TU - How To Play TELUS Stock For U.S. Investors
Investment Thesis
Avoid this stock because of its valuation. This is a good business and may be a good investment if there is a market correction of about 50%. At this valuation, the stock price is not attractive.
Introduction
TELUS (NYSE: TU) is a Canadian telecom provider with 12.7 million subscriber connections, including 8.6 million wireless subscribers, 1.7 million high-speed Internet subscribers, 1.4 million residential network access lines and more than 1.0 million TELUS TV subscribers.
Effect of Arrest of Huawei executive on TELUS 5G Rollout
On December 1, 2018, a leading executive and vice