Bob StodgellBCE Inc.BCE.TOTOP PICKMay 20, 2008

Ask yourself this:  If he gave you the same amount of $$ you already have invested, would you buy the stock again? The world has changed. Premium pricing has come to an end. Valuation compression might be over. 

Owns it, but it's on a very short leash (ultimately to be recycled into something else). Yield is 5%.

Telcos have been under pressure for quite a while, extremely volatile. She owns none of them. Until she sees a sector turnaround, she's staying clear.

This name is still one of the Big 3. Still using capital to push into the US via Ziply. Good move to sell sports stake to Rogers. Rebuilding balance sheet, pivoting to fibre as the growth story. Turnaround still has some work to do, but it's taking the right steps.

Their dividend cut surprised the market. They did it to invest in the US. Shareholders depend on the dividend, so they sold. 

Cut dividend by 56%. Peak phone ownership is a headwind. Interesting story, not largely talked about, is its AI Fabric data centres. Like a sovereign Canadian AI play -- could create tailwinds. Other areas for better income.

Pricing pressure in the sector. Doesn't see appetite for another big telecom merger anytime soon. 

In the sector, he'd probably look at BCE or RCI.B.

His firm really doesn't buy turnaround situations. He wants things that are good and getting better, with positive catalysts and technically sound. As the stock comes off the bottom, you have all these people just itching to sell and get their money back.

Won't be a market leader anytime soon. Better places for your $$. If you can take a tax loss, he'd step aside.

The Saskatchewan data centre is positive news, but represents short-term pain for long-term gain. The deal reduces BCE's free cash flow this year from $3.5B to $2.3B, with $1.7B allocated to the project. For investors worried about capital expenditures, this may be troubling. However, it's likely the right long-term strategic move to generate higher-growth diversified revenue. Unlock Premium - Try 5i Free

It's likely seen its low last year. Not sure about their US investment, and faces competition in Canada. Just announced a data centre builld in Saskatchewan, which will increase capex short term, but beneficial long term. A good move. She hasn't returned to the stock yet, but is watching how the data centre plays out.

He'd own it for income, not expecting a lot of capital growth. Gives you a bit of stability and a nice dividend yield. Will struggle to grow. Improved share value over time by cutting costs and buying back shares.

In a taxable account, could consider selling for a tax loss (and maybe buy back after 30 days).

For the Canadian telcos, regulatory challenges won't go away. In response, the telcos pledged to invest in rural areas, but those areas now have Starlink. Also, Freedom Mobile and Quebecor have added a lot more competition. The telcos won't bounce back anytime soon.

For the Canadian telcos, regulatory challenges won't go away. In response, the telcos pledged to invest in rural areas, but those areas now have Starlink. Also, Freedom Mobile and Quebecor have added a lot more competition. The telcos won't bounce back anytime soon.

Likes it at this level. Dividend absolutely secure. Throwing off additional free cashflow, which will probably be used to reduce debt somewhat. Room to invest in some growth. Defensive, not growth. Possibly delivers double-digit returns over next number of years.

All the telecoms are debt-laden, and they have to pay interest on that. Unable to get pricing power from the 5G movement. Now we're coming up on 6G, so they're going to be spending more. But revenues aren't rising. Even YTD, these stocks are slipping. 

Still not a great entry point.