Trimmed weighting to insurance broadly and moved into utilities, renewables, and infrastructure. It is almost ridiculously cheap. Operating earnings are growing. They have growth in Asia. They are a cheap stock with a decent dividend. Tripped up with higher rates, as it affected their hedge book. Hold your nose and buy it. It will help your portfolio over time.
It corrected more than other financials in yesterday's rout. Their growth has been in China, so maybe they're getting hit by the Evergrande implosion. MFC has always reacted with more volatility than other financial stocks, like cutting their dividend in In coming years, he expects them to continue to do well. Prudential sold off some of its businesses, so this adds a little to MFC's underlying value, more than people give it credit for.
Very good managers. He'd definitely recommend it. He likes their Asian growth, which will be a high-growth sector in terms of insurance and wealth management. Dividend growth has been impressive for years. He's been adding to this for a long time. He likes MFC vs.
Don't own any of the insurance companies. There are other things that are better. Portfolio yield has come down over the last year. Many companies are now buying back stocks rather than paying dividends. Excellent dividend and cheap in terms of value. But it begs his imagination that with all that's going for it why the stock hasn't moved higher. Buy and hold on. Great dividend of 4. A blue chip Canadian name. Not his historic preferred name in insurance but it has turned a corner with some innovation investments.
These tips are for informational purposes only — contact a licensed advisor for advice about your specific situation. To help you stay the course, follow your long-term strategy, not necessarily your instincts. When in doubt, speak to your advisor. The information contained in this article is of a general nature only and should not be considered as personal investment or financial advice. For advice about your specific situation, please consult with your advisor.
Tips for dealing with market volatility. But we are reassured by the fact they have invested in the company. That shows significant buy-in, and may indicate conviction in the business strategy. Even though that's only about 0. Manulife Financial's earnings per share have taken off like a rocket aimed right at the moon. That EPS growth certainly has my attention, and the large insider ownership only serves to further stoke my interest. The hope is, of course, that the strong growth marks a fundamental improvement in the business economics.
So to my mind Manulife Financial is worth putting on your watchlist; after all, shareholders do well when the market underestimates fast growing companies. We don't want to rain on the parade too much, but we did also find 2 warning signs for Manulife Financial 1 shouldn't be ignored! Of course, you can do well sometimes buying stocks that are not growing earnings and do not have insiders buying shares. But as a growth investor I always like to check out companies that do have those features.
You can access a free list of them here. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation.
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