| BUY | 34.060 | John O'Connell, CFA | Expects money will flow into this one. Good dividend yield and great exposure to Asia and China. Very strong balance sheet. Trading at age 17% discount to its NAV. | 2008-05-15 | |
| HOLD | 33.450 | Bruce Campbell | The underlying assets are Great West Life (GWO-T) and IGM Financial (IGM-T). In poorer markets, there is leverage on the mutual fund play. Great West reported the best numbers of the three Canadian life insurance companies but market concentrates on the Putnam group in the US. It will be fine. | 2008-05-09 | |
| BUY | 34.930 | Paul Harris, CFA | Came up quite a bit like many financials. Very well run. Have made some very astute acquisitions over the years. Have grown their asset management business. The US Putnam acquisition was very astute and will pay off longer term. | 2008-04-24 | |
| DON'T BUY | 34.350 | Gordon Higgins, CA, MBA, CFA | The main driver here is Power Financial (PWF-T) and its driver is Great West Life (GWO-T). So you really have to look at Great West to move Power Financial to move this stock. As a holding company, it tends to trade at a discount to NAV. Not representing a special buying opportunity at this time. | 2008-04-17 | |
| VAGUE | 31.350 | Robert Floyd | Has certainly fallen back, with some of their assets being exposed to the financial sector. At this stage is "overdone" | 2008-03-20 | |
| TOP PICK | 30.550 | David Baskin | Had terrific earnings in last quarter. Worth the risk. | 2008-03-18 | |
| BUY | 30.700 | Norman Levine | Long-term it is one of the best financial stocks to own. 2 main businesses, life insurance including Great West Life (GWO-T), London life and Canada life and the investment fund business including Investors Group (IGM-T) and Mackenzie. Being hurt because it is in the financial area. Long-term prospects are fabulous. Conservatively run. | 2008-03-10 | |
| BUY | 35.800 | David Baskin | Concern here is that insurance companies are huge holders of bonds, mortgage pools and related instruments. With the turmoil in the credit market people don't know what you might find in the books of a Great West Life (GWO-T) for example. Also, people are concerned with the stock market in the doldrums. He feels the stock is way oversold. Good buy at this price. | 2008-02-04 | |
| BUY | 36.900 | Peter Brieger | (Market Call Minute.) By it long-term as it is a great way to play the underlying companies. | 2008-01-11 | |
| BUY | 39.900 | Bruce Campbell | Good long-term value at this price. | 2007-09-25 | |
| PAST TOP PICK | 39.980 | David Baskin | (A Top Pick July 27/06. Up 30%.) Had been under priced. Still at a bit of a discount to its net asset value. | 2007-06-19 | |
| BUY | 40.020 | Michael Sprung | Is dominated by Power Financial. He owns Power Financial, because the earnings are identical, it's just a little cheaper.
Both are very good companies.
Next generation of management in in place.
Will go from the $250 level to $280 in the coming year and $350 the following year.
| 2007-06-15 | |
| BUY | 40.040 | Norman Levine | He owns power financial which is similar.
They just bought Putnam in the US, which is just now showing signs of turning.
