BCE Inc.

BCE-T

BAM vs. BCE A 3% weight in BCE is enough. 50% of their EBITDA comes from landlines, but their credit rating isn't great. Cord cutting is accelerating on the old telephones. He prefers BAM here. Brookfield is a money manager that does very prudent acquisitions, and is a Canadian success story. BCE's dividend growth will wane given the above reasons, unless they expand internationally. Brookfield offers international exposure.

Likes it. Have wireless, content, broadband. In good shape. Good dividend yield, which continues to improve. Compounds at 5-8%, along with the dividend. Not tremendous upside. Have to worry about costs of 5G, and can they get a lot of gains out of that. More expensive than the US comparables. Stable.

A safe haven stock. A great yield and the dividend grows yearly. If interest rates fall, it will continue to look good. Earnings are growing as well. Yield 5.14% (Analysts’ price target is $62.14)

A good income stock with a good yield that grows each year. Part of an oligopoly in Canada, where the players are all increasing subscribers. Immigration is growing in Canada and appears to be helping these companies. Yield 5.2%

(A Top Pick Oct 12/18, Up 25%) Starting to get on the pricey side. At $66-68, he'd take profits. Nice yield for now.

Using DRIP can be very successful with compound interest, especially if you can buy fractional shares. Not impressed with their latest results. The dividends are growing at 5% whereas the average is 7%. A big problem is that you have a virtual oligopoly in Canada but can't get more than 1 or 2% revenue growth. Where is the payback for 5G coming from?

A bond proxy? A steady stock with a good dividend. The price war in wireless is canalizing some margins. He thinks the fundamentals of the company will likely deteriorate over the next couple of years. A 5.3% yield. He will continue to hold for now.

(A Top Pick Jul 06/18, Up 17%) Generous dividend increases which should continue. Dividend supports the stock in bad markets. A core holding. Will do fine as long as Canadian economy chugs along. Yield is 5.25%.

There is a bit of friction between the various providers. We are seeing the introduction of new and bigger data plans with more reasonable pricing. It is one of the ones he would look at within the industry.

Technology infrastructure. Cost is actually going down. Franchise value. Sports' emotion gets played out in the stock market. Likes it as a core holding, great dividend, stable, extremely well managed. All this is really hard to replicate. With patience, great long-term rate of return.

They don;t own any of the cable operators. The dividend is safe. A problem that they had for a while which was the under-funding of their corporate pension plan was cleared. If you are looking for an oligopoly with safe income this fits nicely.

He would not get out before the next dividend. It is a great Canadian company with a great dividend. Wait and hold it for the dividend and then see where it goes.

(A Top Pick Jul 06/18, Up 16%) It has held up very well. He continues to hold it and is happy with it. It is a good stock to have as a base stock for a portfolio.

(A Top Pick Jun 06/18, Up 19%) Rocky road for Bell. Hasn't performed as well as investors would like. A dividend play, so you get relatively stable, good earnings and cash flow. Has trimmed in the last 4-6 weeks.