Opinions
Norman Levine
Iowa Telecom Services
IWA-N
TRADE
Mar 27, 2008
Not an exciting business, it’s a declining business. Has a high dividend. Paying its earnings out to shareholders, not investing back in company. Not a high risk or growth business.
$17.870
Stock price when the opinion was issued
Telecommunications
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A good way if you want some US exposure is through dividend paying stocks. Historically dividends grow and hopefully the stocks will go up. The best place for dividends in the US is in the utility area. He likes both American Electric Power (AEP-N) which has good growth and good dividends and Iowa Telecom (IWA-N) which pays around 8/9%.
Telecommunications
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