A "no-brainer" for long term investors. | 2007-06-12 | |
| HOLD | 37.240 | Stephen Carlin | Good 1st quarters. Prefers Power Financial (PWF-T) slightly better. | 2007-04-05 | |
| Comment | 36.690 | Paul Harris, CFA | Stock is done very well. Incredibly well run company. Made a big acquisition of the Putnam Group in the US, which has to be settled and restructured. This may burden the stock for a little while. Good buy when the stock drops. | 2007-03-16 | |
| BUY | 37.750 | Chyanne Fickes | A holding company. Has done very well. Much cheaper than the banks. Very high quality management and very high quality assets. | 2007-03-12 | |
| Comment | 38.780 | Stephen Carlin | Prefers Power Financial (PWF-T) right now, largely because the components have very good growth prospects going forward. | 2007-02-14 | |
| DON'T BUY | 35.210 | Peter Brieger | Recently acquired Putnam Group, a major US mutual fund company. Holds great promise, but when you make an acquisition that size, it carries a risk trying to assimilate a large company into the business. Also, do they really understand US mutual fund business? | 2007-01-15 | |
| DON'T BUY | 35.110 | Steve MacInnes | Doesn't meet his environmental social governance criteria. | 2007-01-11 | |
| BUY | 34.800 | Norman Levine | Came off a bit in the last month or two, mostly because of rumours of a purchase of the Putnam Group, which would be a major purchase. Fabulous buy for them in the long run. There will be some earnings dilution in the near-term and stock has reacted. Any correction in the stock is a good buying opportunity. | 2007-01-09 | |
| BUY | 34.050 | David Burrows | Likes this company because they have such strong fee revenues, which is a very predictable cash flow. Companies with consistent cash flow have been a favourite in the market. Short-term issue is that they may buy Putnam Group in the US, which would be expensive. | 2007-01-08 | |
| BUY | 35.660 | Peter Brieger | Likes their group of companies. Prefers Power Financial (PWF-T) for its higher yield. They both have a good record of increasing dividends. | 2006-11-29 | |
| BUY | 36.250 | Arthur Heinmaa | They will continue to do well. | 2006-11-23 | |
| PAST TOP PICK | 35.810 | David Baskin | (A Top Pick July 27/06. Up 15.4%.) A whole bundle of assets, all of which seem to work pretty well. | 2006-11-21 | |
| PAST TOP PICK | 32.380 | David Baskin | It is up 4%. He still likes this company. Very attractive and he is still a buyer. | 2006-09-28 | |
| WEAK BUY | 31.750 | David Burrows | Power Financial (PWF-T) and Power Corp (POW-T) are both good companies and well managed. He prefers Power Financial. | 2006-09-13 | |
| SELL | 31.510 | Peter Gibson | There are some really interesting assets here, but profit growth is weak and it looks a little expensive. The deterioration of Great West (GWO-T) profit growth concerns him. | 2006-08-18 | |
| PAST TOP PICK | 31.100 | David Cockfield | (A Top Pick May 15/06. Up 2.3%.) Thinks the market is still a little concerned about the turnover of control with Demarais Sr. Still likes. | 2006-08-16 | |
| TOP PICK | 30.860 | David Baskin | A compelling value. Buying $1 value of the underlying companies for $.75. Pays a dividend. Safe. | 2006-07-27 | |
| PAST TOP PICK | 30.980 | David Cockfield | (A Top Pick May 15/06. Up 2%.) Thinks it has probably bottomed. Not a bad yield. Unwinding their European situation and will be coming into a lot of cash and will be very liquid. | 2006-07-13 | |
| BUY | 30.490 | Chyanne Fickes | Has treaded water for the past 2 years because of earnings problems in 02/03. However, the outlook for their 2 largest subsidiaries, Great West Life (GWO-T) and Investors Group (IGM-T) is quite good. Trading at a good multiple. | 2006-07-04 | |
| BUY | 30.580 | Chris Smith | A diversified financial company has delivered reasonable returns and growth. Management changeover coming, but he does not see an issue with this. Excellent long-term company. | 2006-05-29 | |
| BUY | 30.580 | David Baskin | A conglomerate which trades at a discount to its net asset value. Likes the dividend and the fact that it keeps going up. Buy this for the yield and the increase in yield. | 2006-05-25 | |
| BUY | 29.850 | Laura Wallace | Likes its underlying subsidiaries. Great West Life has lagged the other insurance companies because of a slower earnings growth. Has a great long-term record. A reasonably defensive investment. It’s Great West and IGM interest sensitive. | 2006-05-17 | |
| TOP PICK | 30.150 | David Cockfield | Holds a lot of very, very good assets. Has some assets in Europe that have been liquidated, which is good. Stock has come down. 2.6% yield. Suspects they will be doing something interesting in terms of acquisitions in the next little while. | 2006-05-15 | |
| TOP PICK | 32.470 | Bill MacLachlan | An excellent allocation of capital. Key assest are Great West Life, and Investors Group. Hasn't performed well over the last 12 months, but looking at the dividend yield, thinks it will perform well in the future. They bought on Mar 14th at $31.46, as 4% of their portfolio. (heavily invested).
