Search for an ETF or holding
Market cap, P/E, dividends and returns.
Find the stocks that fit you.
The Communication Services sector includes companies that facilitate communication and provide related services. This sector contains sub-sectors such as telecommunication services, media, and entertainment.
A Canadian investor may want exposure to the Communication Services sector for diversification benefits, as it can provide a unique mix of growth and income opportunities. This sector can also be attractive based on a macro thesis, such as increasing demand for digital services.
Canadian investors should consider balance-sheet quality and competitive moat when picking individual stocks in the Communication Services sector. A strong balance sheet can indicate financial stability, while a competitive moat can signify a company's ability to maintain market share.
The TFSA is the tax-optimal account for Communication Services stocks, as it shelters income and gains from taxation, allowing investors to keep their entire return. Since the Canadian dividend tax credit does not apply in a TFSA, and many Communication Services stocks are US-based and subject to withholding tax, the…
Google (GOOG.TO) — offers a wide range of online services including search, advertising, and cloud computing. Meta (META.TO) — operates several major social media platforms, including Facebook and Instagram, to connect people and facilitate online interactions.
TFSA — Growth stocks like Alphabet and Meta pay little to no dividend — capital gains are fully tax-sheltered inside a TFSA.
The Communication Services sector in Canada includes stocks of companies providing telecommunications, media, and internet services. Some notable communication services stocks listed in Canada are those of major telecommunications companies.
In the Communication Services sector, Canadian investors should consider the tax implications of holding U.S. or Canadian stocks. For U.S. stocks, a 15% withholding tax on dividends applies in non-registered and TFSA accounts, but is eliminated in an RRSP due to the Canada-U.S. tax treaty.
For Canadian investors looking to gain exposure to the Communication Services sector, there are two main options: buying individual stocks or a sector-specific ETF. Buying individual stocks can provide more control over the portfolio, but it also increases the risk if one stock performs poorly.
ETFs | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
GO GOOG.TO Alphabet Inc. | Communication Services | TSX | +321 | $2.6T | $57.14 | +116.4% | 27.37 | 0.23% | 1.27 | |
GO GOOGL Alphabet Inc. | Communication Services | NASDAQ | +572 | $2.1T | US$358.99 | +124.9% | 28.99 | 0.23% | 1.27 | |
GO GOOG Alphabet Inc. | Communication Services | NASDAQ | +321 | $1.9T | US$355.68 | +121.3% | 28.74 | 0.23% | 1.27 | |
ME META.TO Meta Platforms, Inc. | Communication Services | TSX | +520 | $1.8T | $33.16 | -7.3% | 21.79 | 0.34% | 1.24 | |
ME META Meta Platforms, Inc. | Communication Services | NASDAQ | +520 | $1.4T | US$622.98 | -4.8% | 22.99 | 0.33% | 1.24 | |
NF NFLX Netflix, Inc. | Communication Services | NASDAQ | +252 | $343.3B | US$81.52 | -27.2% | 27.75 | — | 1.55 | |
TM TMUS T-Mobile US, Inc. | Communication Services | NASDAQ | +174 | $196.4B | US$181.45 | -20.2% | 19.93 | 2.18% | 0.32 | |
VZ VZ Verizon Communications Inc. | Communication Services | NYSE | +233 | $194.8B | US$46.65 | +18.9% | 11.66 | 5.92% | 0.22 | |
DI DIS The Walt Disney Company | Communication Services | NYSE | +189 | $172.6B | US$99.39 | -7.4% | 16.29 | 1.47% | 1.42 | |
T T AT&T Inc. | Communication Services | NYSE | +222 | $163.6B | US$23.55 | -3.8% | 8.16 | 4.48% | 0.42 | |
SP SPOT Spotify Technology S.A. | Communication Services | NYSE | $100.2B | US$487.54 | -20.7% | 33.22 | — | 1.55 | ||
CM CMCSA Comcast Corporation | Communication Services | NASDAQ | +205 | $83.8B | US$23.52 | -19.9% | 4.88 | 5.31% | 0.69 | |
NT NTES NetEase, Inc. | Communication Services | NASDAQ | +17 | $78.6B | US$122.64 | -4.0% | 15.75 | 2.46% | 0.80 | |
AM AMX América Móvil, S.A.B. de C.V. | Communication Services | NYSE | +14 | $76.8B | US$25.54 | +52.1% | 15.20 | 2.23% | 0.28 | |
WB WBD Warner Bros. Discovery, Inc. | Communication Services | NASDAQ | +128 | $67.7B | US$27.00 | +187.4% | — | — | 1.57 | |
