Manulife Financial $18.16 - Toronto symbol MFC

MANULIFE FINANCIAL $18.16 (Toronto symbol MFC; Shares outstanding: 2.0 billion; Market cap: $37.9 billion; TSINetwork Rating: Above Average; Dividend yield: 3.7%; www.manulife.ca) sells life and other related forms of insurance, as well as mutual funds and investment management services. In the three months ended September 30, 2015, Manulife’s earnings per share, excluding one-time items, gained 10.3%, to $0.43 from $0.39 a year earlier. Revenue rose 16.2%, to $7.48 billion from $6.44 billion. The company continues to expand in growing Asian markets. Right now, about 40% of its insurance premiums come from that region. Manulife ended the latest quarter with $888.0 billion of assets under management, up 34.0% from $662.5 billion a year earlier. A large part of the increase came from the Canadian insurance operations of U.K.-based Standard Life. Manulife bought those assets for $4.0 billion in late 2014. The stock trades at just 10.7 times its forecast 2016 earnings of $1.70 a share. Manulife raised its quarterly dividend by 5.6% with the June 2015 payment, to $0.17 from $0.155. The shares yield 3.7%. Manulife is a buy.

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Blue Chip Stocks

Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects. These are companies that also have sound management that should be able to make the right moves to keep competing successfully in a changing marketplace.

Dividend Stocks

Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.

Value Stocks

What are value stocks?

One of the sweetest and most profitable pleasures of successful investing is to buy high-quality “value stocks” (or stocks that are reasonably priced, if not cheap, in relation to its sales, earnings or assets), then hold on to them as mainstream investors recognize the value and push up the share price.

Growth Stocks

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ETFs

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Pat McKeough has been making investing for beginners simple—and profitable—by helping investors make big gains for more than 25 years. His advice to beginning investors is the same as it is for all investors: buy high-quality, mostly dividend paying stocks (or ETFs that hold these stocks) and evenly spread your investments over the five main economic sectors (Resources, Manufacturing, Finance, Utilities and Consumer). Pat also believes investors should avoid stocks in the broker/media limelight and focus on those with hidden or little-noticed assets.

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AI Investing

Artificial intelligence (AI) is essentially the merging of today’s big computing with big data. This has resulted in breakthroughs in everything from creating machines to recognize faces with more accuracy than a human, to the development of chatbots able to collect, organize and simplify all the Internet has to say on any topic.

Spinoffs

One of the ways a company can try to unlock its own hidden value is by creating a separate company out of a corporate subsidiary. The parent company can either sell stock in the new company to the public, or spin it off—hand the stock out to its own investors.

Penny Stocks

A penny stock in general trades for under five dollars a share, and as the name implies, sometimes for pennies. Most of the time they’re young companies, or start-ups in speculative markets like mining or technology.

Mining Stocks

Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.

Energy Stocks

What are energy stocks?

Businesses that work in the extraction, refining and delivery of energy sources such as natural gas, oil, uranium and coal, are considered energy stocks.