Winter is over! Yes, I think winter is over for BCE, though buyers beware of its weaker than expected earning power this year. That said, bluechips like KO.N is reporting highly anticipated positive earnings tomorrow and is now trading at a deep discount with a target price above $70. To illustrate the point of earning power for share price, Apple on the other hand has since climbed nearly 4% since the blockbuster earning report which also fuels speculations on coming dividends. BCE, at 5% dividend annually, is a good buy, though it is competing, given the strong CDN at this writing, with US bluechips that have a strong and more liquid market beyond commodities that are backbones of TSX.
Just some thoughts.
Happy investing!!