Updates on your safety-conscious stocks: BCE Inc., Newmont Goldcorp and Cenovus Energy

Article Excerpt

BCE INC. $55.33, is a buy. The telecom (Toronto symbol BCE; Shares o/s: 904.3 million; Market cap: $50.0 billion; TSINetwork Rating: Above Average; Divd. yield: 6.0%; www.bce.ca) is Canada’s largest traditional telephone service provider: it has 2.7 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 3.6 million high-speed Internet users and 2.8 million TV subscribers. In addition, the company sells wireless services to 9.96 million users across Canada and owns TV and radio stations. BCE’s Bell Media division has agreed to provide exclusive content from its CTV News and TSN (sports) channels to Quibi, a new mobile video streaming platform. Quibi, founded by famous movie producer Jeffrey Katzenberg, will stream short videos (typically less than 10 minutes long) to smartphones and tablets. It will also feature original programming from director Steven Spielberg, model Christy Teigen and actor Zac Efron. Quibi launches on April 6, 2020, and cost subscribers $6.99 a month. In addition to attracting more viewers, the deal should also…