TSE:BCE

BCE Inc. (BCE.TO)

32.11
-0.62 (1.89%)
as of Jun 22, 2026, 8:00:00 pm Market Open.
1324 watching
0
COMMENT
Important thing to look at in this sector is whether a company is a leader or a laggard in the industry. Rogers (RCI.B-T) has a leading technology and is probably the “go to” stock. This company and BCE (BCE-T) are relatively safe and ok for yield. 6.2% yield.
BUY
Downside is quite limited. Very secure 6.2% yield. Have about $2.5 billion cash on the balance sheet. Will be a slow, steady performer. Very impressed with management.
TOP PICK
Teachers pension plan sold their holdings, which depressed the stock. 6% yield. Pretty defensive.
BUY ON WEAKNESS
Teachers Pension has been liquidating this stock. Interesting book value of about $20 and 6% dividend yield. He might buy back in if it pulls back a little.
TOP PICK
In a potentially risky market this one has already hit its all-time low at its book value of about $22. Has a nice yield if you are looking for income and safety. Has an upside target of around $30.
DON'T BUY
Have under invested in their business in the last couple of years. Competition has made gains that it will be tougher for them to gain back. Not the best company in the space. He prefers Telus (T-T).
TOP PICK
Locking in dividend yields. This one has a yield of about 6.5% and the company has given strong indications that the dividend will rise. Can see the stock price going up to $30.
TOP PICK
He has been moving from cyclical names to more defensive names, which have lagged. Trades at about 5X EBITDA with a 6.4% yield. Has over 9% in free cash flow. Everything they wanted to do is coming through now.
BUY
Just finished a share buyback. Balance sheet is quite strong. Very predictable stream of revenue. New management is very strong. Very attractive below $25.
BUY
Very attractive dividend yield of about 6%. Trades at a pretty low depressed valuation multiple of about 4.5-5 enterprise EBITDA.
SELL
Like a lot of the phone companies it looks reasonably valued on a PE or dividend yield basis but most of them have a lot of debt. For many years they could afford a lot of debt but now they are dicier businesses. He shies away from all telco related companies.
TOP PICK
5.54% maturing Feb 15/17. Likes the corporate bond market. Example of a utility that is offering a very handsome spread over Canada's. Could be some capital gain as well. This company is back to investment grade status.
PAST TOP PICK
(A Top Pick Jan 22/09. Up 1.02%.) Sold most of his holdings at a profit.
COMMENT
Preferred shares. Starting to warm up to this company now. Could be worth looking at.
HOLD
(Market Call Minute) Like other telecoms: very little growth profile. Great free cash flow.
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