3 Electric Utilities Stocks to Buy Now

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

Northeast Utilities (NYSE:NU) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Northeast Utilities provides retail electric service to customers in Connecticut, New Hampshire, and western Massachusetts. In Portfolio Grader’s specific subcategory of Sales Growth, NU also gets an A. For more information, get Portfolio Grader’s complete analysis of NU stock.

Entergy (NYSE:ETR) improves from a C to a B rating this week. Entergy is an integrated energy company that is primarily focused on electric power production and retail electric distribution operations. At present, the stock has a dividend yield of 3.3%. For more information, get Portfolio Grader’s complete analysis of ETR stock.

The rating of Portland General Electric (NYSE:POR) moves up this week, rising from a C to a B. Portland General Electric is an electric utility involved in the generation, purchase, transmission, distribution, and sale of electricity in Oregon. For more information, get Portfolio Grader’s complete analysis of POR 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, https://investorplace.com/2012/10/3-electric-utilities-stocks-to-buy-now-nu-etr-por/.

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