|Bid||52.600 x 800|
|Ask||52.720 x 800|
|Day's Range||52.47 - 52.74|
|52 Week Range||41.28 - 54.10|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||15.03|
|Earnings Date||Dec 20, 2016 - Dec 28, 2016|
|Forward Dividend & Yield||1.47 (2.82%)|
|1y Target Est||58.70|
With the markets in wild gyrations, investors are turning to defensive stocks. That's with good reason. After years of tech and other aggressive growth companies dominating, there's a sense that the tide is turning. With that in mind, what better place would there be to go hunting now than in telecom stocks? * 10 A-Rated Stocks the Smart Money Is Piling Into Telecom stocks are known for their conservative nature. Even during bear markets and recessions, people tend to keep paying for their phones and internet connections. As such, telecom stocks are a solid place to take shelter during volatile market storms. The fact that most telecoms pay large dividends, sometimes in excess of 5%, only adds to the appeal. With all that in mind, what telecom stocks are looking good as we head into 2019? InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Telecom Stocks To Buy Now: Sprint (S) Source: Shutterstock Let's start off the telecom stocks to buy in the United States. Unfortunately, Verizon (NYSE:VZ) has run up sharply in recent weeks and is no longer a strong value at this price. Meanwhile, AT&T (NYSE:T) has bet the farm on content with the Time Warner deal and is not a good choice for risk-averse telecom investors. That leaves us with T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S). For years now, there has been talk about how the two need to merge to stay competitive with AT&T and Verizon. This appears to be the year that, finally, this merger talk will come to fruition. There is a slight hitch in the deal, as the U.S. government shutdown is delaying regulatory approval for the business fusion. Once the government reopens, however, expect the deal to get approved in reasonable time. Both T-Mobile and Sprint have struggled to achieve the sort of profitability that the larger two telecom players have obtained. However, combining T-Mobile's nearly 60 million subscribers with Sprint's 40 million would take the company to 100 million, overtaking AT&T to become number two player in the country. T-Mobile believes it can achieve a whopping $6 billion in yearly cost synergies out of the deal, giving it plenty of funds for robust 5G deployment along with, hopefully, dividends and perhaps a share buyback. ### Telecom Stocks To Buy Now: Telus (TU) Source: Shutterstock Vancouver, Canada-based Telus (NYSE:TU) is a strong choice for yield-seeking telecom investors. The company pays a nearly 5% dividend and is gaining market share in its home country. Telus sported 9 million paying subscribers at the end of 2017, a figure that grew by more than 300,000 versus the previous year. That was in large part powered by its customer churn rate of just 0.9%. That's the best figure in all of North American telecom. Telus stock hasn't been following its underlying business momentum, however. TU stock is at $34, which puts it in the bottom part of its $32.50-$38 52-week range. Why is the market less than enamored of Telus stock? * 7 Stocks to Buy That Are Run By Billionaires For one thing, there's been tons of talk about the Canadian "housing bubble" popping. Home prices, particularly in Toronto and Vancouver, have surged in recent years. Government action to cool the market has led to a reversal in prices. This could lead to a recession. Combine that with the sudden collapse in oil prices, and the Canadian economy is looking a little weaker. That said, telecom stocks hold up during recessions. People keep using their phones regardless. With that 4.8% dividend yield and selling at just 11x forward earnings, TU stock is a buy on any further weakness. ### Telecom Stocks To Buy Now: China Unicom (CHU) Source: Maher Najm via Flickr It's no secret that the ongoing U.S.-China trade war has put a hex on Chinese stocks. While most of the focus has gone to beaten-down Chinese tech companies, that's not the only place where we can go bargain shopping. For example, look at China Unicom (NYSE:CHU), a leading Chinese mobile carrier. The company, as of its latest semi-annual results, is posting strong numbers despite concerns about the Chinese economy. Its service revenue grew by 8.3%, for example, which was more than double the pace of the industry overall. EBITDA and free cash flow both grew by 5%. For a telecom companies these are fine numbers indeed, especially in a so-so economy. So what's the catalyst for 2019? For CHU stock, there are two things to look for. The first is that the end of the trade war should bring a recovery in sentiment. CHU stock slipped from $14 last spring to just $11 primarily on falling