BCE, Inc. (USA) (NYSE:BCE)

CAPS Rating: 3 out of 5

A Canadian communication company, providing comprehensive and innovative suite of communication services to residential and business customers in Canada.

Recs

0
Player Avatar scoobster007 (46.02) Submitted: 10/27/2011 3:37:59 PM : Outperform Start Price: $38.68 BCE Score: -0.76

BCE, the largest telephone company in Canada also sells satellite TV, internet, wireless internet, cell phones and increased its interest in media (CTV) recently. it has a high dividend (>5%), its stock has increased about 5% in the last year and will continue to do well medium and in the medium and possibly long term as long as there are no mis steps by management. It can use its size to cross sell and marketing to gain deeper market share in its various markets. While land lines are slowly decreasing, it is holding its own and growing in its various other businesses. It has plenty of cash to keep increasing its dividend as it has in the past. I think the next 2-4 years will tell if it will be a market leader in the long term as well as the short and medium term. Telus and Rogers are two strong competitors that it must watch out for.

Featured Broker Partners


Advertisement