Any specific reason for the constant drop in Fortis « Back to Previous Page ▲ 0 ▼ ♥ 0 Hi, I have been monitoring to add FTS in my portfolio and I see it continuously dropping. Any specific reason? Hope the present levels are good to add more, as in past I bought @53 but would wait to have your views before I add more. Marked as spam Asked on February 22, 2021 9:18 am 1 views Follow Unfollow ▲ 0 ▼ ✔ Private answer People are selling out of boring, defensive style stocks to take advantage of this high growth market. It isn't just Fortis. It's all consumer defensive stocks in general. Loblaws, Emera, Canadian Utilities, Fortis, Metro, Dollarama. This is a stock you buy to reduce overall volatility and provide strong income. This is arguably one of the least volatile stocks in North America. Good time to accumulate! Marked as spam Posted by Dan Kent Answered on February 22, 2021 9:38 am « Back to Previous Page