Intact Financial (IFC.TO) is another stock that no longer meets my screening criteria. As with Power Corp, which I am also selling, Intact’s price has risen so much that it is no longer good value. This is good.
- Sell IFC.TO @ $69.00
I originally bought Intact for $58.60 back on 13th May 2013. During my period of ownership the stock paid three dividends each 44c. The total gain was therefore $11.72 per share. This is a gain of 20.0% in 8 months. A good call.