1001 ET - Canadian telcos provide a safety net during turbulent times caused by widespread U.S. tariffs, says TD Cowen's Vince Valentini. In a report, the analyst says that "these are stocks with minimal direct exposure to tariffs, and business models that have proven to be resilient in recessionary environments." Valentini ranks Canada's telcos in order of safety and yield strength, starting with Telus as one of the highest-yielding large cap names in Canada. Following that, he sees Cogeco, Quebecor. Omitted from the list are two big names: Rogers Communications and BCE. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
April 08, 2025 10:01 ET (14:01 GMT)
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