5 Diversified Utilities Stocks to Buy Now

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

National Grid (NYSE:NGG) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating 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. The current dividend yield is 2.3%. For more information, get Portfolio Grader’s complete analysis of NGG stock.

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. Shares of BKH have increased 5.8% over the past month, better than the 3.6% 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.

This week, DTE Energy (NYSE:DTE) pushes up from a B to an A rating. DTE Energy provides electricity and natural gas sales, distribution and storage services throughout southeastern Michigan. The stock’s dividend yield is 2.5%. For more information, get Portfolio Grader’s complete analysis of DTE stock.

Public Service Enterprise Group (NYSE:PEG) gets a higher grade this week, advancing from a C last week 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.

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. Wall Street has pushed the stock higher by 9.9% over the past month. For more information, get Portfolio Grader’s complete analysis of CNP 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, https://investorplace.com/2013/04/5-diversified-utilities-stocks-to-buy-now-ngg-bkh-dte-6/.

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