BCE Inc. (USA) (BCE), TELUS Corporation (USA) (TU): Canadian Telecoms Could Bounce Back

Rogers Communications Inc. (USA) (NYSE:RCI)’ EPS is steadily growing on a year-over-year basis. It is also deploying its wireless LTE network, and enhancing its video and data platforms.

Conclusion
After reviewing these sold-off Canadian telecom stocks, the best bet for turnaround potential seems to be TELUS Corporation (USA) (NYSE:TU) as it sets its sights on higher-growth mobile-related operations. The company’s stock seems poised for a recovery. The P/E ratio is 16.2 times trailing 12 month earnings.

BCE Inc. (USA) (NYSE:BCE) is looking to maintain its position as the top provider of telecom services in Canada. It is a potential solid choice for buy and hold investors. They also offer a solid dividend yield of about 5.2%. Rogers Communications Inc. (USA) (NYSE:RCI) holds upside as a growth stock, while yielding 4%. Their appeal is limited a bit, though, by a sizable long-term debt load.

The article Canadian Telecoms Could Bounce Back originally appeared on Fool.com.

Damon Churchwell has no position in any stocks mentioned. The Motley Fool recommends Rogers Communications (USA). 

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