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Telstra Corp Ltd (TLS) $3.93

TLS needs no introductions, this $45bn goliath has been consolidating its post COVID gains for most of 2022 with an Est yield of 4% still attractive for our Income Portfolio over the next 12-months. There’s not surprisingly no change to what we wrote last week, we like TLS’s earnings outlook under new boss Vicki Brady and we actually believe  it could be one beneficiary if Scott Morrison fails to retain power in May with a potentially improved NBN position on the table – the stock certainly fits our desired defensive stance towards equities through 2022.

TLS
MM likes TLS under $4
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Telstra Corp Ltd (TLS)
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