More stocks to consider
Alternative stocks to Fortis (TSX:FTS)
These are the alternatives to Fortis that fall within the same industry, Electric Utilities, or region, Canada.
How to read the ranks
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, are good value and show above 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.
Latest Obermatt Ranks
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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. Entergy (XXL, US) Electric Utilities
|
1. Entergy (XXL, US) Electric Utilities
|
57
|
|
99
|
|
53
|
|
95
|
|
2. Hawaiian Electric Industries (XL, US) Electric Utilities
|
2. Hawaiian Electric Industries (XL, US) Electric Utilities
|
79
|
|
3
|
|
90
|
|
90
|
|
3. PPL (XL, US) Electric Utilities
|
3. PPL (XL, US) Electric Utilities
|
45
|
|
59
|
|
95
|
|
85
|
|
4. Pinnacle West (XL, US) Electric Utilities
|
4. Pinnacle West (XL, US) Electric Utilities
|
57
|
|
79
|
|
61
|
|
83
|
|
5. NRG (XXL, US) Electric Utilities
|
5. NRG (XXL, US) Electric Utilities
|
53
|
|
97
|
|
19
|
|
69
|
|
6. American Electric Power (XXL, US) Electric Utilities
|
6. American Electric Power (XXL, US) Electric Utilities
|
55
|
|
95
|
|
12
|
|
68
|
|
7. Xcel Energy (XXL, US) Electric Utilities
|
7. Xcel Energy (XXL, US) Electric Utilities
|
41
|
|
71
|
|
58
|
|
66
|
|
8. NextEra Energy (XXL, US) Electric Utilities
|
8. NextEra Energy (XXL, US) Electric Utilities
|
7
|
|
91
|
|
60
|
|
66
|
|
9. Exelon (XXL, US) Electric Utilities
|
9. Exelon (XXL, US) Electric Utilities
|
83
|
|
25
|
|
53
|
|
61
|
|
10. Edison (XXL, US) Electric Utilities
|
10. Edison (XXL, US) Electric Utilities
|
61
|
|
67
|
|
28
|
|
58
|
|
December 19, 2024
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. Linamar (XL, CA) Auto Parts & Equipment
|
1. Linamar (XL, CA) Auto Parts & Equipment
|
85
|
|
45
|
|
98
|
|
100
|
|
2. ATCO (XL, CA) Multi-Utilities
|
2. ATCO (XL, CA) Multi-Utilities
|
95
|
|
79
|
|
81
|
|
100
|
|
3. West Fraser (XL, CA) Forest Products
|
3. West Fraser (XL, CA) Forest Products
|
69
|
|
100
|
|
67
|
|
98
|
|
4. Restaurant Brands International (XL, CA) Restaurants
|
4. Restaurant Brands International (XL, CA) Restaurants
|
57
|
|
89
|
|
66
|
|
96
|
|
5. Barrick Gold (XL, CA) Gold Production
|
5. Barrick Gold (XL, CA) Gold Production
|
84
|
|
59
|
|
76
|
|
96
|
|
6. Fairfax (XXL, CA) Property & Casualty Insurance
|
6. Fairfax (XXL, CA) Property & Casualty Insurance
|
67
|
|
77
|
|
65
|
|
96
|
|
7. Canadian Tire (XXL, CA) General Merchandise Stores
|
7. Canadian Tire (XXL, CA) General Merchandise Stores
|
89
|
|
91
|
|
52
|
|
95
|
|
8. Suncor (XXL, CA) Oil & Gas Integrated
|
8. Suncor (XXL, CA) Oil & Gas Integrated
|
73
|
|
55
|
|
83
|
|
95
|
|
9. Bank of Montreal (XXL, CA) Diversified Banks
|
9. Bank of Montreal (XXL, CA) Diversified Banks
|
83
|
|
