Q: What are your thoughts on buying some Telus right now ? Also your thoughts on BCE as opposed to Telus?
5i Research Answer:
Neither is overly exciting but we think both can be accumulated for income investors. We would temper expectations for gains but the dividends should be secure with possibly some growth as well. Sentiment on both is very low, and so are valuations. Thus, any positive news could have an amplified impact. Lower interest rates (whenever they occur) could also help these stocks over time.