Manulife (MFC) Stock Rises 19% YTD: Will the Rally Last?
MFCMANULIFE(MFC) ZACKS·2024-08-21 00:56

Shares of Manulife Financial Corporation (MFC) have rallied 19% year to date, outperforming the industry’s increase of 12.3%, the Finance sector’s increase of 12.1% and the S&P 500 composite’s rise of 17.6%.A strong performing Asia business, expanding Wealth and Asset Management business and a solid capital position drive this Zacks Rank #3 (Hold) insurer. The company is one of the three dominant life insurers within its domestic Canadian market and possesses rapidly growing operations in the United States ...