Mike Vinokur
Bell Canada International
BI.H-X
DON'T BUY
Jul 05, 2024
Not sure where the bottom for this stock is. Weakness in share price could present buying opportunity - but not buying at this time. Concern there could be a dividend cut in the next 2 years. Company not able compound cash flow in a meaningful way. Capital appreciation not very strong. Would recommend investors look at other opportunities. Only catalyst for growth is an interest rate cut. Would recommend investors pick Rogers instead.
Company is a long term core holding.
Great business that has preformed well in volatile markets.
Massive investment into infrastructure.
Strong re-investment into business is a good sign.
Dividend growing at a strong rate.
Share price may be over priced at current levels.
Not sure where the bottom for this stock is. Weakness in share price could present buying opportunity - but not buying at this time. Concern there could be a dividend cut in the next 2 years. Company not able compound cash flow in a meaningful way. Capital appreciation not very strong. Would recommend investors look at other opportunities. Only catalyst for growth is an interest rate cut. Would recommend investors pick Rogers instead.