Manulife Financial Corp T.MFC

Recent TOP PICK....BNN

[yahearme]

2017-02-02

TOP PICK

Lyle Stein

He still likes it.  Interest rates are going to go higher especially with infrastructure.  He likes that it got hurt in the financial meltdown.  There is room for dividend growth and upside from the trend of rising interest rates.  He wants it in addition to banks.  (Analysts’ target: $26.61).

2017-02-01

TOP PICK

Michael Sprung

Ran into serious problems during the financial crisis and had to cut the dividend in half. They had to restructure, not only their balance sheet, but also their product line. They’ve made huge inroads expanding geographically. Although it has appreciated recently, it is a company that will appreciate very well in a rising interest rate environment. Has a very strong operations in the US. Their sales in Asia have been doing extremely well. Believes we are going to be seeing more dividend increases, probably in the near term. Dividend Yield of 2.96%. (Analysts’ price target is $26.61.)