Intelligent Investor

Telstra a Long Term Buy


An article from the Intelligent Investor reckons Telstra is a Long Term buy. The Telstra share price is hovering at absolute lows and it is tempting to buy into the stock on the principle of buying stocks cheap in the hope for selling it high. But according to the subscription service that now is the opportunity to get into this blue chip stock. They did recommend the stock earlier in October 2005 long Term Buy at $4.22. People who bought it at those levels must be hurting though. They also recommended the stock in February 2006 at the price $4.06.

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