The grades of five Electric Utilities stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated 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‘s (NYSE:NVE) ratings are looking better this week, moving up to an A from last week’s 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) shows solid improvement this week. The company’s rating rises from a B to an A. PNM Resources is a holding company of energy and energy-related businesses. The stock currently has a trailing PE Ratio of 9.3. 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.
FirstEnergy (NYSE:FE) is seeing ratings go up from a B last week to an A this week. 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.