Morningstar had a very positive rating for MFG calling the drop overdone and pointing to changes with the way it operates and current business possibilities . Valued it at fifty dollars. However my concern is that the shorter gain control and propel the price as they wish when they take hold of a stock regardless of true valuations. I think in a slow growth for equities world in the next few years actively managed funds with good management r more attractive then index type ETF's. I think most of the difficult decisions, drama and affect of not buying back n quickly has been done with MFG. Hopefully we will see a buy in from those now seeing value in the next six months.
MFG Price at posting:
$20.89 Sentiment: Hold Disclosure: Held
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