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Cogeco

Buy Cogeco stocks

COGECO (COG) Stocks

ABOUT COGECO

Cogeco Inc. is a Canadian telecommunications and Media Company headquartered in Montreal, Quebec, which serves residential and commercial customers through various subsidiaries. The company has a history dating back to 1957 with the establishment of television station CKTM-TV.

In 1972 Cogeco Inc. made its first cable acquisition of La Belle Vision, and in 1986 the company acquired CFGL-FM, its first Montreal-area radio station. In 1987 the company acquired several regional cable companies in the province of Quebec, tripling its customer base in the process.

Cogeco Inc. commenced the expansion of its portfolio outside of its Quebec in 1989 with the acquisition of the Burlington and Oakville systems in Ontario of Cybermedix and CableNet Ltd, growing from a regional operator into a major national company, further doubling its customer base. In 1994 it became the first company in Canada to offer high-speed Internet service over its cable network. In 2008 the company entered the Business ICT sector with the acquisition of the Hydro Telecom fiber network in Ontario.

Cogeco Inc. purchased the Quebec radio stations of the Corus network, bringing the number of stations under its operations to 13. The following year the company expanded into the U.S market with the acquisition of the cable system operator Atlantic Broadband.

In 2014 the company reached milestone revenue of over US Dollar 2 billion.

OVERVIEW OF COGECO

  • Today Cogeco Inc is a diversified holding corporation which operates in the communications and media sectors. Cogeco Inc.’s Cogeco Communications Inc. subsidiary provides residential and business customers with Internet, video and telephony services through its two-way broadband fibre networks, operating in Québec and Ontario, Canada, under the Cogeco Connexion name, and in the United States under the Atlantic Broadband.

  • Cogeco Inc.’s Cogeco Media subsidiary owns and operates 23 radio stations with complementary radio formats and extensive coverage serving a wide range of audiences mainly across the province of Québec, as well as Cogeco News, a news agency.

VISION AND VALUES OF COGECO

  • Cogeco Inc operates according to five core values, respect, trust, team work, innovation, and commitment to customer service.

  • The company supports a wide variety of social contribution activities beyond providing services, which aim to address the needs of communities in regions it serves and helps them realize projects that are important to them and that reflect the company’s corporate values.

MARKET PERFORMANCE OF COGECO

  • Cogeco Inc trades on the Toronto Stock Exchange (TSX), where investors can buy shares under the stock symbol –COG.

  • Data from Cogeco Inc.’s 2019 financial analysis shows that consolidated revenue increased by 8.0% to reach US Dollar 2.44 billion, while adjusted EBITDA reached US Dollar 1.13 billion, up by 9.4%. Profit for the year reached US Dollar 443.5 million and Cogeco Inc. generated free cash flow of US Dollar 469.2 million. Dividends paid to shareholders increased by 10.3% to US Dollar 1.72 per share.

  • Cogeco Inc.’s stellar performance has allowed it to deliver a flourishing share price for investors with good long-term growth in dividends, securing a solid buy-in for those who choose to purchase shares today.

Buy COGECO stocks / shares – A Step by Step Guide how to Buy / Purchase COGECO Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy COGECO Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN COGECO STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE COGECO STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of COGECO stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy COGECO stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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