69
|
|
49
|
|
94
|
|
10. CIBC (XL, CA) Diversified Banks
|
10. CIBC (XL, CA) Diversified Banks
|
61
|
|
87
|
|
78
|
|
93
|
|
December 19, 2024
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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
|
71
|
|
85
|
|
81
|
|
100
|
|
2. ALLETE (L, US) Electric Utilities
|
2. ALLETE (L, US) Electric Utilities
|
75
|
|
59
|
|
96
|
|
100
|
|
3. Northland (L, CA) Renewable Electricity
|
3. Northland (L, CA) Renewable Electricity
|
97
|
|
59
|
|
55
|
|
97
|
|
4. Canadian Utilities (L, CA) Multi-Utilities
|
4. Canadian Utilities (L, CA) Multi-Utilities
|
89
|
|
55
|
|
79
|
|
95
|
|
5. Portland General Electric (L, US) Electric Utilities
|
5. Portland General Electric (L, US) Electric Utilities
|
91
|
|
49
|
|
69
|
|
89
|
|
6. Aqua America (L, US) Water Utilities
|
6. Aqua America (L, US) Water Utilities
|
25
|
|
87
|
|
71
|
|
87
|
|
7. IDACORP (L, US) Electric Utilities
|
7. IDACORP (L, US) Electric Utilities
|
29
|
|
85
|
|
88
|
|
84
|
|
8. NextEra Energy Partners (L, US) Renewable Electricity
|
8. NextEra Energy Partners (L, US) Renewable Electricity
|
100
|
|
17
|
|
85
|
|
83
|
|
9. ONE Gas (L, US) Gas Utilities
|
9. ONE Gas (L, US) Gas Utilities
|
75
|
|
27
|
|
71
|
|
79
|
|
10. Sunnova Energy International (M, US) Renewable Electricity
|
10. Sunnova Energy International (M, US) Renewable Electricity
|
75
|
|
93
|
|
1
|
|
79
|
|
December 19, 2024
Mid sized companies - similar region as Fortis
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Leon's Furniture (L, CA) Homefurnishing Retail
|
1. Leon's Furniture (L, CA) Homefurnishing Retail
|
85
|
|
75
|
|
77
|
|
100
|
|
2. Mullen (L, CA) Trucking
|
2. Mullen (L, CA) Trucking
|
96
|
|
74
|
|
79
|
|
100
|
|
3. Canaccord Genuity (L, CA) Investment Banking & Brokerage
|
3. Canaccord Genuity (L, CA) Investment Banking & Brokerage
|
97
|
|
61
|
|
77
|
|
100
|
|
4. Lassonde (L, CA) Packaged Foods & Meats
|
4. Lassonde (L, CA) Packaged Foods & Meats
|
85
|
|
97
|
|
84
|
|
100
|
|
5. Onex (L, CA) Asset Management & Custody
|
5. Onex (L, CA) Asset Management & Custody
|
45
|
|
97
|
|
88
|
|
100
|
|
6. Magellan Aerospace (M, CA) Aerospace & Defense
|
6. Magellan Aerospace (M, CA) Aerospace & Defense
|
99
|
|
73
|
|
98
|
|
100
|
|
7. Dundee Precious Metals (M, CA) Gold Production
|
7. Dundee Precious Metals (M, CA) Gold Production
|
80
|
|
67
|
|
94
|
|
100
|
|
8. Whitecap Resources (L, CA) Oil & Gas Production
|
8. Whitecap Resources (L, CA) Oil & Gas Production
|
94
|
|
82
|
|
63
|
|
100
|
|
9. Centerra (L, CA) Gold Production
|
9. Centerra (L, CA) Gold Production
|
96
|
|
53
|
|
92
|
|
100
|
|
10. Sundial Growers (M, CA) Pharmaceuticals
|
10. Sundial Growers (M, CA) Pharmaceuticals
|
58
|
|
79
|
|
72
|
|
98
|
|
December 19, 2024
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