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3 Gas Utilities Stocks to Sell Now

WGL, NJR, PNY slump in weekly rankings


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.

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