Q: Looking mainly for income and some growth in my retirement portfolio. Already have a full position of SLF.
I love the dividend that MFC provides but have little confidence in their growth. Do you feel that GWO:CA looks more promising?
Thanks as always.
GM
I love the dividend that MFC provides but have little confidence in their growth. Do you feel that GWO:CA looks more promising?
Thanks as always.
GM
5i Research Answer:
We do think GWO looks a bit better today, and the stock is acting better as well. But some consideration needs to be given to valuation, with GWO at 10X earning and MFC at 7X. This makes us essentially indifferent, but we like momentum so would still probably lean to GWO in a toss up.