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Compiling comments that experts make about stocks while on public TV.

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2012-10-22

Opinion for Sunlife Financial (SLF-T)

Signal Price Bias Subject Owned
BUY $24.770 CAUTIOUS CANADIAN LARGE Yes

If you are investing for 3 to 5 years the life-cos should do well. This quarter they are having a slight improvement. The interest rate environment is not good. We are going to see some adjustments to their longer term assumptions in terms of investment rates. This has been more than discounted in the price. Life-cos could participate in fairly significant capital appreciation if we have positive equity markets and interest rates rise, which he feels will happen.

Michael Sprung
President, Sprung Investment Management http://www.sprunginvestment.com/

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2 Comments

wmackay

October 22nd 2012 at 5:37pm

Unless rates change, lifecos will languish. - I think that after rates increase, then SLF will improve.

Frodo

October 23rd 2012 at 1:42pm

LifeCo's and Banks always seem to do ok. There is an occasional glitch but overall they are a safe investment. (IMHO)

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