TSE:BCE

BCE Inc. (BCE.TO)

30.47
-0.15 (0.49%)
as of Nov 12, 2026, 9:00:00 pm Market Closed.
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BUY
It has an extremely good dividend yield and is therefore a good income stock. He pared back a little because of concern over rising interest rates but is adding back now since it is well valued. Also adding to Telus.
BUY
Allan Tong’s Discover Picks BCE, owned by Bell which owns the phone lines that the internet runs on (though everyone ignores this conflict of interest) pays a 5.82% dividend, trades at 19.6x earnings and at a super-low 0.34 beta. BCE stocks, too, are wallowing around 52-week lows of $63, but the stock has beaten or met all of its last four quarters. Read 3 defensive stocks weather uncertain markets for our full analysis.
BUY
Apple vs. BCE for income Certainly, BCE generates income (he owns it), despite minimal revenue growth, though it's well-run. 5G may give it a bump. Pays a super yield. You don't buy Apple for income (the yield is low), but rather it's a growth company. The two stocks are yin-and-yang, but offer good diversity in a portfolio.
HOLD
Has been selling shares. Would rather own shares in Rogers as share price has fallen recently. Defensive holding, not much share price appreciation.
HOLD
TSX has been rocking and rolling. Good for dividend and defensive portfolios, but not his best idea. He's not a fan of paying high multiples for a low-growth businesses just because others are nervous.
BUY
Large capex spend this year will finally finish fibre to the home, a tremendous advantage over cable. Good job in wireless. Trading high. Likes long-term vision, assets, management. Defensive in this environment. Yield of 4.5-5% is going to increase.
HOLD
Trading at the top end of the PE range of telcos. 5G is going to be a big advantage. This is important, as they've spent lots of money on it, but it will benefit topline growth. Core businesses continue to do well. Nice yield of over 5%.
TRADE
He is bullish on Telcos which do well in this environment. Some clients own BCE in their portfolios. Valuations are high and the dividend is not necessarily fully covered today but hopefully in a year. He prefers Telus which is better run with interesting assets and certainty of dividend growth.
PAST TOP PICK
(A Top Pick Apr 21/21, Up 26%) Still likes it within the sector. Canada's predominant player, though Telus is not far off. Core holding. Doing well with fibre, among the top in Canada. Yield approaching 5%.
BUY
Preference in the market for commodities, defensive companies and yield in the market. Rising interest rates not historically good for telecom industry. Sector looks attractive. Lots of money flowing into the business. A good name to hold if you already own it.
PAST TOP PICK
(A Top Pick Apr 16/21, Up 23%) At the time, a recovery stock. Eventually a beneficiary of 5G. Great dividend that grows. Don't add here. Sell calls. Likes it long term.
BUY
Should be a core holding in a portfolio. Low growth, but pays a great dividend. You're buying stability and income. Shares may rise 2-4% a year + the dividend. Alternatives don't pay as much and are riskier.
HOLD
Rocking and rolling. Dividends in Canada are in favour. People want boring, safety, stability. He also owns Telus. Not the best ideas, but nice anchors to have in your portfolio.
BUY
Great franchise. Telecom stocks have started to rebound a bit. Increases dividend over time, which is important with rising rates. More for income, with only some capital growth. Good cashflow, wireless is one of the best. Nice dividend at 5.6%.
HOLD
A defensive dividend player. It will do fine. Slow dividend grower. Growing earnings at 5-6%. Not most inflation-protected, but a workhorse. You also need significant dividend growth of 10-14% a year in your portfolio. A volatility dampener. Look for dividend growers, as that's the theme that will benefit you the most in a rising rate environment. Good yield of 5.5%.
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