4 Electric Utilities Stocks to Buy Now

GXP, UNS, DUK, CNL improve in weekly rankings

   
4 Electric Utilities Stocks to Buy Now

The grades of four 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”).

Great Plains Energy (NYSE:GXP) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Great Plains Energy provides electricity in the Midwest United States. In Portfolio Grader’s specific subcategory of Earnings Revisions, GXP also gets an A. For more information, get Portfolio Grader’s complete analysis of GXP stock.

UNS Energy (NYSE:UNS) is seeing ratings go up from a C last week to a B this week. UniSource Energy is in the electric generation and energy delivery businesses. For more information, get Portfolio Grader’s complete analysis of UNS stock.

This week, Duke Energy‘s (NYSE:DUK) ratings are up from a C last week to a B. Duke Energy provides electric power, gas, and other energy services in North and South America. The current dividend yield is 3.1%. For more information, get Portfolio Grader’s complete analysis of DUK stock.

This is a strong week for Cleco (NYSE:CNL). The company’s rating climbs to B from the previous week’s C. Cleco is involved in electric utility services as well as the ownership and operation of a merchant generation station. For more information, get Portfolio Grader’s complete analysis of CNL 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/2012/10/4-electric-utilities-stocks-to-buy-now-gxp-uns-duk/.

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