NB NBIS Nebius Group N.V. | Communication Services | NASDAQ | $55.5B | US$251.68 | +452.8% | 89.22 | — | 1.24 | ||
EA EA Electronic Arts Inc. | Communication Services | NASDAQ | +208 | $50.8B | US$202.63 | +38.0% | 57.47 | 0.38% | 0.66 | |
TT TTWO Take-Two Interactive Software, Inc. | Communication Services | NASDAQ | +158 | $40.1B | US$215.80 | +0.6% | — | — | 0.97 | |
LY LYV Live Nation Entertainment, Inc. | Communication Services | NYSE | +115 | $38.2B | US$164.25 | +16.0% | — | — | 1.11 | |
BI BIDU Baidu, Inc. | Communication Services | NASDAQ | $36.5B | US$132.68 | +53.2% | — | — | 0.52 | ||
CH CHT Chunghwa Telecom Co., Ltd. | Communication Services | NYSE | $34.8B | US$44.90 | +2.4% | 27.53 | 3.82% | 0.11 | ||
VO VOD Vodafone Group Public Limited Company | Communication Services | NASDAQ | +1 | $34.7B | US$15.05 | +49.9% | — | 3.70% | 0.32 | |
BC BCE.TO BCE Inc. | Communication Services | TSX | +33 | $31.8B | $34.08 | +22.2% | 5.14 | 5.03% | 0.58 | |
RB RBLX Roblox Corporation | Communication Services | NYSE | +102 | $29.3B | US$43.68 | -44.1% | — | — | 1.50 | |
T T.TO TELUS Corporation | Communication Services | TSX | +222 | $26.7B | $17.10 | -15.2% | 28.85 | 9.67% | 0.74 | |
RD RDDT Reddit, Inc. | Communication Services | NYSE | +83 | $24.1B | US$169.49 | +36.0% | 50.29 | — | 1.85 | |
BC BCE BCE Inc. | Communication Services | NYSE | +33 | $22.9B | US$24.51 | +21.1% | 5.13 | 5.12% | 0.58 | |
VI VIV Telefônica Brasil S.A. | Communication Services | NYSE | $21.1B | US$13.21 | +36.9% | 16.85 | 7.17% | 0.31 | ||
OM OMC Omnicom Group Inc. | Communication Services | NYSE | +133 | $21.0B | US$73.74 | +5.0% | — | 4.40% | 0.68 | |
FW FWONK Formula One Group | Communication Services | NASDAQ | +57 | $19.5B | US$86.88 | -8.5% | 39.65 | — | 0.67 | |
TU TU TELUS Corporation | Communication Services | NYSE | +24 | $19.2B | US$12.28 | -19.2% | 29.19 | 9.78% | 0.74 | |
SA SATS EchoStar Corporation | Communication Services | NASDAQ | +63 | $19.2B | US$120.92 | +530.1% | — | — | 0.96 | |
CH CHTR Charter Communications, Inc. | Communication Services | NASDAQ | +129 | $18.2B | US$129.01 | -65.2% | 3.90 | — | 0.76 | |
SK SKM SK Telecom Co., Ltd. | Communication Services | NYSE | $17.3B | US$45.04 | +86.9% | 55.73 | 3.75% | 0.67 | ||
RC RCI Rogers Communications Inc. | Communication Services | NYSE | +13 | $16.2B | US$37.81 | +43.1% | 4.09 | 3.80% | 0.78 | |
TL TLK Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk | Communication Services | NYSE | $15.5B | US$15.66 | +2.4% | 17.85 | 7.84% | 0.07 | ||
TK TKO TKO Group Holdings, Inc. | Communication Services | NYSE | +120 | $14.9B | US$198.57 | +22.5% | 76.28 | 1.52% | 0.60 | |
TI TIGO Millicom International Cellular S.A. | Communication Services | NASDAQ | $14.4B | US$86.07 | +165.9% | 11.58 | 3.51% | 0.90 | ||
FO FOXA Fox Corporation | Communication Services | NASDAQ | +144 | $12.8B | US$64.28 | +16.0% | 16.82 | 0.88% | 0.53 | |
FO FOX Fox Corporation | Communication Services | NASDAQ | +100 | $12.7B | US$57.44 | +13.3% | 15.10 | 0.98% | 0.53 | |
NY NYT The New York Times Company | Communication Services | NYSE | +100 | $12.1B | US$75.17 | +37.4% | 32.28 | 1.22% | 0.98 | |
PS PSKY Paramount Skydance Corporation | Communication Services | NASDAQ | +76 | $11.4B | US$10.45 | -11.8% | 353.67 | 1.89% | 1.45 | |
GS GSAT Globalstar, Inc. | Communication Services | NASDAQ | +45 | $10.5B | US$81.60 | +343.5% | — | — | 1.56 | |
TI TIMB TIM S.A. | Communication Services | NYSE | $10.5B | US$21.98 | +31.4% | 12.51 | 10.84% | 0.20 | ||
LU LUMN Lumen Technologies, Inc. | Communication Services | NYSE | +64 | $10.3B | US$9.98 | +137.0% | — | — | 1.67 | |
PI PINS Pinterest, Inc. | Communication Services | NYSE | +122 | $10.0B | US$20.67 | -39.2% | 41.77 | — | 0.92 | |
NW NWSA News Corporation | Communication Services | NASDAQ | +102 | $9.5B | US$26.05 | -7.8% | 33.04 | 0.77% | 0.90 | |
SI SIRI Sirius XM Holdings Inc. | Communication Services | NASDAQ | +64 | $9.5B | US$28.08 | +35.4% | 12.51 | 3.66% | 0.94 | |
PS PSO Pearson plc | Communication Services | NYSE | $9.0B | US$15.00 | -5.6% | 21.79 | 2.31% | -0.05 | ||
KT KT KT Corporation | Communication Services | NYSE | +4 | $8.8B | US$18.38 | -4.2% | 8.45 | 4.67% | 0.16 |