The grades of five electric 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, Companhia Paranaense de Energia Sponsored ADR Pfd Class B (ELP) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Companhia Paranaense de Energia – Copel is engaged in the generation, transmission, distribution and sale of electricity in the Brazilian State of Parana. In Portfolio Grader’s specific subcategory of Cash Flow, ELP also gets an A. For more information, get Portfolio Grader’s complete analysis of ELP stock.
IDACORP, Inc. (IDA) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. IDACORP engages in the generation, transmission, distribution, sale, and purchase of electric energy in the United States. For more information, get Portfolio Grader’s complete analysis of IDA stock.
El Paso Electric Company (EE) improves from a C to a B rating this week. El Paso Electric is a public utility engaged in the generation, transmission and distribution of electricity in an area of approximately 10,000 square miles in west Texas and southern New Mexico. For more information, get Portfolio Grader’s complete analysis of EE stock.
MGE Energy, Inc. (MGEE) boosts its rating from a B to an A this week. MGE Energy generates and distributes electricity to customers in Dane County, Wisconsin. For more information, get Portfolio Grader’s complete analysis of MGEE stock.
Unitil Corporation (UTL) gets a higher grade this week, advancing from a B last week to an A. Unitil is a public utility holding company that engages in the distribution of electricity and natural gas in New Hampshire, Massachusetts and Maine. For more information, get Portfolio Grader’s complete analysis of UTL 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.
