The grades of three Energy Services 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, Geospace Technologies Corp. (NASDAQ:GEOS) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Shares of GEOS have increased 17.3% over the past month, better than the 2.2% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of GEOS stock.
PHI Inc. (NASDAQ:PHIIK) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. PHI provides helicopter transportation and related services. For more information, get Portfolio Grader’s complete analysis of PHIIK stock.
This is a strong week for Patterson-UTI Energy (NASDAQ:PTEN). The company’s rating climbs to B from the previous week’s C. Patterson-UTI provides land-based drilling services to major and independent oil and natural gas companies. Wall Street seems to agree with the upgrade and has propelled the stock up 25% over the past month. The stock’s trailing PE Ratio is 9.60. For more information, get Portfolio Grader’s complete analysis of PTEN 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.