Core Thesis - Fortis Inc. is viewed positively due to its stable returns, predictable dividends, and disciplined growth strategy, with a current share price of $51.70 and P/E ratios of 21.69 (trailing) and 20.28 (forward) [1][2] Financial Performance - In Q3 2025, Fortis reported adjusted EPS of $0.87, slightly up from $0.85 in the previous year, attributed to rate base growth and regulatory adjustments at Central Hudson [2] - The company's 5-year capital plan increased by 11% to $28.8 billion, focusing on regulated assets, particularly in U.S. transmission utility ITC [2] Dividend and Capital Structure - Fortis increased its quarterly dividend by 4.1%, achieving 52 consecutive years of dividend growth, solidifying its status as a dividend king [3] - The capital structure remains robust, with no new equity needed and stable leverage, allowing the company to fully fund its growth plan while maintaining flexibility through DRIP and ATM programs [3] Market Position and Outlook - The combination of predictable rate base growth, disciplined capital deployment, and potential demand from AI-driven electricity consumption positions Fortis for continued stability and compounding returns [4] - The stock currently yields 3.56%, slightly below its 5-year average of 3.81%, and is considered a long-term hold for reliable income with limited downside [4] Investment Appeal - Fortis exemplifies the value of regulated cash flows, providing steady results in a volatile market, making it a core holding for income-oriented investors [5] - Additional buying may be considered if valuations become more attractive, reflecting a disciplined investment approach [5]

Group 1 - PG&E Corporation (NYSE:PCG) is considered one of the most active stocks to buy according to Wall Street analysts, with UBS maintaining a Neutral rating and a $19 price target following a CPUC ruling on capital cost restrictions [1] - The California Public Utility Commission (CPUC) increased PG&E's capital cost limitations for energization spending by $1.47 billion beyond previously permitted levels, although this increase was less than what PG&E had requested [1] - UBS does not anticipate that PG&E will need to issue more shares to finance the increased spending authorization despite the higher capital cost constraints [2] Group 2 - PG&E Corporation, through its subsidiary Pacific Gas & Electric Company, serves over 16 million people in Northern and Central California [3] - While PG&E is acknowledged as a potential investment, certain AI stocks are believed to offer greater upside potential and carry less downside risk [3]

Group 1: BanColombia (CIB) - BanColombia is Colombia's largest bank by assets and has the largest market share in deposit products and loans [1] - The Zacks Consensus Estimate for BanColombia's current year earnings has increased by 1.9% over the last 60 days [1] - BanColombia has a dividend yield of 12.2%, significantly higher than the industry average of 3.3% [1] Group 2: Tsakos Energy Navigation Ltd (TEN) - Tsakos Energy Navigation is a leading provider of international seaborne crude oil and petroleum product transportation services [2] - The Zacks Consensus Estimate for Tsakos Energy Navigation's current year earnings has increased by 86.2% over the last 60 days [2] - Tsakos Energy Navigation has a dividend yield of 5.8%, compared to the industry average of 2.1% [2] Group 3: National Grid Transco (NGG) - National Grid Transco operates in the international energy delivery business, focusing on regulated electricity and gas industries [3] - The Zacks Consensus Estimate for National Grid Transco's current year earnings has increased by 6.3% over the last 60 days [3] - National Grid Transco has a dividend yield of 5.7%, which is above the industry average of 3.3% [3]