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November 20, 2021 10:45pm EST By Dimitri Kanellopoulos, BuyActive Pick of the year 2022 – (MFC) MONTREAL (BuyActive) – Here is my Pick of the year 2022 – Manulife Financial Corporation (MFC) When others are running away, my advice is, that’s the time to buy. I think MFC especially, doesn’t get the recognition it deserves and is still much undiscovered. In my opinion, anywhere around the current price level of $19.31 USD is a steal. MFC has been given my highest rating with 5 stars. I am extremely confident in MFC and want to say that it is a Long Term pick. Although the stock may fluctuate, this is a stock I think should be invested in for at least 5 to 10 years. Each stock I recommend has been evaluated to give you maximum earnings with a minimum amount of risk. Our target is to limit your downside risk while maximizing your profit by using sensible and realistic trading strategies. Any time I put my money on the line, I want to know the odds are on my side. You don’t have to be right 100% of the time, no one is. Nor do you have to perfectly time the ups and downs. All you need to beat the market is just one good pick and Pick of the Year will help you do just that! We do not promise unbelievable returns or a get rich quick scheme. We do believe that our visitors can achieve returns that are well above average by using BuyActive as a guide for their stock market investments. Dimitri Kanellopoulos, BuyActive With a peek into the future, here is my Pick of the year 2022 Manulife Financial Corporation (MFC) BuyActive Rating Price on November 20, 2021 10:45pm EST $19.31USD Key Statistics P/E Price/Earnings Ratio 7.20 — Price to Book Ratio 0.97 Price to cash flow Ratio 2.10 — Dividend Yield 5.33% Ex-Dividend Date Nov. 30, 2021 — Earnings Date Feb. 09, 2022 Corporate Profile: Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; And Corporate and Other segments. The Wealth and Asset Management Businesses segment provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, and financial advisors pension plan consultants and banks. The Insurance and Annuity Products segment offers deposit and credit products; individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. It also manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life and financial reinsurance, and fund management businesses. Additionally, the company holds and manages oil and gas properties; holds oil and gas royalties, and foreign bonds and equities; and provides investment management, counseling, advisory, and dealer services. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada. Third Quarter 2021 Financial & Operating Results Annual Report 2020 |