MFC Rallies 41.1% in a Year: A Signal for Investors to Hold Tight?

Manulife Financial Corporation’s (MFC) shares have rallied 41.1% in the past year compared with the industry's growth of 27.2%. The Finance sector and the Zacks S&P 500 index have returned 21.2% and 26.7%, respectively, in the said time frame. With a market capitalization of $53.21 billion, the average volume of shares traded in the last three months was 1.89 million. Currently priced at $30.52, the stock is slightly below its 52-week high of $33.07.MFC Outperforms Industry, Sector, S&P in a YearImage Sourc ...