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Stock impact report

Is Telus a Good Stock to Buy Now? [Yahoo! Finance Canada]

TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT) 
Telus TSX:T ) sat out most of the TSX rally that occurred over the past two years. Contrarian investors are wondering if Telus stock is now undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on dividend income. Telus share price Telus trades near $22 per share at the time of writing. The stock is up about 12% in 2025, but is way off the $34 it fetched back in the spring of 2022. Rising interest rates caused most of the grief in the second half of 2022 and through 2023. Telus carries a lot of debt on its balance sheet. The sharp rise in borrowing costs over such a short period of time drove up interest expenses on variable-rate loans and made it more expensive to borrow additional funds. In late 2023, the Bank of Canada signalled it was done raising interest rates to fight inflation. The central bank then started to reduce rates in the second half of last year. This led to a rebound in Show less Read more
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