This new firm still has long-term appeal

In February 2021, Telus Corp. (Toronto symbol T) set up its business services unit International as a separate, publicly traded company. The new firm’s shares are now down 65% since the initial public offering. That’s mainly because many of its larger clients, particularly in the… Read More

Enjoy a high 6.1% from Telus

Additional new users and an HR software acquisition led to a 12.4% jump in revenue for Telus during the most-recent quarter.

What’s more, this firm is a leading competitor in its market; look for that to cut your ongoing risk.

Meanwhile the stock trades at 24.5 times… Read More

Telus’s dividend still looks safe

TELUS CORP. $24 is still your #1 Income Buy for 2023. The company (Toronto symbol T; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.4 billion; Market cap: $33.6 billion; Price-to-sales ratio: 1.7; Dividend yield: 6.1%; TSINetwork Rating: Above Average; www.telus.com) is Canada’s second-largest wireless carrier (after… Read More

Telus lowers its outlook

TELUS, $23.11, is a buy. The company (Toronto symbol T; Shares o/s: 1.4 billion; Market cap: $33.9 billion; TSINetwork Rating: Above Average; Divd. yield: 6.3%; telus.com) owns 72.2% of Telus International (Cda) Inc. (Toronto symbol TIXT)—a call centre operator.
Telus International has cut its revenue and earnings forecasts for 2023… Read More

New businesses enhance their outlooks

Telus and its recent spinoff, Telus International, recently completed significant acquisitions. While the use of acquisitions to expand adds risk, we feel these new operations will spur their profits for years to come.
TELUS CORP. $25 is your #1 Income Buy for 2023. The company (Toronto symbol T;… Read More

Telus benefits from EV trend

TELUS, $25.99, is a buy. The stock (Toronto symbol T; Shares o/s: 1.4 billion; Market cap: $37.2 billion; TSINetwork Rating: Above Average; Dividend yield: 5.6%; www.telus.com) is Canada’s second-largest wireless carrier (after BCE) with 12.16 million subscribers. It also sells landline phone, Internet and TV services in B.C., Alberta… Read More