BCE Inc T.BCE.PR.T

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

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 > BCE - #1 Top Pick - BNN Market Call - Ryan Bushell - BUY

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Comment by Possibleidiot01on Nov 12, 2024 7:16pm

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Post# 36309241

RE:BCE - #1 Top Pick - BNN Market Call - Ryan Bushell - BUY

stockchase.com

TOP PICK

One of his favourite investing lessons: In 2008, the Teachers Pension Plan was taking this out at $41 + 1 share, above today's level and pre-5G. Didn't sell then, because his mentor said that if the assets are good, then the management is temporary. The market hates what management has done, but they now have built a 5G network and the investments of the last 10 years have made this company worth more than 10 years ago. He's happy to buy this under $40. There could be a change of government next year. It's undervalued now. True, he doesn't like the recent US acquisition, but they can apply lessons learned in building 5G here to there, the U.S. but the selling has been overdone.

(Analysts’ price target is $44.61)

telephone utilities

$38.600

Owned

BCE (BCE TSX)

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

This has been a horrible stretch for BCE. We were very supportive of the MLSE sale but like many others quite surprised by the decision to acquire Ziply. However, the shares are now trading well below the level that Ontario Teachers’ Pension Plan (OTPP) offered for the company in 2008. The shares sport a greater than 10 per cent dividend yield and BCE remains asset rich with catalysts ahead if it wants to surface more value for shareholders. The best lesson I ever learned in this business was regarding the BCE situation in 2008 when the deal proposed by OTPP fell through. Over the next decade the company was rebuilt and re-energized by new management and more than doubled the dividend. We will see if history repeats, or at least rhymes.

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