TSX:IFC - Post Discussion
Post by
retiredcf on Oct 06, 2022 6:30am
Top Pick
First stock in the clip; he and his family also own it personally. GLTA
https://www.bnnbloomberg.ca/video/james-telfser-s-top-picks~2535730
Intact Financial (IFC TSX)
Intact has been a consistent performer for many years as it has executed on its strategy to become the largest P&C insurer in Canada while also positioning itself for above-average growth in the U.K. and Ireland, as well as in the United States. Intact has a conservative management team, a strong balance sheet and operates in a predictable industry; a solid combination in volatile markets. Intact rarely trades at a below-peer valuation, but shareholders consistently get rewarded with mid-to-high teens return on equity and catalyst potential in the form of mergers and acquisitions.
TOP PICK
Intact Financial(IFC-T)
04/10/2022 at 08:00pm
Great replacement for MFC in your portfolio. Creating significantly more shareholder value. Expanding outside Canada. Stable. Excellent capital allocators. Predictable earnings, what you want right now. Yield is 1.95%. (Analysts’ price target is $214.14)
INSURANCE
James Telfser
$204.900
Owned
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