Q: Hi,
What's your opinion on BCE given the the Ziply acquisition and the macro picture?
Also, would you suggest a top 5 for Canada and top 5 for the US. I am looking for "quick and dirty" gains.
Cheers,
David
What's your opinion on BCE given the the Ziply acquisition and the macro picture?
Also, would you suggest a top 5 for Canada and top 5 for the US. I am looking for "quick and dirty" gains.
Cheers,
David
5i Research Answer:
On the top 5, we would utilize our best ideas for this here (https://www.5iresearch.ca/stock-ideas/canada).
On BCE, at 12X forward earnings and with a 5% yield while now being past the dividend cut, we think it is probably fine for an investor to begin dipping their toes into BCE with a long-term outlook. We wouldn't expect fireworks here but a lot of the bad news is likely priced in now.