5 Diversified Utilities Stocks to Buy Now

BKH, DTE, PEG, CNP, NGG improve in weekly rankings

   
5 Diversified Utilities Stocks to Buy Now

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

Black Hills (NYSE:BKH) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. 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. In Portfolio Grader’s specific subcategories of Earnings Momentum and Margin Growth, BKH also gets A’s. For more information, get Portfolio Grader’s complete analysis of BKH stock.

DTE Energy (NYSE:DTE) gets a higher grade this week, advancing from a B last week to an A. DTE Energy provides electricity and natural gas sales, distribution and storage services throughout southeastern Michigan. The stock price has risen 8.7% over the past month, better than the 0.6% increase the S&P 500 has seen over the same period of time. The stock has a dividend yield of 2.5%. For more information, get Portfolio Grader’s complete analysis of DTE stock.

This week, Public Service Enterprise Group (NYSE:PEG) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Public Service Enterprise Group is a public utility holding company. For more information, get Portfolio Grader’s complete analysis of PEG stock.

This week, CenterPoint Energy’s (NYSE:CNP) 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. For more information, get Portfolio Grader’s complete analysis of CNP stock.

National Grid (NYSE:NGG) boosts its rating from a C to a B 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. The current dividend yield is 2.3%. For more information, get Portfolio Grader’s complete analysis of NGG 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/2013/04/5-diversified-utilities-stocks-to-buy-now-bkh-dte-peg-3/.

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