Topic: How To Invest

TELUS $38.35 – Toronto symbol T

TELUS $38.35 (Toronto symbol T; Shares outstanding: 615.0 million; Market cap: $23.5 billion; TSINetwork Rating: Above Average; Dividend yield: 4.0%; www.telus.com) continues to expand its health care division, which helps doctors, pharmacies and hospitals convert patient records and other information to
electronic formats.

The company recently paid an undisclosed sum for ZRx Prescriber, an app that lets doctors write prescriptions through their tablet computers and smartphones. The app can also access a patient’s drug-insurance information, which speeds up claims and cuts down on errors.

Over 520 clinics in Ontario and Quebec use ZRx Prescriber to process 400,000 prescriptions a month. Telus aims to bring the number of Canadian doctors using it to over 13,000.

Telus is a buy.

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