2024-03-27 02:30:05 ET
Summary
- Fortis stock has underperformed and is unlikely to have high market-outperforming returns in the future.
- The company's stable operations and clear pathway for U.S. transmission upside make it an attractive investment.
- Fortis has a strong commitment to reducing emissions and a planned capital plan focused on smaller projects and clean energy solutions.
Please note that all amounts are in CAD with the exception where it's otherwise noted.
Dear readers/followers,
Since my last article on Fortis ( FTS ), which by the way you can find here the stock hasn't exactly outperformed. This update is for my latest article, which at this point is almost half a year old, and which has seen the company substantially underperform most major indices. This is because of a slight dividend-inclusive negative RoR....
Read the full article on Seeking Alpha
For further details see:
Fortis: The Sub-Par Performance Continues Due To Valuation