Manulife Stock Rallies 48% YTD: Time to Buy for Better Return?
MANULIFE(MFC) ZACKS·2024-11-23 01:40
Manulife Financial Corporation (MFC) shares have rallied 47.9% year to date, outperforming the industry’s growth of 31.5%, the Finance sector’s increase of 20.9% and the S&P 500 Composite’s gain of 24.4%. With a market capitalization of $57.4 billion, the average volume of shares traded in the last three months was 1.9 million.The strength of its Asia business, expanding Wealth and Asset Management business and solid capital position continue to drive this life insurer. Manulife is one of the three dominan ...