Great West Lifeco | StockChase
313
Great West Lifeco (GWO-T)

Last Price Recorded: $35.2000 on 2017-11-17

ON STOCKCHASE SINCE Oct 2000

insurance

Great West Lifeco


Signal Opinion Expert

2017-11-13

COMMENT
Great West Lifeco (GWO-T)

The most conservative of the 3 lifecos in Canada. A lot of their business is more utilitarian, and they don’t take some of the risks the others do. As a result, they perform better across negative markets, but the leveraged companies have been doing better. They bought Putnam Funds in Boston, and have had difficulty getting that turned around. With Power Financial (PWF-T) you get this company at a discount of about 17%. He would use Power Financial instead.

insurance
Bruce Murray

CEO & Chief Investment Officer, The Murray Wealth Group

Price: $34.850
Owned: Unknown

2017-05-08

BUY on WEAKNESS
Great West Lifeco (GWO-T)

GWO-T vs. MFC-T.  MFC-T has the advantage of being a very diversified company, globally.  They have done well from that diversification.  He tends to prefer it to GWO-T, although he might use its weakness to buy.

insurance
Ross Healy

Chairman, Strategic Analysis Corp

Price: $34.910
Owned: Unknown

2017-04-28

COMMENT
Great West Lifeco (GWO-T)

This has always been one of the most profitable of the large life insurers. If you think we are going into a rising interest rate environment, the insurers are the ones who can benefit greatly. He would prefer owning Power Financial (PWF-T) over this because of its diversification, but also increases in dividends.

insurance
Michael Sprung

President, Sprung Investment Management

Price: $36.700
Owned: Unknown

2016-12-13

COMMENT
Great West Lifeco (GWO-T)

Great West Life (GWO-T), Sun Life (SLF-T) or Manulife (MFC-T)? He has quite a bit of exposure to life insurance right now through Manulife and Sun Life, and they both look very attractive. Interest rates are likely going to work their way slowly higher over the next several years.

insurance
David Burrows

President & Chief Investment Strategist, Barometer Capital Management

Price: $35.580
Owned: Unknown

2016-12-12

COMMENT
Great West Lifeco (GWO-T)

Great West Life (GWO-T), Sun Life (SLF-T) or Manulife (MFC-T)? This depends on quality and size, but if you are thinking of just keeping it very safe, Manulife and Sun Life would be the 2 he would zoom in on.

insurance
Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisory, Raymond James

Price: $35.550
Owned: No

2016-08-16

COMMENT
Great West Lifeco (GWO-T)

Great West Life (GWO-T), Sun Life (SLF-T) or Manulife (MFC-T)? As a group, the insurance companies have not done very well. Of these 3, Sun Life has relatively performed the best. A lot of the difficulties they have experienced has been a function of what has happened with energy, as they all have some energy exposure. Also low interest rates are generally negative for lifecos.

insurance
Christine Poole

CEO & Managing Director, GlobeInvest Capital Management

Price: $31.240
Owned: No

2016-08-11

PAST TOP PICK
Great West Lifeco (GWO-T)

(Top Pick Aug 20/15, Down 4.27%) The stock has balanced the stock’s valuation losses with its income.  This is a sector that needs interest rates to go up and after that there is nothing more to be said.  They will soften otherwise. 

insurance
Ross Healy

Chairman, Strategic Analysis Corp

Price: $31.390
Owned: Yes

2016-08-08

HOLD
Great West Lifeco (GWO-T)

A world-class insurance company with great assets, suffering from high interest rates. This is financially bulletproof and your dividend is secure.

insurance
Lorne Steinberg

President & Portfolio Manager, Lorne Steinberg Wealth Management Inc

Price: $31.570
Owned: Unknown

2016-08-04

COMMENT
Great West Lifeco (GWO-T)

Not an expensive stock from a valuation perspective. It survived the 2008 downturn, and has done a better job than some other insurers. However, this is going to have a difficult time going much higher. 4.1% dividend yield.

insurance
Paul Harris, CFA

Portfolio Manager and Partner, Avenue Investment Management

Price: $31.770
Owned: Unknown

2016-07-18

COMMENT
Great West Lifeco (GWO-T)

Negative interest rates leaking into North America will hurt insurance companies more than anyone else.  Best case scenario you are in a range.  You could add at the low end of the range, but negative interest rates leaking in from Europe are a big risk.

insurance
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Management Inc.

Price: $34.280
Owned: Unknown

2016-06-02

DON'T BUY
Great West Lifeco (GWO-T)

A well-managed insurance company, and has always had a relatively high ROE, but generally speaking it has been one of the lifecos where you have had to pay up for that return on equity. This is selling at 1.8X Book, compared to Manulife (MFC-T) at 1X Book and Sun Life (SLF-T) at 1.5X. He feels you are paying too much for this additional ROE.

insurance
Michael Sprung

President, Sprung Investment Management

Price: $35.010
Owned: No

2016-02-18

HOLD
Great West Lifeco (GWO-T)

A Fixed Perpetual Preferred. In this environment, you are probably all right with something like this. It’s an awfully good coupon. The Rate Reset has problems with being reset potentially lower. As an equity, it is kind of middle of the pack of the insurance companies in Canada. Not bad, but it struggles because of some of its assets mainly.

insurance
John Stephenson

President & CEO, Stephenson & Company Capital Management

Price: $34.940
Owned: Unknown

2016-01-11

DON'T BUY
Great West Lifeco (GWO-T)

It is a strong brand.  He prefers SLF-T and MFC-T, although owns neither.  They take in premiums and invest them in fixed income.  It is difficult for them to see a reasonable return on their cash.  There are easier ways to make money in the market.  He prefers Canadian Banks.

insurance
Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisory, Raymond James

Price: $32.990
Owned: No

2015-11-24

COMMENT
Great West Lifeco (GWO-T)

Great West Life (GWO-T), Manulife (MFC-T) or Sun Life (SLF-T) for the best upside? That’s a tough question, because he likes all 3. Insurance companies will do well in the economy he sees going forward. Lifecos have a little bit more torque on the upside with rising interest rates. Right now Manulife would be his favourite.

insurance
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $35.590
Owned: Yes

2015-10-20

PAST TOP PICK
Great West Lifeco (GWO-T)

(A Top Pick Sept 23/14. Up 6.37%.) If interest rates go up, he expects the stock to do even better. Still likes the stock as it is cheap.

insurance
Ross Healy

Chairman, Strategic Analysis Corp

Price: $33.460
Owned: Yes

Showing 1 to 15 of 313 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.