Fortis Inc. Makes a Great Addition to Any Portfolio

One thing I love about investing is discovering great stocks that perform well and have flown under the radar of many investors.

One such stock is Fortis Inc. (TSX:FTS). Fortis is a utility stock and therefore doesn’t receive the constant barrage of coverage that some other well-known companies receive. Fortis has no flashy products or massive delays in production; it offers a core service as a utility that customers and investors take for granted.

Because of the normalcy to Fortis’s operations, the assumption that many investors draw is that the company grows at a slow rate, has relatively few new innovations, and is, for the most part, a boring stock.

Let’s take a look at Fortis and prove this theory wrong...



Source: The Motley Fool