What are your thoughts on Telus and their recent AI announcement?

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Asked on March 23, 2025 12:57 am
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If you mean the one with Nvidia, I don't really expect it to be material to the business. It is definitely a positive sign, but not one that is going to move the needle. I believe we are well past the phase in the markets where mentioning anything AI related moves a stock.

Most of my thoughts from my Value Call back in September still ring true for Telus. I do believe it is discounted, and I will continue to hold it over the mid-term expecting free cash flow expansion and valuation multiple expansion. Here is the article:

https://www.stocktrades.ca/september-8-2024-september-value-call/

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Posted by Dan Kent
Answered on March 24, 2025 7:56 am