What's the deal w MFCI haven't done a deep dive into MFC, looking for someone who might see something I don't. I've been lurking for a while, looking for the next sector or trend to hop into by flopping some oil gains (thank you stock market gods for good fortune) in the next 12-24 months.
MFC looks great from a value perspective, and insurance companies can do well in increasing interest rate environments, am I wrong?
The metrics look great, low PE, high dividend. What gives with the stock price? Are interest rate increases really impacting this name this much?
The 1, 3, and 5yr stock price for MFC are negative (sans dividends).
thanks and GLTA