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Q: Hello,
Hydro One seems to be going up quite a bit. Do you think the valuation is much higher than fortis and Emera? If so, i was thinking of selling Hydro One and moving the monies to fortis or Emera. Any comments; thanks very much

Asked by umedali on September 09, 2024

5i Research Answer:

H hit a new high today. On a price/earnings basis, it is 24X. EMA is 18X, FTS is 19X. We are...

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