Q: Now that BCE seems to have washed out is it perhaps investable again?
5i Research Answer:
With the dividend cut out of the way, and interest rates (likely) heading lower, we think BCE may attract some interest again. We would not expect miracles here, but it would only take a small shift in sentiment to see the stock do better. Its turnaround may take time, but the 5.24% yield should continue to attract some support, and any good news could have an amplified positive impact on the stock.