5 Diversified Utilities Stocks to Buy Now

by Portfolio Grader | March 18, 2013 1:00 pm

5 Diversified Utilities Stocks to Buy Now

Five Diversified Utilities stocks are moving up in their overall rating this week, according to the Portfolio Grader[1] database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

National Grid (NYSE:NGG[2]) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. National Grid owns and operates the electricity transmission network in England and Wales, the gas transmission network in Great Britain, and electricity transmission networks in the Northeastern United States. In Portfolio Grader’s specific subcategories of Equity and Cash Flow, NGG also gets A’s. Shares of NGG have increased 5.7% over the past month, better than the 2.6% increase the S&P 500 has seen over the same period of time. At present, the stock has a dividend yield of 2.3%. For more information, get Portfolio Grader’s complete analysis of NGG stock[3].

This week, Black Hills (NYSE:BKH[4]) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Black Hills is an energy company engaged in electric utilities and gas utilities segments, non-regulated energy group comprises oil and gas, power generation, and non-regulated energy groups. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 6.3% over the past month. For more information, get Portfolio Grader’s complete analysis of BKH stock[5].

This is a strong week for DTE Energy (NYSE:DTE[6]). The company’s rating climbs to A from the previous week’s B. DTE Energy provides electricity and natural gas sales, distribution and storage services throughout southeastern Michigan. The current dividend yield is 2.5%. For more information, get Portfolio Grader’s complete analysis of DTE stock[7].

Public Service Enterprise Group (NYSE:PEG[8]) shows solid improvement this week. The company’s rating rises from a C to a B. Public Service Enterprise Group is a public utility holding company. For more information, get Portfolio Grader’s complete analysis of PEG stock[9].

This week, CenterPoint Energy’s (NYSE:CNP[10]) ratings are up from a C last week to a B. CenterPoint Energy is a public utility holding company that operates electric transmission and distribution facilities, interstate pipelines, and facilities for gathering, processing, and treating natural gas. Wall Street seems to agree with the upgrade and has propelled the stock up 7.1% over the past month. For more information, get Portfolio Grader’s complete analysis of CNP stock[11].

Louis Navellier’s proprietary Portfolio Grader[12] 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[13].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. NGG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NGG
  3. For more information, get Portfolio Grader’s complete analysis of NGG stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=NGG
  4. BKH: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BKH
  5. For more information, get Portfolio Grader’s complete analysis of BKH stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=BKH
  6. DTE: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DTE
  7. For more information, get Portfolio Grader’s complete analysis of DTE stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=DTE
  8. PEG: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PEG
  9. For more information, get Portfolio Grader’s complete analysis of PEG stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=PEG
  10. CNP: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CNP
  11. For more information, get Portfolio Grader’s complete analysis of CNP stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=CNP
  12. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  13. here: http://navelliergrowth.investorplace.com/portfolio-grader/

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