Fortis Inc. FTS is benefiting from efficiently managing its resources, and providing quality and reliable services to customers.Let’s focus on the factors that make this Zacks Rank #2 (Buy) stock a strong investment pick at the moment. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Estimates RevisionThe Zacks Consensus Estimate for the company’s earnings for 2020 has moved up 1.04% to $1.94 per share in the past 60 days, while the same for 2021 has been revised 1% upward to $2.08 in the same time frame.Surprise History & Long-Term Earnings GrowthFortis’ trailing four-quarter earnings surprise is 6.3%, on average.Its long-term (three to five years) earnings growth is currently pegged at 5.99%.Dividend YieldFortis — which has a history of 46 years of consecutive dividend payment increase — has pledged to grow dividends annually, on average, by 6% through 2024. The company has a dividend yield of 3.47%, much better than the S&P 500’s 1.86%.Capital Investment Plan For the 2020-2024 period, the company expects to make investments of $18.8 billion. Out of the total investment, $4.3 billion is planned for 2020, out of which it invested $1.2 billion in first-quarter 2020. The majority of its planned capital expenditure will be directed to strengthen regulated electric and gas operations. Over the same time frame, the company’s rate base is expected to grow by $10 billion to $38.4 billion.Strong LiquidityFortis exited first-quarter 2020 with a strong liquidity and investment credit rating. Total liquidity — including cash — was $4.9 billion, enough to meet its fixed-term debt obligations. The yearly average fixed-term debt obligations of the company will be $1.1 billion over the 2020-2024 time period. Price MovementIn the past three months, the stock has gained 1.9% against the industry’s decline of 6.9%.Other Stocks to ConsiderOther top-ranked stocks in the same sector include NextEra Energy NEE, Sempra Energy SRE and DTE Energy Company DTE, each carrying a Zacks Rank of 2.The Zacks Consensus Estimate for 2020 earnings for NextEra Energy, Sempra Energy and DTE Energy has moved up 0.2%, 0.4% and 0.2%, respectively, in the past 30 days.Long-term (three to five years) earnings growth for NextEra Energy, Sempra Energy, and DTE Energy is currently projected at 7.85%, 7.18% and 5.53%, respectively.Biggest Tech Breakthrough in a GenerationBe among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.See 8 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sempra Energy (SRE): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Fortis Inc. (FTS): Free Stock Analysis Report To read this article on Zacks.com click here.