A pedestrian walks past the Manulife building in downtown Vancouver.The Canadian Press
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Manulife Financial Corp., a stock that stands to benefit in a rising interest rate environment, has seen a favourable summer for its shareholders and over the past year has outperformed the S&P/TSX composite index by nearly 9 per cent.
This StockReports+ report suggests the stock may very well have further to climb.
StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. The average score for Manulife is now 10 out of 10, rising to that peak in mid-September mostly because of an improvement in its earnings component score. It is now among a small group of 68 stocks awarded the highest score.
Read more in this comprehensive report.
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