Do you know the nice safe feeling you get when you know you have insurance and you know your covered? Sun Life Inc. (SLF) is a company that provides that feeling for millions worldwide. It is a company that offers life insurance and wealth management services in North America, Europe and Asia. In the U.S. it is known as Sun Life Financial Corp. The U.S. market accounts for about half of its sales.
In January of 2003 the stock was going for about $20 a share. One year later $25. One year after that $35. In the spring of 06 $45. In november of 07 it reached almost $60 a share. Lately it had lost a bit and it is down to about $52. From $20 a share less than 5 years ago to over $50 now is still good growth. During this period it has not suffered any serious dips either with the exception of this last month really. Sooner or later all of the stocks in the market should start rising again and Sun Life will likely go up with them.
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