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Compiling comments that experts make about stocks while on public TV.

2017-09-13

Opinion for Fortis Inc. (FTS-T)

Signal Price Bias Subject Owned
TOP PICK $44.430 CAUTIOUS CANADIAN LARGE Yes

One of his favourite utilities. Has a large US presence. A big part of their M&A growth is behind them. They made 2 major acquisitions in the last few years, one of them being in Texas, so capital expenditures might be going up a little in the near term. They are much more into energy transmission as well as generation. Dividend yield of 3.5%. (Analysts’ price target is $50.)

Michael Sprung
President, Sprung Investment Management http://www.sprunginvestment.com/

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