by Portfolio Grader | July 22, 2013 5:00 pm
This week, five Diversified Utilities stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated 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. Shares of BKH have increased 16.6% over the past month, better than the 1.7% decrease 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 (NYSE:DTE) boosts its rating from a B to an A this week. DTE Energy provides electricity and natural gas sales, distribution and storage services throughout southeastern Michigan. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 9.1% over the past month. At present, the stock has a dividend yield of 2.6%. For more information, get Portfolio Grader’s complete analysis of DTE stock.
Public Service Enterprise Group (NYSE:PEG) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Public Service Enterprise Group is a public utility holding company. Wall Street seems to agree with the upgrade and has propelled the stock up 7.9% over the past month. For more information, get Portfolio Grader’s complete analysis of PEG stock.
CenterPoint Energy (NYSE:CNP) shows solid improvement this week. The company’s rating rises 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. Wall Street has pushed the stock higher by 8.7% over the past month. For more information, get Portfolio Grader’s complete analysis of CNP stock.
This is a strong week for National Grid (NYSE:NGG). The company’s rating climbs to B from the previous week’s 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. The stock’s dividend yield is 4%. 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.
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