Why Hold Strategy Is Apt For Manulife Financial (MFC) Now
Zacks Investment Research | Sep 16, 2019 11:07PM ET
Manulife Financial (NYSE:MFC) is well-poised for growth driven by its sturdy Asia business, expanding wealth and asset management business and strong capital position.
Its return on equity was 13.3% in the trailing 12-month period, higher than the industry average of 9.9%. Return on equity is a profitability measure that identifies a company’s efficiency in utilizing its shareholders’ funds. Over the medium term, the company estimates return on equity of 13%.
The company has an impressive the complete list of today’s Zacks #1 Rank stocks here .
Health Insurance Innovations operates as a cloud-based technology platform and distributor of individual and family health insurance plans, and supplemental products in the United States. The company delivered positive surprise of 104.00% in the last reported quarter. The stock sports a Zacks Rank #1.
Primerica provides financial products to middle income households in the United States and Canada. The company delivered positive surprise of 3.2% in the last reported quarter. The stock carries a Zacks Rank #2 (Buy).
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