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Fortis Inc. (FTS): A Bull Case Theory 

We came across a bullish thesis on Fortis Inc. on Danny’s Substack by Danny Green. In this article, we will summarize the bulls’ thesis on FTS. Fortis Inc.'s share was trading at $56.33 as of February 18th. FTS’s trailing and forward P/E were 22.70 and 21.41 respectively according to Yahoo Finance.

[caption id="attachment_1695836" align="aligncenter" width="768"] Energy transmission lines. Photo by Snapwire on Pexels[/caption]

Fortis Inc. is positioned as a regulated electric and gas utility delivering predictable, rate-base-driven growth rather than...