The biggest risk is on the insurance side, if significant losses, or if interest rates plummet to extremely low levels.
| 2006-03-15 | |
| BUY | 31.850 | Jonathen Wellum, B. Comm, B. Sc | Power Corp is a cheaper way to get into financial services. Sometimes it is better growth than the financial services. He thinks it is a well run business and very respected and opportunistic and a nice little dividend. He owns a lot of Power Financial which is a kin to Power Corp | 2006-03-08 | |
| PAST TOP PICK | 31.380 | David Baskin | (A Top Pick Oct 6/05 No change.) A terrific buy at this price. Probably trading at about 70% of the value of its assets. | 2005-12-19 | |
| HOLD | 31.450 | Peter Brieger | Would prefer Power Financial (PWF-T). | 2005-11-29 | |
| DON'T BUY | 29.280 | David Burrows | If you are going to have an investment in a large diversified financial company, this one is a very well run business. He has some concerns on financial stocks in general. Doesn't feel it's time to buy financial stocks. | 2005-10-26 | |
| BUY | 29.220 | Norman Levine | A good holding for a long term investor. | 2005-10-25 | |
| TOP PICK | 30.200 | Bob Stodgell | A defensive play. Great assets. Globally diversified. Dividend of about 2%. Over the last 6 years, their dividend almost doubled. | 2005-10-13 | |
| BUY | 30.420 | David Cockfield | Likes it for a long term basis. He holds it and if it weakens off, he buys. A core stock. Good management. | 2005-10-12 | |
| TOP PICK | 31.190 | David Baskin | Financial services has been a good place to hide. If there is a recession in 2006, you'll want to own stocks like this. Very solid, well managed group. | 2005-10-06 | |
| Comment | 32.650 | Peter Brieger | Owns Power Financial (PWF-T) instead as he feels it is a cleaner, more purer play on Great West Life (GWO-T) and Investors Group (IGM-T). Likes the insurance and mutual fund sectors. | 2005-09-15 | |
| HOLD | 32.000 | Danny Tomka | Has done very well over the last few years. Great operator. Great asset. | 2005-08-24 | |
| BUY | 32.000 | David Baskin | Pays a nice dividend. A pretty good core holding. | 2005-08-16 | |
| BUY | 31.220 | Neil Wickham | Likes both Power Financial (PWF-T) and Power Corp (POW.SV-T), but Power Financial is slightly better value and potential than Power Corp. | 2005-05-30 | |
| DON'T BUY | 32.200 | Gordon Higgins, CA, MBA, CFA | Essentially a holding company and he always looks at these at a discount to value. It has been as high as 15% but is now around 3%. Would just as soon play the underlying security. | 2005-05-03 | |
| BUY | 31.210 | David Baskin | Has a better mix of assets than Power Financial (PWF-T). Probably there's a better discount to book value built into it also. | 2005-04-21 | |
| BUY | 31.240 | Rob Callander | In spite of the threat of higher interest, the financial sector is still good to be in. Likes the outlook for CI Funds (CIX-T) and AGF (AGF.NV-T). This is a good way to play the whole investors group thing. | 2005-04-20 | |
| TOP PICK | 30.800 | Martin Hubbes, CFA | The kind of a stock you can put in your portfolio and leave. This puts you as close to the Desmerais family as you can get and they are very savvy investors. Great subsiduaries such as Great West Life (GWO-T) and Investors Group (IGM-T). | 2005-03-21 | |
| BUY | 30.700 | Laura Wallace | All the Power group has done well, but out of Power Financial, Power Corp, Investors Group and Great West Life, they prefer Investors Group which has the best outlook. Great West has done really well. Wouldn't object to owning any of these, but they trade at a discount so you don't get the full benefit. Likes the European exposure in Power Corp. | 2005-01-31 | |
