BCE Inc. (TSX:BCE)(NYSE:BCE) and Telus Corporation (TSX:T)(NYSE:TU) are two of the three largest communications companies in Canada, and both of their stocks represent attractive long-term investment opportunities today.
Right now, investors have beaten up Telus Corporation (TSX:T)(NYSE:TU), which is a highly irrational decision. Despite what other investors are doing, I believe you should not only hold your shares of Telus, but also start buying more.
They come with everything an income investor is looking for. These companies have great moats, are cemented into place by decades of marketing, have spent billions on infrastructure, and have limitations on foreign competition.