Chinese sentiment. The second reason is that Reuters has predicted that in 2019, the China Unicom may pair up with China Telecom (NYSE:CHA) to combine the second and third largest players in the Chinese market. With the rollout of expensive nationwide 5G networks on the way, this would help the two smaller players stay competitive and save money to compete against behemoth China Mobile (NYSE:CHL). In any case, don't overlook the Chinese mobile carriers as a way to play a fast-growing telecom market with huge mobile data demand. ### Telecom Stocks To Buy Now: Telefonica (TEF) Source: Shutterstock It was a rotten no-good year for emerging markets in 2018. Europe didn't have a particularly great showing either. Hence, Spain's Telefonica (NYSE:TEF) put in an underwhelming performance. Telefonica derives 24% of its business from Spain, 14% from Germany, and 13% from the U.K., with most of the rest coming from assorted countries in Latin America. These economies have largely been mediocre to bad in recent years. However, with sustained underperformance comes opportunity. Economic activity tends to revert, and there have been some recent signs of life in various Telefonica markets, notably Brazil, Mexico, and Colombia. The company's operating income has quietly rebounded from just 3.5 billion Euros in 2015 to 5.5 billion in 2016 and 6.8 billion Euros in 2017. * 5 Retail Stocks Suffering Major Markdowns TEF stock is still languishing around the $9 mark, up just modestly off the lows and way down from the $15 level where it generally traded between 2012 and 2015. Regardless, profitability is picking up and the company is one of the most widely diversified telecoms out there. It wouldn't take much for TEF stock to catch a bid. Additionally, it has historically paid extremely generous dividends and currently offers a 5% yield. ### Telecom Stocks To Buy Now: BT Group (BT) Source: BT For many American investors, BT Group (NYSE:BT) is overshadowed by the U.K's Vodafone (NASDAQ:VOD). But don't sleep on BT. The $30 billion market cap BT Group has a rather impressive business of its own. BT has its mobile business, enterprise division, international subsidiaries, and so on. But its crown jewel is Openreach, which controls the phone cables and telecom pipes across Britain. This gives it an effective monopoly over the so-called last mile of connectivity. The government was considering making BT divest this most powerful asset, but so far, it appears the worst of the regulatory storm has passed. Despite that, BT stock is down from more than $30 a share a few years ago to just $15 now. Much of this has been due to Brexit concerns. Businesses in particular have spent less in preparation for a potential slowdown in the British economy. BT's Italian subsidiary also was hit with an accounting scandal. Regardless, the selling is way overdone, as the company remains strongly profitable (11x trailing earnings) and has maintained its greater than 6% dividend yield despite the share price decline. Make no mistake, BT stock is a blue chip telecom to buy at a deep discount. At the time of this writing, Ian Bezek owned TEF, BT, and VOD stock. You can reach him on Twitter at @irbezek. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors * 7 Stocks at Risk of the Global Smartphone Slowdown * 7 Pharmaceutical Stocks That Just Raised Prices This Year Compare Brokers The post The 5 Best Telecom Stocks to Buy Now appeared first on InvestorPlace.
Dec 20 (Reuters) - Sichuan Tianyi Comheart Telecom Co Ltd : * SAYS IT WINS CHINA TELECOM'S BID FOR 399 MILLION YUAN ($57.77 million) Source text in Chinese: https://bit.ly/2PQ9w6H Further company coverage: ...
With the third-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was China Telecom Corporation Limited (NYSE:CHA). China Telecom Corporation Limited (NYSE:CHA) […]
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying for a while now that the current market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the fourth quarter, […]
Dec 7 (Reuters) - China Telecom Corp Ltd: * SINGAPORE'S GIC SELLS 24.41 MLN SHARES IN CHINA TELECOM AT AN AVERAGE PRICE OF HK$4.0080 EACH ON DEC 6 - HKEX FILING * SINGAPORE'S GIC OWNS 4.93 PERCENT STAKE ...
Dec 7 (Reuters) - China Telecom Corp Ltd: * 2635-2655MHZ SPECTRUM WILL BE RETRIEVED BY MINISTRY OF INDUSTRY AND INFORMATION TECHNOLOGY OF PRC * GRANTED APPROVAL FROM MIIT OF CHINA TO UTILISE 3400-3500MHZ ...
According to the GuruFocus All-in-One Screener, the following companies have high business predictability ratings and a wide margin of safety. The company has a business predictabilty rating of 3.5 out of five stars and, according to the discounted cash flow calculator, a 16% margin of safety at $172 per share. The provider of software-defined application services has a market cap of $10.59 billion.