| BUY | 29.060 | Bill MacLachlan | The ownership of Investors Group and Great West Life are both significant in terms of capital appreciation of the stock going forward. Investors Group has not had that good a time of it. Thinks there will be some improvement. Compellingly cheap. A low risk way to play 2 financial services. | 2004-12-17 | |
| BUY | 28.710 | David Burrows | Has backed off a little and Power Financial has performed a little better. Likes both these companies. The growth is more attractive than in some of the banks. Not much risk. | 2004-12-10 | |
| BUY | 29.000 | David Driscoll | Very smart management. Prefers Power Financial because the dividend is higher. | 2004-12-08 | |
| BUY | 29.370 | Mark Jackson, CFA | A stock that you can put away and forget about. Exceptionally good management. Never gets overly expensive. Always seems to be 12/13 X earnings. 12/13% growth. | 2004-12-07 | |
| DON'T BUY | 29.420 | Don Vialoux | Financial services sector's seasonality is from the end of Sept to the end of December. In the last 10 periods, you would have made profits 10 out of 10 times with an average return per period of 10.3%. This one is still in an upward trend, but getting close to when you sell. | 2004-12-06 | |
| BUY | 28.700 | Rob Callander | Good company, but prefers Power Financial. | 2004-11-30 | |
| BUY | 29.010 | Laura Wallace | Excellent growth rates in both dividends and earnings. Good investment. More European exposure than Power Financial. | 2004-11-18 | |
| BUY | 30.070 | David Burrows | Prefers financials and life cos over banks at this time. | 2004-11-17 | |
| WEAK BUY | 30.290 | Peter Brieger | Not particularily interested in their European assets. Prefers Power Financial. | 2004-11-16 | |
| BUY | 29.960 | Bob Stodgell | Likes both Power Corp and Power Financial. Good long term holding. Well diversified and well managed. | 2004-11-11 | |
| BUY | 29.850 | Rob Callander | Should be in most portfolios. A huge amount of asset value. Nice dividend income. Lots of growth. | 2004-11-02 | |
| BUY | 28.900 | Gordon Higgins, CA, MBA, CFA | Prospects look good. | 2004-09-30 | |
| BUY | 28.570 | Paul Harris, CFA | A great organization. Owns some of the best franchises in the financial services industry. | 2004-09-17 | |
| BUY | 28.250 | Matt Baillie | Prefers over TSX Financial. | 2004-09-09 | |
| BUY | 28.030 | David Burrows | For a defensive holding, this and Power Financial are the 2 best. Well diversified. Likes better than the banks. | 2004-09-02 | |
| HOLD | 28.270 | Blair Wilson | Dividends are excellent. Hold onto these stocks. | 2004-08-31 | |
| VAGUE | 28.340 | John Zechner | Good company, strong balance sheet, and good dividend. But it will not make any money than you invest. | 2004-08-30 | |
| BUY | 27.500 | Martin Hubbes, CFA | Extremely well-run company. Great return on capital. Well-managed. | 2004-08-23 | |
| TOP PICK | 28.750 | Matt Baillie | Likes its holdings of Great West Life and Investors Group. GWL came out with great earnings through good synergies with Canada Life. | 2004-07-30 | |
| DON'T BUY | 27.710 | Danny Tomka | Expensive in their group. Would prefer some of the banks that have been beaten down a bit like Royal Bank. | 2004-07-22 | |
| BUY | 55.390 | Norman Levine | Exceedingly well run company. Would buy at this price. Growth prospects are good. They own Power Financial instead, but either one are good. | 2004-07-19 | |
| WAIT | 54.850 | Ron Meisels | Has been in a wonderful uptrend but is in the top of its range. Better to buy it at the bottom of its channel. | 2004-07-14 | |
| BUY | 51.600 | John Zechner | Trading right now at the some of its pieces. Usually holding companies trade at a discount. Well-managed. Good dividend. Have a lot of cash. | 2004-06-23 | |
