Fortis Inc. (FTS.TO)

Nice and steady. Have been increasing dividends every year for a long time. Looking at their underlying businesses, it is clear they are not a fast growing business. Big growth comes from acquisitions, which is getting expensive. 3.6% dividend.

(Market Call Minute) Not going to be one of the most exciting stocks to own. Pulled back in the last few days.

Has held for twenty years and is up many 100s of percent. Some criticisms about diversifying in the Caribbean. You can buy it here.

This is sort of a 2 piece business. Real estate business on top of utility business. He prefers businesses that are in one business. It doesn’t meet his hurdle rates for his mutual fund portfolios.

(Top Pick Dec 30/11, Up 2.99%)

Probably very good. You are looking for a breakout above $34-$34.50. That would be the signal to not only buy a bit but get ready for a major breakout. Chart shows a flat top but rising on the bottom and any kind of a breakout would suggest it was going to have a major up leg. Use a stop loss at around $32.

Preferred Series J, 4.75%. This is a brand new issue and still hasn’t settled up yet so not trading. It is a perpetual so longer-term. You are out to 2021 before it can be called, which he likes.

(A Top Pick Sept 20/11. Up 5.95%.) At that time was looking for something extremely defensive. Secure 3.6% dividend.

One of these boring stocks as one you get paid while you are waiting. Consistent dividend growth. Over a long period of time it generates strong wealth for the shareholder. No capital gain in the last little while. A safe name, which market wants to own. Natural name for these types of companies over the next 10 years.

(A Top Pick Aug 24/11. Up 11.13%.) Utility companies have not gone up as much as telcos and some of the pipelines so are still a relatively better value play. Still a Buy.

(A Top Pick Aug 11/11. Up 9.92%.) It's hard to justify buying any utility at this time.