Telus Corp (T.TO)

Pays a a good yield and trades at a reasonable 19x PE. Canadian telecoms trade a higher PE than American ones. 5G will impact these companies in the coming years, though not as much this year. The pandemic has shown people the value of a strong internet as people stay at home, which benefits telecoms. He owns this and BCE.

Relatively stable players. Would prefer ZWU for yield seekers who want exposure to these stocks. A good way to extract yield from markets. BCE is probably around $60-$65. At around $55 a buy that pays a nice yield.

Best quality in the telecom space. Good, stable cashflow to support the great dividend. TV ads might have been hurt by Covid, but infrastructure remains important with the 5G rollout. Well run, will continue to do well. A close competitor is Telus, but why switch?

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A good choice for sustainability and reliability. Telus offers more overall growth potential than its peers. Unlock Premium - Try 5i Free

Tremendous franchise. Taking a divergent path from Bell and Rogers, as they're taking on various pet projects. Trusts management, great acquirers. Should continue to increase dividends 5-7% per year. Good for balanced portfolios that need income. His preferred name in the space.

Both telecom stocks in Canada and US have been stagnant to some extent. The runway for growth for wireless in Canada is very strong. It is more exposed to Shaw's move to wireless than BCE and Rogers. It is trading at 9x EBIDTA which is high, but the dividend is at 5% and the growth rate should increase. Good stock for income investor.

The telecoms in Canada are sluggish now, because they have a lot of capex which limits their EPS. Telus is different because of its Healthnet service that they will roll out. Rogers is into sports. The dividends are roughly the same in this group, but where is the growth going to come from in this sector? Again, they'll be spending heavily for the 5G roll-out. He avoids this space.