2013-02-22
| Signal | Price | Bias | Subject | Owned |
|---|---|---|---|---|
| BUY on WEAKNESS | $29.250 | BULLISH o n CDN DIVIDEND STOCKS | CANADIAN DIVIDEND | No |
Lifecos have had quite a run over the last little while. They are a proxy for investors for interest rates going up and equity markets doing well. From a purely operational perspective, he feels they are probably ahead of themselves but they do benefit on the assumption side from interest rates plus their ability to reinvest. They all have asset management operations.
Jeff Young
Sr. VP & CIO,
NexGen Financial