Insurers flush while investors wait for bank stock recovery

Tam News

Insurers flush while investors wait for bank stock recovery
DataGwoUnited States
  • 📰 globeandmail
  • ⏱ Reading Time:
  • 84 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 72%
  • Publisher: 92%

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

While many Canadian investors wait for the major banks to outperform again, the life insurance stocks are very healthy according to BMO analyst Tom MacKinnon,

“Excess capital positions remain robust for the Canadian Lifecos. At $10B for MFC, an estimated $7B for SLF , $1.1B for IAG and $250mm for GWO , they provide ample financial flexibility. This is a high class problem, especially after also taking into account the group’s strong organic capital generation. In light of this, and testament to management’s increasing confidence in continued strong organic capital generation, it’s of no surprise that share buybacks have picked up.

AIG, Sun Life and Manulife are all buying back shares thanks to strong capital positions. Analysts, like Darko Mihelic at RBC, continue to favour insurance stocks over banks.RBC Capital Markets analyst Rishi Jaluria uncovers the software stocks with the biggest room for growth, “In this primer, we focus on TAM . TAM is one of the four key pillars we see for a company’s path to profitability . TAM is arguably the most important, but also the most nebulous and difficult to measure of the four … We also analyze TAMs for 68 companies in our combined coverage universe, providing our own assessments on management’s estimates and, when possible, build our own TAM estimates.

“Dynamic #1: The upcoming severe shortage of powered US Data Center capacity … our concern that a looming US Data Center shortage is evident from a few data points: the mismatch in magnitude between our 2025 base case required US Data Center new build number to absorb the volume of GenAI chips being sold and the volume of Data Centers under construction in the US … Companies that may benefit include: owners of US merchant nuclear power sites Constellation Energy , Vistra , and Public Service...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in CA

Data Gwo United States Center Market Dynamic Capital SLF Public Service Enterprise Group AEP

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Seeing stability for Canadian REITs, a CIBC analyst previews earnings season and reveals top picksSeeing stability for Canadian REITs, a CIBC analyst previews earnings season and reveals top picksDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »

Copper miners down but not cheap, says Scotia analystCopper miners down but not cheap, says Scotia analystDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »

A ‘buy Canada trade’ has begun, says BMO’S chief investment strategistA ‘buy Canada trade’ has begun, says BMO’S chief investment strategistDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »

‘Must-know stats for investors’ from a BofA investment strategist‘Must-know stats for investors’ from a BofA investment strategistDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »

BofA’s ‘Canada Cycle Indicator’ points to TSX outperforming S&P 500 for next 12 monthsBofA’s ‘Canada Cycle Indicator’ points to TSX outperforming S&P 500 for next 12 monthsDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »

‘It’s time to begin’ for REITs, says BMO analyst‘It’s time to begin’ for REITs, says BMO analystDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »



Render Time: 2025-02-19 12:56:19