Manulife Financial Corp (MFC) Hit a 52 Week High, Can the Run Continue?
MANULIFE(MFC) ZACKS·2024-11-08 23:16
Have you been paying attention to shares of Manulife Financial (MFC) ? Shares have been on the move with the stock up 7.3% over the past month. The stock hit a new 52-week high of $32.94 in the previous session. Manulife Financial has gained 46.1% since the start of the year compared to the 23.3% move for the Zacks Finance sector and the 30.4% return for the Zacks Insurance - Life Insurance industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't m ...