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Investment Strategies / Falling Knives
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Author: tecmo ⎊  😊 😞
Number: of 671 
Subject: BCE
Date: 11/07/2024 4:30 PM
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No. of Recommendations: 5
Bell Canada (trades on both TSX and NYSE) is down to 20 year plus lows, and had a 10% yield if that is what you care about.

The main reason for the drop is the debt load (rising rates squeezed their cash flow). They had plans to pay down some debt, but instead decided to roll the dice and buy up Ziply (a fiber operator in the US).

tecmo
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