BCE Inc T.BCE

Paul Harris - BNN -SELL

[Possibleidiot01]

SELL

BCE Inc.(BCE-T)

26/11/2024

 

Sell, take the loss?

Tough to be a telecom in Canada, so it's moving beyond our borders with its latest acquisition. CRTC is often overbearing. Capex is not bad in the concentrated GTA, but increases substantially as you go across our big and somewhat underpopulated country. Telus is in the same spot. Hard to hold over the next little while.

Overdone at these levels, will probably bounce over the next 3-6 months. Interest rates coming down should help. 

Makes sense to take the loss to offset other gains, consider getting back in after the waiting period. Thinks it can maintain its dividend. Pays a really nice dividend, and if you need that to live your life, you many not want to sell. 

telephone utilities

 

N/A

Owned

[newcoin]

Paul Harris owns it and is not selling it. He did advise the caller on his specific question. The caller could sell, take the loss, and buy in later. But Paul Harris is not selling. It was also interesting to hear him say the dividend is not in jeopardy, as far as he is concerned. I felt it was a very positive commentary on BCE under the circumstances. It's funny that it comes out as him