IGM Financial Inc
IGM: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >Wg | LOCK|Gh^ | LOCK|yPq$rXF |
IGM Financial Earnings: Markets Boosting Results and Strategic Investments Performing Well
IGM reported a strong third quarter with revenue up 14% year-over-year and adjusted EPS up 23% amidst rising markets and slightly improving flows. In addition, the firm marked up its stakes in Wealthsimple and Rockefeller. Shares popped 2% on the news.
