposure. GWO has outperformed the TSX since last April/May, but there's more to go. Both will benefit from rising yields. GWO's yield is about 4.73%.

insurance
BUY

GWO vs. MFC Likes Great West because of its strong yield of about 4.76%. CMF dividend is 4.63%. Both have performed well since March 2020. Quite similar. MFC provides more foreign exposure, especially Asia. Insurers are doing well now, and benefit from steepening yield curves.

insurance
COMMENT
GWO is the holding company of several lifecos, including London Life and Canada Life. GWO is cleaning up operations to cut costs.
insurance
BUY

GWO vs. SLF Insurance companies have done a lot to reduce their risk. GWO is cheaper than SLF, with a higher growth rate, but it hasn't been as steady eddy as SLF. Whole space is pretty cheap. Dividends are safe. Boring area. You can own both, but GWO is the better buy.

insurance
WAIT

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.

insurance
DON'T BUY
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%
insurance
BUY
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.
insurance
BUY
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.
insurance
DON'T BUY
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.
insurance
DON'T BUY
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.
insurance
COMMENT
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.
insurance
TOP PICK
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)
insurance
COMMENT

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.

insurance
WAIT

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.

insurance
Showing 1 to 15 of 334 entries

Great West Lifeco(GWO-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

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. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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 2021-09-24, Great West Lifeco (GWO-T) stock closed at a price of $38.47.