3 Gas Utilities Stocks to Sell Now

WGL, NJR, PNY slump in weekly rankings

3 Gas Utilities Stocks to Sell Now

For the current week, the overall ratings of three gas utilities stocks are worse, according to the Portfolio Graderdatabase. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

WGL Holdings, Inc. (WGL) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). WGL Holdings sells and delivers natural gas, and provides a range of energy-related products and services. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Earnings Revisions and Cash Flow, WGL also gets F’s. At $38.95, the stock is under the 50-day moving average of $39.49. For a full analysis of WGL stock, visit Portfolio Grader.

This week, New Jersey Resources Corporation (NJR) falls to a D (“sell”), worse than last week’s grade of C (“hold”). New Jersey Resources provides retail and wholesale energy services to customers in New Jersey and in states from the Gulf Coast to New England, and Canada. To get an in-depth look at NJR, get Portfolio Grader’s complete analysis of NJR stock.

This week, Piedmont Natural Gas Company, Inc. (PNY) drops from a D to an F rating. Piedmont Natural Gas is an energy and services company that primarily transports, distributes, and sells natural gas. The stock also gets an F in Cash Flow. For more information, get Portfolio Grader’s complete analysis of PNY 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/2014/01/3-gas-utilities-stocks-to-sell-now-wgl-njr-pny/.

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