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Alternative stocks to Fortis (TSX:FTS)


These are the alternatives to Fortis that fall within the same industry, Electric Utilities, or region, Canada.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

See Fortis Performance

Fortis stock research in summary

fortisinc.com


Fortis shares are less expensive than other comparable stocks. They are safely financed and are good value, but show below average growth. We recommend evaluating whether the future of the company Fortis is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


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Country Canada
Industry Electric Utilities
Index
Size class X-Large

Large companies - similar industry as Fortis

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Hawaiian Electric Industries (XL, US)  Electric Utilities
1. Hawaiian Electric Industries (XL, US)   Electric Utilities 79 11 90 90
2. PPL (XL, US)  Electric Utilities
2. PPL (XL, US)   Electric Utilities 43 79 85 90
3. NRG (XXL, US)  Electric Utilities
3. NRG (XXL, US)   Electric Utilities 51 100 64 90
4. Pinnacle West (XL, US)  Electric Utilities
4. Pinnacle West (XL, US)   Electric Utilities 59 79 49 77
5. Xcel Energy (XXL, US)  Electric Utilities
5. Xcel Energy (XXL, US)   Electric Utilities 49 37 60 74
6. Emera (XL, CA)  Electric Utilities
6. Emera (XL, CA)   Electric Utilities 81 91 6 72
7. NextEra Energy (XXL, US)  Electric Utilities
7. NextEra Energy (XXL, US)   Electric Utilities 19 87 63 67
8. Evergy (XL, US)  Electric Utilities
8. Evergy (XL, US)   Electric Utilities 65 73 26 59
9. Entergy (XXL, US)  Electric Utilities
9. Entergy (XXL, US)   Electric Utilities 21 87 37 42
10. Exelon (XXL, US)  Electric Utilities
10. Exelon (XXL, US)   Electric Utilities 69 33 42 40

February 27, 2025

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Fortis

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Russel Metals (XL, CA)  Trading & Distribution
1. Russel Metals (XL, CA)   Trading & Distribution 93 75 93 100
2. ATCO (XL, CA)  Multi-Utilities
2. ATCO (XL, CA)   Multi-Utilities 100 77 81 100
3. West Fraser (XL, CA)  Forest Products
3. West Fraser (XL, CA)   Forest Products 78 100 96 100
4. Fairfax (XXL, CA)  Property & Casualty Insurance
4. Fairfax (XXL, CA)   Property & Casualty Insurance 87 53 65 96
5. Colliers International Group (XL, CA)  Real Estate Services
5. Colliers International Group (XL, CA)   Real Estate Services 82 54 87 94
6. Linamar (XL, CA)  Auto Parts & Equipment
6. Linamar (XL, CA)   Auto Parts & Equipment 87 23 98 92
7. Manulife Financial (XXL, CA)  Life & Health Insurance
7. Manulife Financial (XXL, CA)   Life & Health Insurance 59 47 100 91
8. Barrick Gold (XL, CA)  Gold Production
8. Barrick Gold (XL, CA)   Gold Production 88 49 65 91
9. Maple Leaf Foods (XL, CA)  Packaged Foods & Meats
9. Maple Leaf Foods (XL, CA)   Packaged Foods & Meats 88 99 13 91
10. Cascades (XL, CA)  Paper Packaging
10. Cascades (XL, CA)   Paper Packaging 98 83 19 89

February 27, 2025


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Mid sized companies - similar industry as Fortis

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. National Fuel Gas (L, US)  Gas Utilities
1. National Fuel Gas (L, US)   Gas Utilities 57 100 75 100
2. IDACORP (L, US)  Electric Utilities
2. IDACORP (L, US)   Electric Utilities 35 99 89 96
3. Northland (L, CA)  Renewable Electricity
3. Northland (L, CA)   Renewable Electricity 99 67 57 96
4. Portland General Electric (L, US)  Electric Utilities
4. Portland General Electric (L, US)   Electric Utilities 91 47 81 94
5. Canadian Utilities (L, CA)  Multi-Utilities
5. Canadian Utilities (L, CA)   Multi-Utilities 99 41 73 94
6. Black Hills (L, US)  Multi-Utilities
6. Black Hills (L, US)   Multi-Utilities 83 55 78 92
7. Clearway Energy (L, US)  Renewable Electricity
7. Clearway Energy (L, US)   Renewable Electricity 53 77 64 91
8. Aqua America (L, US)  Water Utilities
8. Aqua America (L, US)   Water Utilities 43 85 67 87
9. OGE Energy (L, US)  Electric Utilities
9. OGE Energy (L, US)   Electric Utilities 33 63 89 82
10. New Jersey Resources (L, US)  Gas Utilities
10. New Jersey Resources (L, US)   Gas Utilities 53 55 79 79

February 27, 2025


Mid sized companies - similar region as Fortis

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Lassonde (L, CA)  Packaged Foods & Meats
1. Lassonde (L, CA)   Packaged Foods & Meats 86 100 82 100
2. Magellan Aerospace (M, CA)  Aerospace & Defense
2. Magellan Aerospace (M, CA)   Aerospace & Defense 93 73 100 100
3. Lightspeed Commerce (L, CA)  Application Software
3. Lightspeed Commerce (L, CA)   Application Software 80 97 73 100
4. Vermilion Energy (L, CA)  Oil & Gas Production
4. Vermilion Energy (L, CA)   Oil & Gas Production 72 94 62 100
5. SSR Mining (L, CA)  Gold Production
5. SSR Mining (L, CA)   Gold Production 86 99 87 100
6. Northland (L, CA)  Renewable Electricity
6. Northland (L, CA)   Renewable Electricity 99 67 57 96
7. Dundee Precious Metals (M, CA)  Gold Production
7. Dundee Precious Metals (M, CA)   Gold Production 58 67 94 96
8. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
8. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 97 51 67 95
9. Kelt Exploration (M, CA)  Oil & Gas Production
9. Kelt Exploration (M, CA)   Oil & Gas Production 56 68 85 94
10. Canadian Utilities (L, CA)  Multi-Utilities
10. Canadian Utilities (L, CA)   Multi-Utilities 99 41 73 94

February 27, 2025



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