Is Telstra back in the buy zone?
I have been a long-time fan of Telstra (TLS), not because it is a great company – because it is not – but because it is the dominant player providing services that none of us can go without. Further, as an investor, it is a super defensive stock which has reliable earnings, those earnings have been steadily increasing and it pays a good, almost fully franked dividend, which has also been increasing.