Nov 19 (Reuters) - Keysight Technologies Inc: * KEYSIGHT TECHNOLOGIES INC SAYS EXTENDED ITS COLLABORATION WITH CHINA TELECOM TO ACCELERATE COMMERCIAL DEPLOYMENT OF 5G TECHNOLOGY * KEYSIGHT TECHNOLOGIES ...
Google's services went down for an hour yesterday after its IP addresses were routed way from normal paths to Nigeria, China and Russia. Google told Ars Technica it doubted the leak was malicious, despite the fact that government-owned China Telecom was recently caught routing Western carrier traffic through mainland China. Some of Google's most sensitive data, including its corporate WAN infrastructure and VPN, were reportedly redirected.
NYSE: CHA) is pleased to announce that the print and online versions of its 2017 Annual Report "Co-Building Our Smart Future" has won 19 gold accolades in global competitions, achieving remarkable performance this year. In addition, the Company stood out from global competitors and set a new record by winning the Grand Award on cover design in 2018 International ARC Awards. The cover design of China Telecom's 2017 Annual Report is inspired by the concept of "Ecosystem-Tetris".
Two important questions to ask before you buy China Telecom Corporation Limited (HKG:728) is, how it makes money and how it spends its cash. What is left after investment, determines Read More...
MANILA, Nov 7 (Reuters) - A consortium involving China Telecom has committed to making the required capital expenditure in its bid to secure the third major telecoms license in the Philippines, a company ...
HELSINKI (Reuters) - Finnish mobile telecom network maker Nokia (NOKIA.HE) announced on Wednesday that it had signed frame deals with China Mobile , China Telecom and China Unicom worth more than 2 billion ...
A consortium of China Telecom and firms controlled by a Filipino tycoon appeared poised on Wednesday to win the Philippines' third telecoms license, after two rival bids were rejected and foreign players tipped to participate opted out. State-controlled China Telecom joined businessman Dennis Uy, whose interests include real estate, energy, shipping and logistics, under a consortium called Mislatel, hoping to win the right to challenge existing players Globe Telecom (GLO.PS) and rival PLDT (TEL.PS). The third license, which could be awarded by year-end, comes at the behest of Philippine President Rodrigo Duterte and aims to boost the country's notoriously patchy services and end a domestic duopoly long accused of being uncompetitive.
A consortium involving China Telecom and a Filipino tycoon was the only bid in contention for the Philippines' third major telecom license after two rival entries were rejected at Wednesday's auction, the selection committee said. The bids submitted by a consortium of TierOne and LCS Group of Companies called Sear Telecommunications, and another by Philippine Telegraph & Telephone Corp were disqualified because they were incomplete, the committee said. The qualifying consortium passed the first stage of the bidding and includes China Telecom and two firms owned by Davao City businessman Dennis Uy - Udenna Corporation, a holding company, and Chelsea Logistics Holdings, one of its units.
Paying some of Asia's highest telecom charges while suffering slow Internet and frequent dropped calls, Filipinos will expect better service once the government picks a new entrant to break a duopoly in a market worth $5.1 billion annually. Having warned Globe Telecom and rival Smart, owned by PLDT, two years ago that he would open the door to competition unless they improved, President Rodrigo Duterte's patience ran out. On Wednesday the government open an auction for a licence, and by the end of the year there should be a third operator in the Philippines, a lucrative market of 105 million people.
We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the government. The 13F filings show the funds’ and investors’ portfolio positions as of June 30. In this article we look at what those investors think of NXP Semiconductors NV (NASDAQ:NXPI) and compare it […]
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** China Telecom Corp Ltd, a state-owned ...
Oct 31 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** China Telecom ...
HONG KONG, Oct 29 (Reuters) - China Telecom Corp Ltd on Monday said nine-month profit rose 2.7 percent year-on-year to 19 billion yuan ($2.73 billion). Operating revenue rose 3.6 percent to 285 billion ...
Oct 29 (Reuters) - China Telecom Corp Ltd: * 9-MONTH OPERATING REVENUES WERE RMB284,971 MILLION, REPRESENTING AN INCREASE OF 3.6% * 9-MONTH PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF COMPANY WAS RMB19,034 ...
According to the GuruFocus All-In-One Screener, the following companies have grown their book value per share (BV/S) over the last decade. BV/S is calculated as total equity minus preferred stock, divided by shares outstanding. Since the BV/S may not reflect the company's true value, some investors check the tangible book value to confirm their investment ideas.