๐ฅBetter Buy in April 2024: BCE or Telus Stock?๐๐
๐๐ผ It's rough out there for Telus and BCE stocks. The Canadian market's bouncing back, fueled by hopes for lower rates and tech sector mojo. But banks and telecoms are still struggling, facing headwinds that won't quit in 2024. Still, for dividend lovers, there's a silver liningโif you're game to weather the storm! ๐ช๐ธ
๐๐ As April rolls in, it might be time to tiptoe back into the dividend game. Some giants are at multi-year lows. But remember, low doesn't guarantee a comeback! When stocks tank, think about dollar-cost averaging. It's not perfect, but it beats stressing over every dip! ๐๐ธ
๐๐ As April rolls in, it might be time to tiptoe back into the dividend game. Some giants are at multi-year lows. But remember, low doesn't guarantee a comeback! When stocks tank, think about dollar-cost averaging. It's not perfect, but it beats stressing over every dip! ๐๐ธ
๐๐๐๐๐๐๐๐๐
๐BCE Analysis:
$BCE Inc (BCE.CA)$ offers a higher yield compared to Telus.
Despite a significant decline in stock price, there may be value in BCE, especially for those who liked it at higher prices.
The current price presents an opportunity for investors comfortable with averaging down.
๐Telus Analysis:
$TELUS Corp (T.CA)$ recently experienced a crash, with a dividend yield around 7%.
While the dividend payout seems sustainable, negative momentum may continue, potentially leading to further declines.
Incremental buying could be a prudent approach for investors considering Telus.
$BCE Inc (BCE.CA)$ offers a higher yield compared to Telus.
Despite a significant decline in stock price, there may be value in BCE, especially for those who liked it at higher prices.
The current price presents an opportunity for investors comfortable with averaging down.
๐Telus Analysis:
$TELUS Corp (T.CA)$ recently experienced a crash, with a dividend yield around 7%.
While the dividend payout seems sustainable, negative momentum may continue, potentially leading to further declines.
Incremental buying could be a prudent approach for investors considering Telus.
๐Conclusion:
๐ When it comes to BCE and Telus, it seems Telus might have a little edge because of its super exciting wireless biz! ๐ก๐ But hey, friends, don't rush into anything! Make sure you give each option a thorough once-over and think about the risks involved. ๐ค
BCE๐Telus | Which one do you pick???
Share your thoughts and strategies with us in the comments below! ๐๐ฐ๐ก
๐ Let's make some money, y'all! ๐ฐ๐
๐ Let's make some money, y'all! ๐ฐ๐
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