The Canadian Telecoms

I’ve written another post for Dividend Stocks Online titled, The Canadian Telecoms.  It is a review of the Canadian telecoms listed on the NYSE, and is intended for U.S. investors. I review the Canadian telecom sector in relation to its economic moat, as well as briefly review the company fundamentals. Here is a snippet: “The Canadian Telecommunication companies such as Bell (BCE-N), Rogers (RCI-N), Telus (TU-N), and Shaw (SJR-N), are exceptional dividend paying stocks. As a U.S. investor, you can take part in four of Canada’s largest communication companies which will pay you a generous dividend yield. More importantly, you …

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Stock Trades ~ November 2010

[adsenseLeft] A Stop Loss was triggered for Pengrowth Energy Trust (PGF.UN-T) @ $12.75 on November 9th, for a net profit of $308.25 . A few more of those trades and I’m getting some good returns, and reduced commissions as well. I really liked Pengrowth since it has great growth potential, and an excellent dividend yield. So I was sad to see it sold, but I stick to my plan. Stop Losses help prevent real losses and maximize profits. I will buy Pengrowth again should the price decline or there is a breakout. From the proceeds of Pengrowth I purchased 50 …

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Update on Rogers Communications

Rogers continued to decline last week amidst lower than expected earnings, and a perception among investors of heated competition in the cellular and wireless industry.  Rogers closed the week at $36.51. Rogers started to turn upwards on Wednesday from an intraday low of $36.07, indicating some strength and upside potential. This week should provide an indication of the stock’s direction. $36.00 to $36.50 may signal a buy opportunity, with a stop-loss at $36.00 to protect against  further downside risk (the next support level being around $34.00 per share).

Time to Buy Rogers?

I had been watching Rogers Communications (RCI.B) for a couple of months now. But once the stock started hitting $39 and $40 I felt it was overpriced and out of reach. I was waiting for a correction as a buy signal. So when Rogers missed earnings expectations today – big time, I was paying attention. In a previous article Bad News Investing ~ Profit from Crisis, I discussed how when companies get hit with bad news, it can be a great buy opportunity. Today Rogers Communications Inc. (RCI.B-T) reported weak third quarter earnings, posting a profit drop of 24 per …

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