Verizon Communications

VZ-N

BCE vs. Telus vs. Verizon He owns all three plus AT&T. Verizon is still the #1 network in the U.S. and still pays a great dividend. All three will continue to do a good job. If you own them, hold them.

Which one you prefer between AT&T (T-N) and Verizon (VZ-N) for an RRSP? Good companies with fine dividends. In terms of total return there are other companies with lower dividend yields but better growth prospects that he would rather choose.

The Canadian communications sector still looks over valued, that is why he is looking to this US holding. The company is making a huge bet on being the 5G provider. To get a 12 times PE and good yield, he sees this as a good bet. Yield 4.5%. (Analysts’ price target is $56.46)

More of a wireless than a telco company. Growth has really slowed down in this sector, yet cell phones remain an essential business. He likes Verizon and it's a little pricey now, but good long-term. Pays a nice dividend.

It is a large holding in a number of his funds. It has a nice dividend and the service revenues are good. They are getting better. They have the best margins in the space and have the best opportunities for 5G because they can roll out faster. He trusts them in terms of allocating capital well. They are more profitable than their peers so they can better survive any price wars.