The backfill correction bespoken 5 days ago which is pulling MFC down might be exaggerated by the present general market tidal pull. It’s only a natural healthy oscillation and likely will not go past $18 range.
r
keep your shares the way is market now investor will buy high dividend stock.
j
been a long time holder. like the dividend and the company is reasonably safe. i sure wish it would break out above the low 20's though. you never know. maybe this will be the year. has anyone been in this since it was 48. i think that was in 2007.
C
This a hold forever stock. I inherited my shares and someone will eventually inherit them from me.
S
when are the next div dates?
G
MFC is on a nice but steep ascent. It may see some backfilling before it makes a charge to the $21.79 (USD) high it had earlier. What would help near term is an actual raise in interest rate as the BOC is pushing for. There is some concern though in Canada that rising the interest rates too quickly and too high may snuff out the recovery underway. For this reason I sense the odds for a price correction in MFC to backfill more likely near term than a continuation of the present unabated upswing.
r
nova scotia bank saw interest hike .25 at the end of next week.
C
If this stock stays above 26 when market Close I will have two 🥃🥃. I will enjoy the afternoon.
O
with expected 5 interest raise in Canada and 4 raise in the US this year, $mfc is going to be one of the best performers of the year.
K
Looking for the perfect portfolio for your TFSA? Three of the best Stocks to Buy and Hold; ENB.to RY.to MFC.to
L
Loving this high yield and valuation. Im loading up on financials/insurance companies for 2022. Im thinking tech will be mostly sideways for a while gl
J
Can someone explain to me in layman terms how interest rate rise positively impacts the income of this company ?
W
Can't believe after such a rally in price lately, P/E is still below 8...
S
Took a few days but we finally closed above $26! Time for those drinks!
A
2B shares outstanding, maybe it’s time to buy some of it back ;)
G
MFC has had a good run up the past two weeks. It just crossed it’s near term moving averages and has just pierced it’s upper Bollinger Band. The backfilling correction could start now if we see hesitation to cross over or deeply into the $20s.
C
Hanging on the edge of 26. It’s like a nightmare, Hoping for some kind of buffer to stay above 26, before market close. Someone out there please give me some assurance that it will stay above 26, and release me from the nightmare.
S
I can’t believe that I jumped in on this stock at $25 At least that divi payment covered 25% of my losses so far.
p
Could someone please tell me what the hell David Motemaden from Evercore ISI is giving this stock a 138 dollar rating?! Is it because of the technology sector?
d
can someone explain how this is trading under book value? it's not like they're losing money every year either...
Close I will have two 🥃🥃. I will enjoy the afternoon.
Three of the best Stocks to Buy and Hold;
ENB.to
RY.to
MFC.to
At least that divi payment covered 25% of my losses so far.