| BUY | 51.250 | Michael Sprung | Exposed to good industries. A good value play. | 2004-06-21 | |
| BUY | 51.800 | David Baskin | The assets are quite good. An excellent long-term hold. Good price. | 2004-06-17 | |
| BUY | 52.450 | David Burrows | Prefers this over any of the Canadian banks. The businesses they own are all being managed very well. Has performed very well in the recent pullback in the market. | 2004-06-07 | |
| BUY | 52.250 | Mark Jackson, CFA | This company and Power Financial have been stalwarts. Probably won't see the performance that we have seen over the last 12 months. But steady growers and great assets. Good dividend increases. | 2004-05-28 | |
| BUY | 52.250 | Neil Wickham | Life insurance companies show up very well in their cash flow screens. Manulife is #1. Sun Life and Power Corp is second. | 2004-05-25 | |
| TOP PICK | 54.090 | Matt Baillie | This company has made money for their investors through the years. Steady grower. Good assets. | 2004-05-03 | |
| DON'T BUY | 55.700 | Peter Arender, CFA | Feels that this company and Power Financial look quite expensive. Could have 20/25% down side. | 2004-04-21 | |
| TOP PICK | 56.450 | Mark Jackson, CFA | Due for a dividend increase. Love the Power companies. | 2004-04-13 | |
| HOLD | 56.100 | Norman Levine | Power Financial and Power Corp. trade almost identically. Prefers Power Financial because it's a pure play in the financial area. | 2004-04-07 | |
| BUY | 53.250 | John Sinkins, CFA | Owns some great assets. Should do well for the rest of the year. | 2004-03-09 | |
| BUY | 52.900 | Michael Sprung | Prefers it to Power Financial, which he owns. It sells a little bit cheaper and the earnings are going to be about equivalent. Has some good long-term assets. Selling at a discount. | 2004-03-04 | |
| BUY | 51.950 | Norman Levine | Has a history of increasing dividends and buying back shares. A long-term holding. | 2004-02-23 | |
| DON'T BUY | 48.550 | Peter Brieger | Good company, but prefers Power Financial. | 2003-12-30 | |
| TOP PICK | 47.750 | Norman Levine | Owns Great West Life as well as the largest Mutual Fund, Investors Group and McKenzie Financial. At a discount to its net asset value. Strongest earnings and dividend growth. | 2003-12-04 | |
| TOP PICK | 44.800 | Fred Ketchen | Feels the financial services area is an attractive place to be. Have some strong assets. Feels the growth is there. | 2003-11-28 | |
| BUY | 42.110 | Michael Smedley | Probably the best blue chip stock in Canada. Prefers Power Financial. Reasonable dividend. | 2003-09-30 | |
| TOP PICK | 41.900 | David Baskin | Trading at a 25/28% discount to its holdings. Thinks the Canada Life deal was pretty good. Has a lot of money. | 2003-09-04 | |
| BUY | 42.890 | Richard Stone | A good organization. Well run. Lots of cash. Pretty smart management. | 2003-06-20 | |
| BUY | 42.850 | Gavin Graham | Owns Power Financial plus some European assets. Under valued. | 2003-06-18 | |
| BUY | 43.220 | Craig Porter | Their holdings of Great West Life and Investors Group have been doing quite well. | 2003-06-02 | |
| BUY | 40.550 | Mark Jackson, CFA | This stock and Power Finance are good places to put your money. Good solid dividend growth. Underlying assets are very strong. | 2003-05-07 | |
| BUY | 40.250 | Brian Acker, CA | Should have more upside. Prefers the cleaner play of Power Financial. | 2003-04-30 | |
| BUY | 37.600 | Laura Wallace | Well managed and well diversified. A good core holding. | 2003-01-22 | |
| BUY | 37.800 | John Zechner | Can give good single digit return over the long term. Has a lot of cash. | 2003-01-21 | |
Experts that have talked about Power Corp
