BCE Inc. (BCE.TO)

Do you think entrants in the wireless spectrum auction will be a threat? It is a threat, but in the past it hasn’t tended to hit them too hard. More competition would benefit the sector. There are a lot of other factors such as the cable side with government regulation coming in and trying to break that a little. Dividend is hugely attractive in this low rate environment. If you own, you could continue to Hold, but just be aware that in the cell phone space and the cable space there could be some negative shocks to come.

(A Top Pick June 27/13. Up 18.81%.) You are not going to see the upside that you saw over the last little while. Pays a 5.1% dividend. Trading at the high end of its range, so wouldn’t expect to see huge things coming out. You are getting a 6%-8% return.

Have raised the dividend on a regular basis and the dividend is secure. After hitting $51 it has been trading back, and if it gets back under $47 the yield is quite nice, and there could be more dividend increases. Good place to park your money.

Stock vs. Stock: BCE-T vs. VZ-N. They are two different stocks. BCE gives you a fantastic dividend close to 5% and decent cash flow. Telcos in general are getting up there in terms of valuations. VZ-N should provide more growth and less dividend than BCE. It depends what you are trying to accomplish.

Ex-dividend today. Don’t buy more. Doesn’t think it will go higher from here. Sees wireless market not to be growing. Sees a saturated market.

3.35% Bond Maturing June 18/19. (Top Pick May 6/13, Up 2.03%) Lower in price but made a positive return because of yield. Less principle risk as you get closer to maturity. When you get within 2 years you exchange it for another 5 year bond unless you are in a ladder. Will continue to produce positive returns. Lowering principle risk. ‘A’ rating.

This is one of his core, and probably largest holdings. He bought it for growth and dividends. The company has increased its dividends a half a dozen times in the last 6 years. Has good cash flow.

This will continue to do very nicely. Has been gaining market share at the expense of Rogers (RCI.B-T). Started raising the dividend after leaving it untouched for 15 years. A nice, cozy oligopoly.

(A Top Pick June 6/13. Up 16.37%.) Loves this one. Has a great trend. All the different segments of this business are up and doing reasonably well. Some of these defensive names start to have a bit of seasonality here as we head into the summer through to the fall, so that might be a good time to add to your holdings.

Sold her holdings about a year ago. Her concern is the regulatory environment. Feels this company is going to be more challenged than its peers, particularly Telus (T-T), to grow over the next number of years. If you want to stay in this space, she would trade this company for Telus.

Doesn’t own any communication stocks and doesn’t expect to for some time. There is too much pressure coming into the market from 1) bundling and 2) we are seeing slowdowns in the growth of smart phones, etc. Doesn’t see much growth in this. If you want pure income, this is fine, but if you are looking for growth you should look elsewhere.

Telcos are not hugely interesting to him at this time. They are interest rate sensitive. Also, the federal government wants to take the oligopoly and make it pure competition. Within telecom, he would rather be in Telus (T-T).

(Market Call Minute.) Had a great run. Prefers Telus (T-T).

3.5% Reset preferred. This is sort of a fixed floater. It’s the old-style resets before we got what we have now. As you come to the reset date, it has not been predetermined what you will get at that time, fixed or floating, but the company is going to tell you what they are going to pay.

(Top Pick Jan 14/13, Up 24.02%) Dividend hikes as well. 5% position for him which is a strong position. The numbers yesterday were very good. They still have land lines, which are going away. Their pension obligations are not going away.