skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. FTS: I know you like this name but Im wondering if its overbought at these levels. [Fortis Inc.]
You can view 0 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I know you like this name but Im wondering if its overbought at these levels. Buy now or wait for a downturn later?
Asked by Graeme on August 05, 2025
5i Research Answer:

FTS is largely influenced by earnings, its dividend and interest rates. It has a very impressive long term dividend growth rate. The stock is 19X earnings with a 3.58% dividend. It is up 15% this year. With the likelihood of lower interest rates in Canada, we would remain comfortable buying this with income as the first objective.