18:50:26 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Fortis Inc
Symbol FTS
Shares Issued 278,673,279
Close 2015-08-28 C$ 37.31
Market Cap C$ 10,397,300,039
Recent Sedar Documents

Globe says Fortis, others do well in correcting market

2015-08-31 06:25 ET - In the News

Also In the News (C-CU) Canadian Utilities Ltd
Also In the News (C-GWO) Great-West Lifeco Inc
Also In the News (C-HCG) Home Capital Group Inc
Also In the News (C-LNF) Leon's Furniture Ltd
Also In the News (C-NA) National Bank of Canada
Also In the News (C-NWC) North West Company Inc

The Globe and Mail reports in its Saturday, Aug. 29, edition that last week's volatility is a reminder to investors to pay more attention to risk. The Globe's Rob Carrick writes in the Personal Finance column that diversifying with stocks and bonds is the best risk-reduction strategy, but some investors are looking for more. Mr. Carrick says they may find some answers in the Pay Attention to Risk (PATR) strategy, an attempt to find a livable balance of risk and reward. The PATR strategy is the result of a conversation Mr. Carrick had as the stock markets tanked last week with Morningstar CPMS manager Rob Davies. Mr. Carrick asked Mr. Davies if he had anything for investors who pick their own stocks and want something that holds up well in market corrections. What Mr. Davies came up with was a list of Toronto-listed stocks that have beaten the general market in the past with less risk. Stocks that score well in a variety of measures that indicate a degree of resilience in a down market, by Mr. Davies's reckoning, are Fortis, National Bank of Canada, Great-West Lifeco, Home Capital Group, Canadian Utilities, Leon's Furniture and North West Company.

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