BCE Inc T.BCE.PR.H

Primary Symbol: T.BCE Alternate Symbol(s): T.BCE.PR.Z | BCE | T.BCE.PR.J | BCEFF | T.BCE.PR.K | BCEIF | T.BCE.PR.A | T.BCE.PR.L | T.BCE.PR.B | T.BCE.PR.M | BCEPF | T.BCE.PR.C | T.BCE.PR.N | BCEXF | T.BCE.PR.D | T.BCE.PR.Q | T.BCE.PR.E | BCPPF | T.BCE.PR.R | T.BCE.PR.F | T.BCE.PR.S | T.BCE.PR.G | T.BCE.PR.T | T.BCE.PR.Y | T.BCE.PR.I | BECEF

Communication Services Telecom Services

BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and voice plans and devices and are available nationally. Its wireline products and services comprise data (including Internet access, Internet protocol television (IPTV), cloud-based services and business solutions), voice, and other communication services and products, which are available to its residential, small and medium-sized businesses and large enterprises customers primarily in Ontario, Quebec, the Atlantic provinces and Manitoba. This segment includes its wholesale business, which buys and sells local telephone, long-distance, data, and other services from or to resellers and other carriers.

TSX:BCE - Post by User

BCE Inc > Second TOP PICK on BNN Market Call Today

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Comment by Possibleidiot01on Jun 26, 2024 3:22pm

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Post# 36107598

RE:Second TOP PICK on BNN Market Call Today

TOP PICK

A contrarian theme, instead of chasing large US tech stocks. "Be greedy when others are fearful." Strong brand. A conservative investment. Long-life, high-quality assets. Great recurring revenue. Better balance sheet than some peers, fewer service outages, a more stable management team. Trades below market average at 14x PE. Yield is 9%.

Shares have traded down due to: interest-rate sensitivity and competition with higher bond returns, sector competition, regulatory challenges.

See his article in the Financial Post or on the goodreid.com blog.

(Analysts’ price target is $50.20)

telephone utilities

$44.580

Owned

xxxx

BUY

BCE vs. Telus

Not as much leverage on the balance sheet as peers. Shares have contracted to a very attractive valuation, plus a 9% yield. He'd choose BCE at this point.

Telus usually trades at a premium to peers due to higher growth and further ahead in fibre to the home. Should benefit from immigration. Most diversified of the Big 3.

telephone utilities

$44.580

BCE (BCE TSX)

A contrarian pick, BCE is a household name providing cable, internet, wireless and wireline phone communication. It also owns Bell Media and sports teams. Shares are trading off as investors shift money out of higher-yielding equities and into fixed-income assets for their greater perceived safety. The company is also facing increased competition and regulatory pressures. Meanwhile, shares trade at a multiple cheaper than the market, and offer an almost nine per cent dividend yield.

BNN Bloomberg is owned by Bell Media, which is a division of BCE.

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