BCE Inc. (BCE.TO)

75% you hold is because of the dividend. Good dividend and balance sheet with good growth potential. Trying to acquire Astro and he doesn’t think there is any chance it is going to fail.

(A Top Pick Sept 7/11. Up 20.92%.) Thinks this company is executing on a business plan perfectly. Still a Buy.

Feels that this is probably at the top end of its range. A lot of the reason the stock price has gone up is because of the 5% + yield. Telco area is quite competitive and she thinks there will be consolidation.

Preferred A. this is an old-style reset and when this comes up to the reset date, we don’t know what the company is going to reset it at. This has just been reset at 3.45%, much lower than the original 4.8%. Fairly attractive until the next reset date.

Just increased the dividend again. Probably 8 times in the last couple of years. Will be very competitive and will knock their major competition around a little bit. Fibre optics is really going to give them a step up. Have the Maple Leafs Sports which is very good advertising. 5.6% dividend is safe.

You will continue to see good commitment to the dividend. They are cutting cost and raising the dividend. Not a lot of growth. He owns it for the wireless business.

Preferreds? Feels that preferreds will generally underperform going forward, just because it is still based on current interest rates. He would prefer the common equity which gives 5.1% yield.

Recently increased their dividend. Numbers are tracking really well and they are growing their wireless. Taking some market from the cable companies. Revenues are better than had been expected.

Telecoms stocks in general have been a great place to be but he doesn’t think they will be going forward as the valuations are so high. Thinks there is a time to take profits when the valuation is excessive.

What a great stock and a great chart. Anyone can see the trend. There was a little break out and then it went flat for much of this year. If you were considering owning it wait for it to pull back because it is probably a little ahead of itself. It could test around $43 or just below.

When he sees the company that makes a number of acquisitions that can often lead to write-offs. He sold his holdings because he was afraid of write-offs. They spin off of a lot of cash to shareholders.

This still looks very good on a technical basis. Chart shows a strong upward trend from late 2009 and just broke above a key resistance level. Technically, you should be able to get a comparable move on the upside equivalent to its previous trading range. This would imply that the 1^st target would be $47 so technically it is getting close to its target.

Earnings were excellent and they raised the dividend again. Changing their business around and it is really quite good.

Telecom sector is one that really fits the type of sector that people are looking for. They went through their restructuring and now are growing some of their new businesses and are beating estimates so earnings multiples are expanding. In a world where fixed income yields are so low and not showing much sign that they are likely to rise, companies with very predictable cash flows will trade at a premium.

This gives you decent single digit growth. This really has been a dividend story. Just surprised the market with a dividend increase. Yield is about 5%. Technically is perfect being about the 200 and 50 day moving averages. Currently it is extremely overbought. He would like to see it around $41-$42.