Fortis Inc. (FTS): A Bull Case Theory 

We came across a bullish thesis on Fortis Inc. on Beat the TSX (BTSX-20)’s Substack by Beat the TSX-27 Strategy. In this article, we will summarize the bulls’ thesis on FTS. Fortis Inc.'s share was trading at $51.70 as of December 2nd. FTS’s trailing and forward P/E were 21.69 and 20.28 respectively according to Yahoo Finance.

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. FTS continues to deliver on its long-standing reputation for stable returns, predictable dividends, and disciplined growth. In Q3...