Telus Corp.

Toronto symbol T.A, provides local and long distance telephone service in B.C., Alberta and parts of Quebec, and wireless service across Canada.

TELUS, $30.26, is a buy. The stock (Toronto symbol T; Shares outstanding: 1.4 billion; Market cap: $40.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.3%; www.telus.com) gives you a stake in a wireless business with 11.2 million subscribers....
LOBLAW COMPANIES LTD. $101 is a buy. The company (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 338.1 million; Market cap: $34.1 billion; Price-to-sales ratio: 0.6; Dividend yield: 1.4%; TSINetwork Rating: Above Average; www.loblaw.ca) is Canada’s largest food retailer, with 1,096 supermarkets....
BCE and Telus are high-quality telecoms, and their businesses were well-prepared to withstand COVID-19 slowdowns. Longer term, the launch of their new ultrafast 5G wireless networks provide strong growth prospects and should boost cash flow to pay for dividend increases.


TELUS, $29.76, is a buy. The stock (Toronto symbol T; Shares o/s: 1.4 billion; Market cap: $40.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.4%; www.telus.com) gives you a stake in a wireless business with 11.2 million subscribers....
Download our free report and discover 7 stocks due for big gains after investors use tax-loss selling to cut their Canadian capital gains tax.
SHAW COMMUNICATIONS INC. $37 is a hold. The company (Toronto symbol SJR.B; Utilities Sector; Shares outstanding: 498.7 million; Market cap: $18.5 billion; Dividend yield: 3.2%; Takeover Target Rating: Lowest; www.shaw.ca) recently accepted a takeover offer from rival cable TV and wireless carrier Rogers Communications Inc....
The traditional telecommunications service providers, such as Telus and BCE, are trading at substantially lower valuations than other “infrastructure” type companies. This is not only true for Canadian companies, but also for U.S. and other similar companies in Europe.


Infrastructure type companies such as telecommunications, pipelines, utilities, and railroad companies have delivered comparable financial results over the past five years—so this provides scant reason for the significant valuation differences....

TELUS CORP. $29 (www.telus.com) is a buy. Telus added 320,000 new subscribers (including cellphones, Internet and TV services, net of cancellations) in the third quarter of 2021. That’s a gain of 15.5% from 277,000 a year earlier....
5G wireless networks are up to 100 times faster than the current systems. That extra speed will not only help BCE and Telus attract new customers, it will also spur more businesses to use automobiles and other objects connected to the Web (known as the “Internet of Things”)....
BCE and Telus are high-quality telecoms, and their businesses were well-prepared to withstand COVID-19 slowdowns. Longer term, recent launches of their new ultrafast 5G wireless networks provide strong growth prospects and should boost cash flow to pay for dividend increases....
Canada’s top telecoms recently bought new wireless spectrum (wireless frequencies) under Ottawa’s latest auction. These investments will help them expand the rollout of 5G service to more areas. The faster speeds will also attract new customers, and let these companies keep raising their dividends.


BCE INC....