Telecom Sector undervalued... Telus is significantly undervalued! Telecom undervalued and not in favour just now due to fear of more gov't intervention. They were just in Ottawa recently for a tongue lashing but Trudeau Gov't has no balls anyway so fear not. Prices are coming down but so what, this stock is way down from it's high.
SO..... If I am buying today I will realize a dividend return of about 6%. That is incredibly significant. The consensus target price id in the $26+ range. If only half of that is realized then we can bank another
~ 10% return. 16% return is HUGE!!!! You are not going to hit a homerun i.e. 5 plus bagger with thisthis year so if thats why you bought Telus...oops!! This is a definite buy or buy more!! You can hold depending on your entry point and dividend return but I will guess for many, the price you entered in was significantly higher. JMHO .....I am not in but likelywill be come Monday.