Trade Alert – Fortis Stock (FTS) Plunges 11% On Buyout Of ITC Holdings – Feb 9 2016

This is a FullyInformed members Fortis Stock trade alert. The news that Fortis Energy is buying utility company, ITC Holdings for US$7 billion sent the stock plunging 11 percent and setting up another great trade.

Fortis Energy stock is probably the widest held utility stock in Canada.

Fortis Stock Plunge On Buyout of ITC Holdings

Fortis Stock plunged today setting up another trade opportunity. SIn 2015 my Fortis stock trades were up 22%. I am anticipating a similar return this year from Fortis Stock.

FTS Stock Trade Alert Feb 9 2016

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