-
Fortis Inc. (FTS $67.94)
-
Capital Power Corporation (CPX $65.01)
-
Brookfield Infrastructure Partners L.P. (BIP.UN $42.65)
-
Hydro One Limited (H $48.88)
Q: My utilities holdings include BIP.UN (3.9% of total equity), H (2.1%) and FTS (1.9%). Considering the momentum of CPX and its higher dividend than either H or FTS, what would your thoughts be about the idea of selling both H and FTS to buy CPX? Seems to present more growth potential and higher dividend. My thanks.
5i Research Answer:
CPX is certainly outperforming the others. It also has a lower valuation. While it is much...