TOP PICK Ross Healy on BNN BCE (BCE TSX)
BNN Bloomberg is owned by Bell Media, which is a division of BCE.
Sometimes as a value investor, you buy what you know to be a good company that is trading at a cheap price. This stock is now cheaper than it has been in over 10 years and a revaluation of the stock price is in order. The decline from $74 to around $40 in the last two years carried the stock to an important support level which could be a near-term bottom for the stock and could even produce a surprising rebound. BCE holds the coveted title of being a dividend aristocrat, one of the few stocks in Canada to hold that title, and just recently raised its dividend again. If you have ever wanted to get into BCE, now may well be the time.