News Snapshot:
Manulife stock beat Sun Life in the last three-year period. It can potentially beat Sun Life over the next three years as well. Manulife (TSX:MFC) is a very interesting stock. The market doesn’t love it. At $25.78 per share at writing, it trades at about 8.1 times blended earnings, which is still cheap for a solid life and health insurance company that is expected to increase its earnings per share (EPS) by about 7% per year over the next three to five years. It offers a competitive dividend yield of close to 5.7% versus the best one-year riskless GIC (Guaranteed...
