Telus Corp.

TELUS CORP. $22 is a buy. The telecom provider (Toronto symbol T; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.5 billion; Market cap: $33.0 billion; Price-to-sales ratio: 1.6; Dividend yield: 7.3%; TSINetwork Rating: Above Average; www.telus.com) has 13.61 million wireless subscribers across Canada....

Our favourite telecom stocks—BCE and Telus—have rebounded from their recent lows. That’s mainly because the Bank of Canada has cut its benchmark interest rate three times since June, from 5.00% to 4.25%.


Lower interest rates help boost the appeal of high dividend-paying stocks compared to bonds....

3M COMPANY $132 remains a buy for long-term gains. The company (New York symbol MMM; Income-Growth Portfolio, Manufacturing sector; Shares outstanding: 549.4 million; Market cap: $72.5 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Average; www.3m.com) spun off its Health Care division as a separate firm called Solventum Corp....

CAE INC. $24 is still a buy for long-term gains. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 318.1 million; Market cap: $7.6 billion; Price-to-sales ratio: 1.7; Dividend suspended in March 2020; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft....

Telus Corp. pays a high 7.2% with 7% to 10% increases promised through to 2025 on the back of reduced spending, increased productivity and better services for customers.

TELUS CORP. $21 is a buy. The telecom provider (Toronto symbol T; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.4 billion; Market cap: $29.4 billion; Price-to-sales ratio: 1.6; Dividend yield: 7.4%; TSINetwork Rating: Above Average; www.telus.com) increased your quarterly dividend by 3.5% with the July 2024 payment....

FIRSTSERVICE CORP. $210 is a buy for aggressive investors. The company (Toronto symbol FSV; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 45.0 million; Market cap: $9.5 billion; Price-to-sales ratio: 1.5; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.firstservice.com) provides property management services to businesses and individuals.


In the first quarter of 2024, FirstService spent $31.6 million on acquisitions (all amounts except share price and market cap in U.S....

Telus and Ovintiv are among the leaders in their respective markets. We still see both stocks as buys.


TELUS, $22.80, is a buy. The stock (Toronto symbol T; Shares outstanding: 1.5 billion; Market cap: $33.8 billion; TSINetwork Rating: Above Average; Dividend yield: 6.6%; www.telus.com) is a Canadian wireless carrier with 13.06 million subscribers....

3M COMPANY, $105.26, New York symbol MMM, is still a buy for long-term gains.

The company makes over 55,000 consumer and industrial goods. Its main brands include Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.

On April 1, 2024, 3M completed its plan to spin off its Health Care division as an independent firm called SOLVENTUM CORP., $62.38, New York symbol SOLV, which is a hold. That business makes products to treat and prevent infection in wounds, dental filling materials, and filtration and purification products.

Shareholders received one share of Solventum for every four shares they held....

TELUS INTERNATIONAL (CDA) INC. $8.69 remains a buy for aggressive investors. The company (Toronto symbol TIXT; Manufacturing sector; Shares outstanding: 275.0 million; Market cap: $2.4 billion; No dividend paid; Takeover Target Rating: Lowest; www.telusinternational.com) operates call centres on behalf of over 650 corporate clients in 32 countries....