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🔥Better Buy in April 2024: BCE or Telus Stock?👀📈

📉💼 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 lining—if you're game to weather the storm! 💪💸
📈🔍 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! 😓💸
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🔥Better Buy in April 2024: BCE or Telus Stock?👀📈
📊BCE 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.
📊Telus 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.
🔥Better Buy in April 2024: BCE or Telus Stock?👀📈
📊Conclusion:
📈 When it comes to BCE and Telus, it seems Telus might have a little edge because of its super exciting wireless biz! 📡🚀 But hey, friends, don't rush into anything! Make sure you give each option a thorough once-over and think about the risks involved. 🤔
BCE🆚Telus | Which one do you pick???
Share your thoughts and strategies with us in the comments below! 👇💰💡
🚀 Let's make some money, y'all! 💰🎉
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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