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 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.


Latest Obermatt Ranks


Log in or sign up to see the new 360° View and Sentiment ranks.

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 75 77 90 90
2. Evergy (XL, US)  Electric Utilities
2. Evergy (XL, US)   Electric Utilities 63 85 44 82
3. PPL (XL, US)  Electric Utilities
3. PPL (XL, US)   Electric Utilities 47 65 75 77
4. NRG (XXL, US)  Electric Utilities
4. NRG (XXL, US)   Electric Utilities 31 97 61 77
5. Edison (XXL, US)  Electric Utilities
5. Edison (XXL, US)   Electric Utilities 100 49 28 76
6. Emera (XL, CA)  Electric Utilities
6. Emera (XL, CA)   Electric Utilities 73 81 26 74
7. Exelon (XXL, US)  Electric Utilities
7. Exelon (XXL, US)   Electric Utilities 71 49 55 73
8. NextEra Energy (XXL, US)  Electric Utilities
8. NextEra Energy (XXL, US)   Electric Utilities 15 77 68 62
9. Entergy (XXL, US)  Electric Utilities
9. Entergy (XXL, US)   Electric Utilities 17 93 41 47
10. Pinnacle West (XL, US)  Electric Utilities
10. Pinnacle West (XL, US)   Electric Utilities 65 35 51 47

July 3, 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 89 93 93 100
2. Methanex (XL, CA)  Commodity Chemicals
2. Methanex (XL, CA)   Commodity Chemicals 98 55 75 100
3. West Fraser (XL, CA)  Forest Products
3. West Fraser (XL, CA)   Forest Products 76 100 92 100
4. ATCO (XL, CA)  Multi-Utilities
4. ATCO (XL, CA)   Multi-Utilities 97 57 81 97
5. Fairfax (XXL, CA)  Property & Casualty Insurance
5. Fairfax (XXL, CA)   Property & Casualty Insurance 59 61 65 96
6. Barrick Gold (XL, CA)  Gold Production
6. Barrick Gold (XL, CA)   Gold Production 90 69 67 94
7. Capital Power (XL, CA)  Power Producers & Traders
7. Capital Power (XL, CA)   Power Producers & Traders 67 55 99 93
8. CGI (XL, CA)  IT Consulting & oth. Services
8. CGI (XL, CA)   IT Consulting & oth. Services 92 59 70 93
9. Linamar (XL, CA)  Auto Parts & Equipment
9. Linamar (XL, CA)   Auto Parts & Equipment 85 41 94 92
10. Canadian Tire (XXL, CA)  General Merchandise Stores
10. Canadian Tire (XXL, CA)   General Merchandise Stores 83 53 62 91

July 3, 2025


Find more stock ideas
Use your own criteria to filter for stocks or sign up for the latest Top 10 Stock tips.
Log in or Sign up

Mid sized companies - similar industry as Fortis

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. ALLETE (L, US)  Electric Utilities
1. ALLETE (L, US)   Electric Utilities 79 95 82 100
2. National Fuel Gas (L, US)  Gas Utilities
2. National Fuel Gas (L, US)   Gas Utilities 35 100 83 97
3. IDACORP (L, US)  Electric Utilities
3. IDACORP (L, US)   Electric Utilities 33 100 90 96
4. Canadian Utilities (L, CA)  Multi-Utilities
4. Canadian Utilities (L, CA)   Multi-Utilities 85 100 47 95
5. NW Natural (L, US)  Gas Utilities
5. NW Natural (L, US)   Gas Utilities 93 75 63 93
6. Portland General Electric (L, US)  Electric Utilities
6. Portland General Electric (L, US)   Electric Utilities 100 25 91 91
7. ONE Gas (L, US)  Gas Utilities
7. ONE Gas (L, US)   Gas Utilities 67 65 65 87
8. Clearway Energy (L, US)  Renewable Electricity
8. Clearway Energy (L, US)   Renewable Electricity 51 89 64 86
9. NorthWestern (L, US)  Multi-Utilities
9. NorthWestern (L, US)   Multi-Utilities 89 27 88 86
10. Avista (L, US)  Multi-Utilities
10. Avista (L, US)   Multi-Utilities 95 43 62 82

July 3, 2025


Mid sized companies - similar region as Fortis

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. SSR Mining (L, CA)  Gold Production
1. SSR Mining (L, CA)   Gold Production 90 100 86 100
2. Magellan Aerospace (M, CA)  Aerospace & Defense
2. Magellan Aerospace (M, CA)   Aerospace & Defense 91 69 98 100
3. Whitecap Resources (L, CA)  Oil & Gas Production
3. Whitecap Resources (L, CA)   Oil & Gas Production 69 99 65 100
4. Parex Resources (L, CA)  Oil & Gas Production
4. Parex Resources (L, CA)   Oil & Gas Production 99 45 100 100
5. Paramount (L, CA)  Oil & Gas Production
5. Paramount (L, CA)   Oil & Gas Production 59 71 100 99
6. Rogers Sugar (L, CA)  Packaged Foods & Meats
6. Rogers Sugar (L, CA)   Packaged Foods & Meats 92 77 57 98
7. Mullen (L, CA)  Trucking
7. Mullen (L, CA)   Trucking 98 57 81 98
8. Winpak (L, CA)  Metal & Glass Containers
8. Winpak (L, CA)   Metal & Glass Containers 38 85 100 98
9. Sundial Growers (M, CA)  Pharmaceuticals
9. Sundial Growers (M, CA)   Pharmaceuticals 86 64 75 96
10. Dundee Precious Metals (M, CA)  Gold Production
10. Dundee Precious Metals (M, CA)   Gold Production 62 67 98 96

July 3, 2025



Obermatt Portfolio Performance
We’re so convinced about our research, that we buy our stock tips.
See the performance of the Obermatt portfolio.