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BCE Inc. (BCE $32.22)
- $32.22 P/E (TTM): 4.76X Cap: $30.12B
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BCE Inc. (BCE $32.22)
- $32.22 P/E (TTM): 4.76X Cap: $30.12B
- View BCE Profile
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Rogers Communications Inc. Class B Non-voting Shares (RCI.B $45.18)
- $45.18 P/E (TTM): 4.14X Cap: $25.52B
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TELUS Corporation (T $16.51)
- $16.51 P/E (TTM): 22.79X Cap: $25.12B
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Q: I'd be interested to hear your opinion on this comment:
Analyst Vince Valentini is no longer recommending buying shares of the Montreal-based communications services company. He cites concerns about the price war in the Canadian wireless sector, which has also led him to discontinue his recommendations for shares of competitors Rogers and Telus. The expected weak growth in the wireless market and the intensity of competition have prompted the TD expert to lower his expectations for the industry's major players. He noted "very aggressive" offers to attract customers, particularly at the end of March, and observes a race to the bottom with no winners. "This pricing doesn't stimulate better subscriber growth across the sector; on the contrary, it leads to an increase in churn."
Thank you
Analyst Vince Valentini is no longer recommending buying shares of the Montreal-based communications services company. He cites concerns about the price war in the Canadian wireless sector, which has also led him to discontinue his recommendations for shares of competitors Rogers and Telus. The expected weak growth in the wireless market and the intensity of competition have prompted the TD expert to lower his expectations for the industry's major players. He noted "very aggressive" offers to attract customers, particularly at the end of March, and observes a race to the bottom with no winners. "This pricing doesn't stimulate better subscriber growth across the sector; on the contrary, it leads to an increase in churn."
Thank you
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BCE Inc. (BCE $32.22)
- $32.22 P/E (TTM): 4.76X Cap: $30.12B
- View BCE Profile
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Capital Power Corporation (CPX $67.68)
- $67.68 P/E (TTM): 86.42X Cap: $10.67B
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Celestica Inc. (CLS $500.50)
- $500.50 P/E (TTM): 49.86X Cap: $55.90B
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Bird Construction Inc. (BDT $47.30)
- $47.30 P/E (TTM): 42.59X Cap: $2.61B
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HIVE Digital Technologies Ltd. (HIVE $2.98)
- $2.98 Cap: $722M
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Q: The Canadian sovereign-computing initiative is meant to ensure that advanced computing power and sensitive data remain under Canadian legal control. Which companies will be obvious winners? Can you suggest entry prices ?
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BCE Inc. (BCE $32.22)
- $32.22 P/E (TTM): 4.76X Cap: $30.12B
- View BCE Profile
- View Questions on BCE
Q: I'm looking to move on from BCE in a taxable income-seeking account after a trading gain as I don't think the long-term growth prospects are all that compelling. I already own Telus, Royal Bank and 3 pipelines along with CPX. Would you have a few recommendations for a decent dividend along with some growth to compliment my portfolio? Thanks.
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