Top Cheapest Companies To Own For 2015

Top Cheapest Companies To Own For 2015: Sun Life Financial Inc.(SLF)

Sun Life Financial Inc., together with its subsidiaries, provides various life and health insurance, savings, investment management, retirement, and pension products and services to individuals and corporate customers. It offers individual life insurance policies, including individual term life, universal life, critical illness, disability, accident, and accidental death and dismemberment insurance policies; and group life insurance policies. The company also provides individual health insurance, long-term care insurance, group health benefits, dental benefits, and group insurance; and various individual and group annuity, retirement, and investment income products and services, such as mutual and pooled funds, variable and fixed annuities, savings, retirement and pension plans, and education savings. In addition, it offers asset management services for corporate retirement plans, separate accounts, public or government funds, and insurance company assets to institutional clients; and advisory services to individual investors. Further, the company provides run-off reinsurance services. Sun Life Financial Inc. distributes its products through direct sales agents, independent and managing general agents, financial intermediaries, broker-dealers, banks, pension and benefit consultants, and other third-party marketing organizations. The company operates primarily in Bermuda, Canada, China, Hong Kong, India, Indonesia, Ireland, the Philippines, the United States, and the United Kingdom. Sun Life Financial Inc. was founded in 1999 and is based in Toronto, Canada.

Advisors' Opinion:

• [By Amanda Alix]

  Insurance companies have created an entire industry based upon risk, and except for AIG (NYSE: AIG  ) during the financial crisis, it has worked out pretty well. So, it's not a stretch to imagine a large life insurer like Canada's Sun Life Financial (NYSE: SLF  ) assuming the ! pension liability for the Canadian Wheat Board's defined benefit plan in a recent $147 million deal, the first such accord in Canada's history.

• [By Patricio Kehoe] sport a 200% ratio. Moreover, the companys excessive capital should allow it to maintain the above average dividend yield of 2.66% offered to shareholders.

  Valuation

  Over the next five years growth in the Asian market will likely boost the overall modest premium growth rate, averaging it at 2%, while the total revenue CAGR recovers to 3% after the steep declines reported since 2012. Furthermore, Manulifes ROE will continue its current upward trend, increasing from 2013s 10.9% to an average 12% by 2018, accompanied by the steadily expanding net margins of 16.8%. While it will take some time for the companys growth to accelerate, I feel bullish about managements optimism regarding its business shift, and see the dividend yield and returns on equity as solid benefits for a long term investment. Moreover, the firm is currently trading at a 10% price discount relative to the industry average of 14.0x, making it a relatively inexpensive buy.

  Disclosure: Patricio Kehoe holds no position in any stocks mentioned.

  Also check out: George Soros Undervalued Stocks George Soros Top Growth Companies George Soros High Yield stocks, and Stocks that George Soros keeps buyingAbout the author:Patricio KehoeA fundamental analyst at Lone Tree Analytics Currently 5.00/512345

  Rating: 5.0/5 (1 vote)

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• [By Tim Brugger]

  Initially, the deal Sun Life Financial (NYSE: SLF  ) struck in December to sell its U.S. annuity portfolio and some life insurance products for $1.35 billion to Delaware Life Holdings, a Guggenheim Partners-owned company, was scheduled to be completed by Q2 of 2013.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-cheapest-companies-to-own-for-2015.html