BCE: Buy, Sell, or Hold?

BCE: Buy, Sell, or Hold?

BCE Inc (TSX:BCE) is one of Canada’s largest telecommunication (telco) companies. The parent company of Bell Canada, as well as media properties like CTV News, is one of the country’s oldest and most widely known. Despite BCE’s massive presence and scale, its stock has been performing poorly in the markets in recent years. Down 25% over the last five years, it has massively underperformed the TSX Index. Also, the company recently cut its dividen…

Is BCE Stock a Buy After Its Dividend Cut? - Stocktrades Canada

Key takeaways BCE’s dividend cut signals a shift in strategy and risk profile The company faces real challenges with debt and profit pressure, and isn’t out of the woods yet Investors need to rethink BCE’s place in their portfolios 3 stocks I like better than BCE right now. It’s not every day we see a giant like BCE slash its dividend by more than half. For investors who counted on Bell as a cornerstone of their income portfolios, this move is a…