5 Diversified Utilities Stocks to Buy Now

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

   
5 Diversified Utilities Stocks to Buy Now

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 10.3% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. Trade volume fell markedly in the past week, standing at half of the previous rate. For more information, get Portfolio Grader’s complete analysis of BKH stock.

DTE Energy (NYSE:DTE) improves from a B to an A rating this week. DTE Energy provides electricity and natural gas sales, distribution and storage services throughout southeastern Michigan. The volume of trades has dropped off significantly in the past week, down to half the previous rate. The stock’s dividend yield is 2.6%. 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. Trade volume dipped significantly in the past week, slipping to half of the previous rate. For more information, get Portfolio Grader’s complete analysis of PEG stock.

This week, CenterPoint Energy (NYSE:CNP) pushes up from a C to a B rating. 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. In the past week, trade volume fell significantly to half the previous rate. The current 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.


Article printed from InvestorPlace Media, http://investorplace.com/2013/08/5-diversified-utilities-stocks-to-buy-now-bkh-dte-peg-18/.

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