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5 Diversified Utilities Stocks to Buy Now

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

   

The grades of five Diversified 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”).

This week, Black Hills (NYSE:BKH) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). 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. Shares of BKH have increased 5.9% over the past month, better than the 0.8% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of BKH stock.

DTE Energy’s (NYSE:DTE) ratings are looking better this week, moving up to an A from last week’s B. DTE Energy provides electricity and natural gas sales, distribution and storage services throughout southeastern Michigan. Investors have pushed the stock price up 5.6% over the past month. At present, 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. Wall Street has pushed the stock higher by 5.6% over the past month. For more information, get Portfolio Grader’s complete analysis of PEG stock.

The rating of CenterPoint Energy (NYSE:CNP) moves up this week, rising from a C 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) earns a B this week, jumping up from last week’s grade of C. 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. Wall Street seems to agree with the upgrade and has propelled the stock up 6.3% over the past month. 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-4/.

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