themoneynarrative 3-month report card – Fortis (FTS.TO)

Report publication date: December 18, 2017
Recommendation: Buy on any market weakness.
Prior trading day (December 15, 2017) price close: $46.82
Report date (December 18, 2017) trading range: $46.74 – $47.33

themoneynarrative report card – Fortis (FTS.TO)

Report publication date: December 18, 2017
Recommendation: Buy on any market weakness.
Prior trading day (December 15, 2017) price close: $46.82
Report date (December 18, 2017) trading range: $46.74 – $47.33

Fortis (FTS.TO)

FTS.TO is a diversified electric and gas utility company (about 97% regulated business), with approximately $47 billion in assets and 3.2 million utility customers.  Their business is low risk with a well-diversified portfolio of quality assets in North America, and some exposure in the Caribbean.  FTS.TO has experienced significant gains in per share