This may be the Best time to buy Telstra.

Right Now Telstra’s share price is one of the lowest share prices in Telstra’s history. Recently Apple launched iPhone 12 with 5G, which may boost Telstra’s earnings in current quarter. Telstra‘s management is trying to make Telstra’s balance sheet stronger by reducing costs and increasing cash balance. Telstra has about $1.5 billion cash balance and last y

ear’s income was about $26 billion with profit of $1.8 billion. Right now Telstra’s market cap is about $32 billion which shows Telstra may be undervalued at the moment and good to take a position in my opinion.

Note: This is not a financial advice. Please make your own decision.