TSX:MFC - Post Discussion
Post by
retiredcf on Aug 12, 2021 7:05am
Analyst Recommendation
https://www.bnnbloomberg.ca/video/brian-madden-discusses-manulife-financial~2258023
BUY
Manulife Financial (MFC-T)
10/08/2021
Likes it, continues to buy. Geographically well diversified. Q2 earnings last week look tepid on the surface. Earnings grew 6% Y/Y. Grew organically 17%, and this is respectable. Global wealth and asset management grew 50%. A secular grower. Undemanding valuation. Trades at 7.5x earnings. Good combination of quality, growth, value. Yield of about 4.5%.
INSURANCE
Brian Madden
$25.480
Owned
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