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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (145522)4/19/2023 4:41:41 PM
From: Goose94Read Replies (2) | Respond to of 202668
 
BCE (BCE-T) top pick from Brian Madden on BNN.ca Market Call Wednesday April 19th @ 1200ET

BNN.ca is owned by Bell Media, which is a division of BCE.

BCE is the country’s largest telecommunications and media company with wireline and wireless businesses, conventional and specialty TV channels as well as various smaller lines of business. The company earns a robust 16 per cent return on its shareholder’s equity and has grown dividends at a five per cent compound rate over the past decade. Both the profitability (return on equity) and the pace of dividend growth are well supported by declining capital intensity as the company has invested heavily in network expansion and is poised to reap the cash flows from this initiative in the coming years. BCE has a clear edge in financial strength and in operational focus versus several of its peers who are now digesting large acquisitions – one of the reasons we opted to switch shares of Quebecor for BCE recently.

Latest purchase April 2023 at $63.35