He likes telcos. Bond proxies have become overpriced, but telcos are less overpriced compared to REITs and utilities. They're stable with decent valuations. BCE is a good place to hide now. He's also long Rogers and Cogeco. Telcos can move lower, but less so in a market sell-off. When markets recover, though, telcos won't move up as much.
He likes telcos. Bond proxies have become overpriced, but telcos are less overpriced compared to REITs and utilities. They're stable with decent valuations. BCE is a good place to hide now. He's also long Rogers and Cogeco. Telcos can move lower, but less so in a market sell-off. When markets recover, though, telcos won't move up as much.
Buy the stock or ETF? Yes, buy the stock. He doesn't buy ETFs. He wants to own exactly what he wants. You can own this through XIC or XIU, but you'd be buying lots of other stocks you may not want. BCE isn't a bad stock, but it's slow-growing. It has most to lose as people drop landlines. Also, the CRTC is pressuring telcos to lower cell phone bills in two years. It's defensive and low yield. Safe in an oligopoly. There are better ideas out there.
Buy the stock or ETF? Yes, buy the stock. He doesn't buy ETFs. He wants to own exactly what he wants. You can own this through XIC or XIU, but you'd be buying lots of other stocks you may not want. BCE isn't a bad stock, but it's slow-growing. It has most to lose as people drop landlines. Also, the CRTC is pressuring telcos to lower cell phone bills in two years. It's defensive and low yield. Safe in an oligopoly. There are better ideas out there.
Telecoms? Rogers is an interesting name. He owns BCE instead. A push for lower cell phone rates along with greater investment in 5G networks are key headwinds in this sector. Telcoms will face a lot spending to build up 5G, which will impact the financials for the next few years. He likes the dividend they pay, however. If your time horizon is long, then holding is fine.
Telecoms? Rogers is an interesting name. He owns BCE instead. A push for lower cell phone rates along with greater investment in 5G networks are key headwinds in this sector. Telcoms will face a lot spending to build up 5G, which will impact the financials for the next few years. He likes the dividend they pay, however. If your time horizon is long, then holding is fine.
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 36
Neutral - Hold Signals / Votes : 14
Bearish - Sell Signals / Votes : 9
Total Signals / Votes : 59
BCE Inc. is a Canadian stock, trading under the symbol BCE-T on the Toronto Stock Exchange (BCE-CT). It is usually referred to as TSX:BCE or BCE-T
In the last year, 59 stock analysts published opinions about BCE-T. 36 analysts recommended to BUY the stock. 9 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for BCE Inc..
BCE Inc. was recommended as a Top Pick by David Baskin on 2020-03-23. Read the latest stock experts ratings for BCE Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
59 stock analysts on Stockchase covered BCE Inc. In the last year. It is a trending stock that is worth watching.
On 2020-04-06, BCE Inc. (BCE-T) stock closed at a price of $57.53.
