Q: I have owned BCE for 15 years and T (Telus) for maybe 10 years or less - combined $80K investments. Both are down for different reasons. I am up , including dividends a fair bit as I reinvest the dividends where opportunities present. Would you add to T at the current price?
5i Research Answer:
It really depends on an investors weighting. While we think T remains decent as an income stock, it could still take some time to recover. We see it more as an 'accumulate' over time. If an investor is already positioned we would not be too inclined to add more.