
TSE:T
This summary was created by AI, based on 82 opinions in the last 12 months.
Telus Corp currently faces significant challenges, as reflected in the mixed reviews from various experts. Many analysts express concern about the company's high debt levels, issues with dividend sustainability, and the overall lack of growth in the telecommunications sector due to competitive pricing pressures. The recent dividend cut and the strategic pause in future dividend growth have raised questions about the company's financial health and ability to maintain its appeal to income-focused investors. While some see the potential for a turnaround, especially with a new CEO and asset monetization plans, others are skeptical about the stock's prospects and the likelihood of significant recovery in the near term. Overall, investors are advised to proceed cautiously, with many suggesting a focus on dividends while closely monitoring cash flow and debt levels.
They are among the most concentrated in wireless, an area he continues to believe will grow. There is a lot of capital going into making sure we do more and more on smart phones in the future. They’ve done a great job investing and expanding their 4G networks by about $2.2 billion. Recently rolled out Telus TV, a good way to cross sell another service to existing clients. Dividend yield of 4.3%. (Analysts’ price target is $48.50.)
(A Top Pick Aug 11/16. Up 7.07%.) This is just sort of soldiering a long. It hasn’t quite got enough FMV to really propel it forward, but has enough that it is still keeping it up there. In the meantime it has a decent yield. The kind of thing you can tuck away in your portfolio and not worry about it.
Trading in record territory. An income stock in a more defensive industry. Generates a lot of free cash flow and provides very attractive yields. A play on the recovery of Western Canada. It is going to face more competition with Shaw (SJR.B-T) ramping up their wireless presence in Western Canada. Dividend yield of 4.3%.
This is based out of Western Canada, so they haven’t been strong just because of the economic picture. He likes the telecoms and thinks this is a good company. Right now he would prefer BCE (BCE-T) or Rogers (RCI.B-T). If looking for growth on capital, there are probably better places to deploy your money over the short term. However, if you just want to park it and forget it, you are probably fine with this.
The economic recovery in the West benefited them last year. This was the laggard in wireless, and then they were the leader in terms of subscriber additions, and now are at the back of the pack. He is waiting for this to get hit on some macro trade with interest rates. He would like to see it down another 5% combined with another dividend increase.
Sell? He owns this and likes it, but less than he did a couple of years ago. Because they are essentially only in the wireless space, they are going to need to invest significantly in acquiring spectrum and upgrading networks. It’s a CapX heavy business, and there is not a whole lot of growth in it. A safe name to have in your portfolio, but if looking for some real growth over 3-5 years, you need to go to something like Alphabet (GOOGL-Q) or Amazon (AMZN-Q).