TELUS Corp shares rise and outperform Canadian market
Updated
Updated · MarketWatch · May 1
TELUS Corp shares rise and outperform Canadian market
13 articles · Updated · MarketWatch · May 1
The stock gained 0.35% to C$17.07 on Friday as the S&P/TSX Composite Index fell 0.22% to 33,891.18 in a broadly negative session.
TELUS ended 26.4% below its 52-week high of C$23.18, reached on 22 August.
Trading volume was 4.2 million shares, below the company's 50-day average of 7.1 million, suggesting relatively muted investor activity despite the outperformance.
Is TELUS a deep value opportunity for investors or a classic value trap?
Can TELUS's pivot to AI and healthcare save its 'unsustainable' high dividend?
Will the incoming CEO sell major assets to fund its high-tech ambitions?