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Bullboard - Stock Discussion Forum Rogers Communications Ord Shs Class A T.RCI.A

Alternate Symbol(s):  T.RCI.B | RCI | RCIAF

Rogers Communications Inc. is a wireless, cable, and media company. The Company provides connectivity and entertainment to Canadian consumers and businesses across the country. The Company also has a portfolio of media properties, which includes sports media and entertainment, television and radio broadcasting properties, multi-platform televised and online shopping and digital media. Its... see more

TSX:RCI.A - Post Discussion

Rogers Communications Ord Shs Class A > John Zechner - BNN - TOP PICK
View:
Post by Possibleidiot01 on Apr 29, 2024 1:29pm

John Zechner - BNN - TOP PICK

Rogers Communications (RCI.B -TSX) 

Rogers and all the telecom stocks have traded lower over the past two years as worries about increased competition in wireless, less student immigration to maintain subscriber growth and a general avoidance of the interest-sensitive sector of the market due to sharply higher interest rates. The fundamentals of the company continue to improve though with strong wireless results and the ‘bundling’ of phone, wireless, internet, TV and home security all helping to solidify the customer experience. Streaming also adds to the demand for their services, which have proved resilient in all economic scenarios. The stock trades at only six times forward operating cash flow, generates strong free cash flow and continues to grow.



Comment by Possibleidiot01 on Apr 30, 2024 7:58am
stockchase.com TOP PICK Rogers Communications (B)(RCI.B-T) 29/04/2024   Its earnings reported last week were in line with expectations although it missed on the media side. They have done their capital expenditures, have consolidated the SHAW assets and are a year ahead of schedule on cost savings. It trades at 6X operating cash flow and more of ...more  
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