Some of You LT Holders are WAY too SensitiveI own BCE for the dividend stream. I like the stock but the comments on BNN yesterday were accurate. Growth of this business is constrained by the market size, large ongoing capital investments that are required and by the Government trying to force more competition and lower prices. There are growth stocks and then there are value, dividend Oligopolies. Electric utilites have a growth curve due to ever increasing use by retail customers, server farms and AI. Pipelines have limted growth unless they buy assts outside of Canada due to how long it takes, if ever, to get new pipe put in. Telecom is the same, unless they start expanding into other markets, or other businesses their growth is severly constrained.
If you don't recognise that, you have your head in the sand. Does not make BCE, Telus of Rogers a bad stock, just limits the share price growth, and that doesn't fit his investment strategies.