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Last edited 5 years ago
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#Bull Case
stale
Added 6 years ago

Telstra is held by more investors than any othe ASX stock and yet is unloved by many. Some bought 'for the yield' and found out that even blue chips are not guaranteed investments. Others have bought for the turnaround to find out how slowly big ships take to turn. The combination of an oversold story with the sheer number of people invested in this company will help it recover some of its former glory. Telstra will never return to the heady days of 1999 when it was priced as a tech company but it will redeem itself to be cheered on by a hopeful crowd.