5 Diversified Utilities Stocks to Buy Now

Advertisement

The grades of five Diversified Utilities stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

This week, Black Hills Corporation (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. For more information, get Portfolio Grader’s complete analysis of BKH stock.

DTE Energy Company (NYSE:DTE) earns an A this week, jumping up from last week’s grade of B. DTE Energy provides electricity and natural gas sales, distribution and storage services throughout southeastern Michigan. The current dividend yield is 2.6%. For more information, get Portfolio Grader’s complete analysis of DTE stock.

Public Service Enterprise Group Incorporated (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. For more information, get Portfolio Grader’s complete analysis of PEG stock.

CenterPoint Energy, Inc.’s (NYSE:CNP) ratings are looking better this week, moving up to a B from last week’s C. 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.

The rating of National Grid plc Sponsored ADR (NYSE:NGG) moves up this week, rising from a C to a B. 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 price has risen 6.5% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. At present, the stock has a dividend yield of 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, https://investorplace.com/2013/10/5-diversified-utilities-stocks-to-buy-now-bkh-dte-peg-29/.

©2024 InvestorPlace Media, LLC