TSE:BCE

BCE Inc. (BCE.TO)

33.08
+0.34 (1.04%)
as of Jun 24, 2026, 8:00:00 pm Market Open.
1324 watching
0
DON'T BUY
He still likes it and has long held it. He feels neutral about it now, not expecting much upside. Be cautious about jumping on a momentum bandwagon here. Don't enter it now.
BUY
They keep delivering to investors and they also keep raising dividends. PEs are high across the board so it is not unusual. As long as interest rates are low, people will want dividends. There's a rumour that they want to unlock their data centre assets that can be a catalyst for growth.
HOLD
If you own it, continue to hold. Great income stock, with an attractive yield around 5%. Increase dividend each year in mid-single digit range, with no signs of stopping. Doesn't expect a lot of capital appreciation, perhaps around 5%. This gives you a return of around 10%, quite reasonable in this environment.
WATCH
He is not that interested in 5G but is interested in the fact that they have all been hit by the CRTC to make Canadian wireless more competitive. It came down and then rallied up. He thinks the stock is tired and could use a rest period.
HOLD

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.

BUY
A core holding. Loves the name. Pays a 6% dividend. They're doing a lot of good things, like Crave streaming.
PAST TOP PICK
(A Top Pick Jan 22/19, Up 18%) He owns if for the dividend yield of 4.7%. Pure and simple. Happy to.
DON'T BUY
He would be cautious. He's recommended this in the past and it has done well. However, the government's effort to reduce costs, as well as the cost of 5G worries him. Cashflow could be directed in that direction, which is a longterm play, but in the short term, the cost could be great. All the telcos are in the same situations.
BUY

vs. Verizon Verizon is a good US income stock. Own this in a non-registered account to avoid the tax hit. Better to own BCE, because it won't be taxed in a sheltered account.

DON'T BUY
Doesn't own any telecoms, because of macro themes. He's been positioning more in value and cyclicals rather than the defensives and secular growth themes. Anticipates the growth cycle will continue.
BUY
It has been a recent Top Pick for him. There is new management in charge. The new CEO publicly commented that Canadian cell phone rates are not that expensive. The company has the cash flow and infrastructure and he likes their TV services. This is a good place to be.
BUY
There won't be much topline growth in the telcos until 5G launches. Another problem is that other companies are using their networks, and the CRTC says they can pay the telcos less for this. BCE pays a great 5% dividend and they execute very well. Good to buy at these levels.
HOLD
The company is fairly mature. The dividend is around 5%. His total return expectations are just a little over 6%. The share price does not have to move forward a lot to give you the average return from the S&P over the last couple of decades. It is a slow growth and slow dividend growth story and he believes they will continue to grow slowly.
TOP PICK
It pays a good dividend. Yield of 5.31%. It's found a nice base and it's broken out well. If it falls below $55, he would get out. As a utility type company, it is the one dividend paying stock he would own. (Analysts’ price target is $63.35)
BUY
He likes it for their dividend. The cash-flow is excellent. If you want to add more, he would write a put option at $60 expiring in March or April.
Showing 181 to 195 of 2,062 entries