TSE:BCE

BCE Inc. (BCE.TO)

29.10
+1.02 (3.63%)
as of Oct 22, 2026, 8:00:00 pm Market Closed.
2006 watching
0
BUY
Good yield going forward. 9X earnings. Looking but has not made a Buy on it yet. Good entry point. 6.74% yield.
TOP PICK
(His Top Picks are conservative, dividend paying for a 1 year Hold.) The deal falling apart has given investors a fabulous opportunity. Dividend is back and may be raised. Won't be a great company, but will be an OK company.
BUY
Not that it has collapsed, it valuations scores have come up dramatically. ROE level is respectable and there is some growth there.
DON'T BUY
Feels the deal is dead and it is going to be a hard battle to get it back on the table. In the $24 range is probably fairly good value for this right now. In a tough battle with Rogers (RCI.B-T). Has to go through a lot of restructuring. Have to redo their network. CDMA is almost a dead technology and they have to do a rebuild for GMS.
COMMENT
Bothers him that the arms in New York still have very large positions. May be waiting to see if dividends will be reinstated or if another deal will be going through. This is an OK price. If you are trading and it ran up to $25 take your profit.
BUY
6.55% May 1, 2029 bonds yielding about 9.51%. Bonds in general are a great place to be. However, he prefers sovereign debt because it is safer. This would be one step below but he is okay with that.
BUY
90% chance that the deal with Ontario Teachers’ Pension Plan will not go through. The entire telecom space looks good.
TOP PICK
He doesn't know what is happening but is guessing that the takeover is dead. If so, it will reinstate its dividend and may issue a special one. It may buy back shares. They have a lot of cash and a number of good things can happen. Oversold.
DON'T BUY
(Market Call Minute.) Too many built-in sellers. There are other names he would look at in this group.
HOLD
(Market Call Minute.)
COMMENT
He owns the bonds so he is quite happy. Thinks the deal is finished.
DON'T BUY
We don't know if there is a deal or not. There are a lot of good stocks and preferreds in companies that can be analyzed clearly. Let this settle out for the time being.
TOP PICK
A lot of people didn't want the deal to happen. Became oversold and is now one of the more attractive stocks to own. Should be a $30 stock. Last 3 quarters have been excellent. Have $3 billion in cash so they are either going to buy back stock or reinstate dividends.
DON'T BUY
Speculation. Not sure if you should be contemplating a position at this time. Believes the deal should go through. If the deal fails, you could pick shares up at probably $10 below the current price.
TOP PICK
Every bank in the consortium has been government guaranteed, which he thinks means the deal absolutely closes.
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