TSE:BCE

BCE Inc. (BCE.TO)

32.68
+0.57 (1.76%)
as of Jun 23, 2026, 7:18:16 pm Market Open.
1324 watching
0
DON'T BUY
Doesn’t like any of the telecoms because of the competition coming down the pipe with the newer mobiles. If she were choosing one, it would be Telus (T-T) as it is in the part of the country that is seeing better growth.
BUY
Telecoms. BCE (BCE-T), Telus (T-T) or Rogers (RCI.B-T)? BCE is more of a dividend play with 5.4%. Growth is close to 6% long term. Rogers is more of a growth story. He would rate Telus as third.
DON'T BUY
05/01/2029 Strip Bonds. More risky because coupon is stripped. This is a risky bond.
PAST TOP PICK
(A Top Pick Oct 30/09. Up 35.65%.) Has been selling off which is probably profit taking. Good yield and expects an increase in dividends again in 2011.
COMMENT
Sees the 3 major telcos, BCE (BCE-T), Rogers (RCI.B-T) and Telus (T-T) as being on a continuum from conservative and slower growth with BCE through to aggressive and higher growth on Rogers end. Has all 3.
BUY
It has been a good holding for him. Management is doing the right things. There is still lots of turn-around potential and so he sees further upgrade. Agrees with BCE buying CTV, owner of BNN.
TOP PICK
Dividend story. Has raised dividends since the bottom and management is making little tuck-in acquisitions, which might amount to something someday creating a little bit of growth.
PAST TOP PICK
(A Top Pick Aug 27/09. Up 42.43%.) Still a Hold.
COMMENT
Biggest growth potential between BCE (BCE-T) and Telus (T-T) for a long-term investor? Tends to favour BCE because of us competition and more room to cut costs. Expect they will both grow dividends 5%-10% a year but thinks Rogers (RCI.B-T) and Shaw (SJR.B-T) program with her dividends and buybacks shares faster. (See Top Picks.)
SELL
2024 10% strip bonds. Given that interest rates have come down significantly, there has been a massive capital appreciation in this. Expect interest rates have put in a bottom here, particularly in the longer end, so consider taking profits.
PAST TOP PICK
(A Top Pick Oct 30/09. Up 38%.) Reasonably priced. At this time would buy Manitoba Tel (MBT-T).
BUY
Likes their purchase of CTV Globe Media. Sees it throwing off tons of cash and being able to continue to raise dividends on a regular basis.
HOLD
10% strip maturing 2024. These strip bonds always go up providing a company doesn't default. High yielding securities.
COMMENT
5% should be safe and has been increasing as in the last year or 2. Management has done a good job in restructuring. Doesn't own any telecom stocks as environment is getting too competitive. If you just want dividend income, this is okay.
COMMENT
Deal to buy CTV Globe Media is interesting and highly beneficial. Have to look at the whole content question in 2 aspects. 1) How does it relate to telecoms and 2) applications and hardware in the smart phone area. If you own for income, Hold.
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