5 Electric Utilities Stocks to Buy Now

AEP, NVE, PNM, POM, FE improve in weekly rankings

   
5 Electric Utilities Stocks to Buy Now

This week, five Electric Utilities stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

This week, American Electric Power (NYSE:AEP) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). American Electric Power provides electricity generation, transmission, and distribution to retail customers. For more information, get Portfolio Grader’s complete analysis of AEP stock.

NV Energy (NYSE:NVE) earns an A this week, jumping up from last week’s grade of B. NV Energy generates, transmits, and distributes electric energy throughout Nevada and the Lake Tahoe area of California. For more information, get Portfolio Grader’s complete analysis of NVE stock.

PNM Resources (NYSE:PNM) improves from a B to an A rating this week. PNM Resources is a holding company of energy and energy-related businesses. For more information, get Portfolio Grader’s complete analysis of PNM stock.

Pepco Holdings (NYSE:POM) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. Pepco Holdings primarily distributes, transmits, and supplies electricity and supplies natural gas to customers in New Jersey, Delaware, Maryland, and the District of Columbia. For more information, get Portfolio Grader’s complete analysis of POM stock.

This week, FirstEnergy (NYSE:FE) pushes up from a B to an A rating. FirstEnergy is a public utility holding company. At present, the stock has a dividend yield of 2.2%. For more information, get Portfolio Grader’s complete analysis of FE stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/5-electric-utilities-stocks-to-buy-now-aep-nve-pnm/.

©2014 InvestorPlace Media, LLC

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