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Fortis Inc T.FTS

Alternate Symbol(s):  FRTSF | FTRSF | FTS | FORFF | FTPSF | T.FTS.P.F | T.FTS.P.G | T.FTS.P.H | T.FTS.P.I | T.FTS.P.J | T.FTS.P.K | T.FTS.P.M

Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. The Company's regulated utility businesses includes ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which primarily includes Tucson Electric Power Company (TEP), UNS Electric, Inc. and UNS Gas, Inc.; CH Energy Group, Inc, which primarily includes Central Hudson Gas and Electric Corporation; FortisBC Energy Inc.; FortisAlberta Inc. and FortisBC Inc. The Company’s non-regulated businesses include energy infrastructure and corporate and other.


TSX:FTS - Post by User

Comment by SargeXon Jul 19, 2023 1:42pm
400 Views
Post# 35548350

RE:Rapid Changes....

RE:Rapid Changes....I've also been noticing the recent wild swings. We've held since Aug, 2018 and I can;t recall anything like this for FTS.

As an aside, we've decided to eventually move on from FTS and have put some of the dough into our other holdings (which all have a higher yield) and kept some extra cash. 

I think we're done for this year in order to spread the capital gains across three years (2022,2023,2024). So far, we've trimmed 90% of our shares. The net result is a total profit of $47.8k including divs (so obviously pleased with what FTS has done for us).

FTS is a great company but there's too many others that have quite a bit higher yield - eg:  BCE,BNS,CPX,EMA,KEY,PPL,T,TRP.

Ciao
  Sarge

guelph1 wrote: Does anyone have any insight as the significant daily changes of this stock, it's a utility and thus is usually semi-immune to these kind of fluctuations. I notice the short positions holding steadily.  Appreciate some insight............


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