Q: Hi, Telus stock has shed about 8% of its value over past 3 weeks and is trading very close to its 52 weeks low of $25.95, back in January. Is this the " higher interest rates for longer fear " for Telcos/Utilities or, there are business issues specific to Telus. If none, does it male sense to add at these levels for income/growth ?
BCE has also declined by about the same %, during the same period, but is still well above its 52 week low.
Thank You
BCE has also declined by about the same %, during the same period, but is still well above its 52 week low.
Thank You