The Stock of the Day is TPG Telecom (TPG)

It's an interesting time for telcos at the moment and today TPG Telecom (TPG)'s shares have rallied off the back of news about its acquisition of new licences in the 3.7GHz spectrum for $128M, signifying an intention to stay competitive. There is a catch though, the acquisition is being funded through existing debt facilities. So what would our experts, Grady Wulff from Bell Direct and Howard Coleman from TeamInvest, do - buy, hold or sell? Howard says that companies in this space can't provide brilliant service and be cheap, and with a high interest rate environment, he can't see anything to get excited about. Grady totally agrees and in a rare result for our Stock of the Day, it's a double sell!

Stocks covered:
National Australia Bank (NAB)
Life360 (360)
Transurban (TCL)
Fortescue Metals (FMG)
HelloWorld (HLO) (replaced Altium)
Perenti (PRN)
Australian Vintage (AVG)
Whitehaven Coal (WHC)
DGL Group (DGL)
Woodside Energy (WDS)

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