TLS 2.07% $3.95 telstra group limited

Ten stocks to watch as the Australian dollar drops

  1. 2,749 Posts.
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    TLS got a mention in the AFR today:

    Tipped to rise: Telstra

    Australian equity mainstay Telstra is also tipped to enjoy a lift as the dollar drops off as its reliability and size will stand it in good stead as investors seek security.

    "In a higher-risk environment, investors reward defensive factors. Large-cap stocks outperform along with those with stable earnings, strong profitability and supportive valuations," Macquarie researchers said.
    On Tuesday morning it was trading at $6.23, up 13.71 per cent since June 2014
 
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