BCE Inc. (BCE.TO)

(Market Call Minute.) This one now represents better value, especially as they are going to be able to complete the Astro acquisition. He would prefer it at $40.

(Market Call Minute.) Getting to a level where he is thinking about buying. Under $42 is a place where you could buy some.

Doesn’t have a lot of exposure to Telcos. He is tempted to step in. Our market could look attractive to Verizon. But he thinks we will see some evolution in the industry. Prefers T-T today.

(A Top Pick June 8/12. Up 10.09%.) Has taken a little bit off because this is one of his major holdings. Expects another dividend increase within the next 12 months.

He sold a little bit early when the teachers take-over didn’t work. There is a bit of an issue with Verizon coming up here. BCE is a little bit troubled because they have wire line which is not growing. Dividend is safe. He is out of the Telco sector. Would own T-T if he owned anything in this sector, but recommends staying on the sidelines for now.

This company does not live and die on wireless. If Verizon comes to Canada, no doubt some of the margins on wireless will be affected but this company has so many other arrows in its quiver that they are not going to get killed if Verizon comes. The selloff was overdone. Yield is north of 5%.

With Verizon (VZ-N) talking about coming into Canada, which telco would be the safest bet, Bell Canada (BCE-T) Telus (T-T) or Rogers (RCI.B-T)? Interestingly enough, Sprint in the US just announced that they are offering “guaranteed for life” unlimited data so there is a bit of competition in the US. BCE is probably the safest with Rogers having the most exposure. It is difficult to say what is going to happen with Verizon. The chart on this one shows the stock has dropped back but he wouldn’t be too concerned about that. There is a level of support at around the $40-$41 range.

She doesn’t own anything in the telecom space. They have all pulled back on the potential threat of Verizon entering into the Canadian market. If that does happen, she expects there will be a lot of instability in the market. If you own and have profits, she would take some profits at this time. Nothing wrong with the company. Dividend is definitely safe.

Took a big hit over the last couple of weeks because of Verizon looking at Wynd and Mobilicity. Feels that a good part of this is reflected in the price. This will pressure the wireless business for all 3 Cdn telcos. The least impact will be on Bell (BCE-T), so if you are really concerned about that and happy with the 5% dividend, consider buying a half position now and by your other half when you know Verizon has come.

(Top Pick Jun 27/12, Up 7.97%) Dividend growth, steady cash flow, a great core holding with 5% yield. Astral deal fits.

Bell Canada (BCE-T) or AT&T? It all depends on what kind of account you are using. If it is a cash account, he would rather buy BCE and get benefit from the dividend tax credit and not worry about the currency. Likes Canadian telcos. You’re not going to make a fortune.

Telecoms dropped like a rock in the last week of the correction. Prefers this to Rogers.

The pullback in this stock was very aggressive. He had a feeling that the Astral deal was going to go through. Also, the issue with Verizon was well overdone. Yield of 5.56%.

Similar to ’07 when it was at low levels and was a terrific buying opportunity. BCE-T and T-T are the top performing telecom stocks in the world. BCE is in a sweet spot as they catch up to Rogers. Have great media properties. Sees them growing the dividend (5.7%) every year going forward. Fears about Verizon coming into Canada are overblown if they are even true. This one would be least affected if a big player did come in. Thinks the Astra deal will be approved tomorrow.

Believes that the problems on telecoms are based on concerns of competition. Also, there was an issue with so many people into the big dividend yielders that there has been a lot of profit-taking. Feels this one is still pretty safe. Pays a nice dividend.