Bullboard - Stock Discussion Forum Manulife Financial Corp MNQFF

Primary Symbol: T.MFC Alternate Symbol(s): MFC | T.MFC.PR.B | MNUFF | T.MFC.PR.C | T.MFC.PR.F | T.MFC.PR.I | T.MFC.PR.J | T.MFC.PR.K | T.MFC.PR.L | T.MFC.PR.M | MNLCF | T.MFC.PR.N | T.MFC.PR.P | T.MFC.PR.Q

Financial Services Insurance - Diversified

Manulife Financial Corporation is a Canada-based international financial services provider. The Company provides financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Its segments include Wealth and asset management businesses, Insurance and annuity products, and Corporate and Other segment. Wealth and asset... see more

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TSX:MFC - Post Discussion

Manulife Financial Corp > Jamie Murray -BNN - TOP PICK

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Post by Possibleidiot01 on Feb 16, 2024 2:31pm

Jamie Murray -BNN - TOP PICK

Manulife (MFC TSX)

Manulife is solving the problems of the past decade by selling underperforming assets at a decent price while its core business continues to perform well. Insurance sales in Canada are performing well, while Asia continues to recover from the COVID-19 pandemic. Problematic assets such as long-term care and variable annuity are proving to be saleable at decent multiples which should lead to a higher quality base of business as they are offloaded. Despite the 25 per cent move over the past year, we believe that shares have more upside as it continues to execute its strategy.

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