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Investment Q&A

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

Q: Fortis (FTS)--re the attempt to acquire Central Hudson. There are disturbing reports of Fortis' behaviour concerning their work in Belize and other overseas areas. Do you know how much truth there is to these claims? Or are the CH people just so against the use of fracked shale gas that they'll say anything to block Fortis in their area? This could influence my retaining (or not) of my stock in Fortis. On a strictly financial basis, would you keep Fortis at this point?
Read Answer Asked by Blanche on June 07, 2013
Q: I own two utility stocks Fortis(FTS) and Algonquin(AQN)and am considering selling one to purchase a more economicly sensitive , growthier name. They carry about the same capital gain so that is not a consideration. The stock I keep would be a long-term core holding which I could basically hold, monitor, collect the dividend and forget about. For this reason, I am leaning toward keeping the larger cap Fortis but would appreciate your thoughts and considerations. Thank-you.
Read Answer Asked by William on March 03, 2013
Q: I am wondering why the preferred shares of Fortis are trending down in price. Fortis, common shares (FTS) have a flat trend line, however, its FTS.PR.G preferred share price is trending down, despite an annual yield of 5.2%. I have not been able to discover why this downward trend is occurring. Do you have any thoughts on why this is happening? Thanks … Cal Chapman
Read Answer Asked by cal on November 27, 2012