Three key updates to spur your 2021 success: Telus, ShawCor and Colliers

Article Excerpt

TELUS CORP. $26 is a buy. The stock (Toronto symbol T; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.3 billion; Market cap: $33.8 billion; Price-to-sales ratio: 2.3; Dividend yield: 4.8%; TSINetwork Rating: Above Average; www.telus.com) lets investors tap Canada’s third-largest wireless carrier after Rogers Communications (No. 1) and Bell Mobility (No. 2). The company also sells landline phone, Internet, TV and home security services in B.C., Alberta and eastern Quebec. The company owns Telus Health, which helps clinics, pharmacies and hospitals manage electronic patient records. The COVID-19 pandemic continues to spur demand for Telus Health’s Babylon service; it lets doctors and other healthcare professionals perform routine exams over an Internet-connected smartphone. Doctors can also send prescription information to a local drugstore for pick-up. While this division is just a small part of Telus’s overall operations, the company could eventually spin Telus Health off as a separate firm—just as it did Telus International. That company is now solely focused on its call centres. Telus is a..