7 Electric Utilities Stocks to Sell Now

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This week, 7 Electric Utilities stocks are worse, according to the Portfolio Graderdatabase. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

This week, Entergy Corporation (ETR) drops from a D to a F rating. Entergy Corporation is an integrated energy company that is primarily focused on electric power production and retail electric distribution operations. The company also gets F’s in operating margin growth, earnings growth, earnings momentum, and free cash flow. For more information, get Portfolio Grader’s complete analysis of ETR stock.

Slipping from a C to a D rating, Cleco Corporation (CNL) takes a hit this week. Cleco Corporation is involved in electric utility services as well as the ownership and operation of a merchant generation station. For more information, get Portfolio Grader’s complete analysis of CNL stock.

MGE Energy, Inc.’s (MGEE) rating weakens this week, dropping to a D versus last week’s C. MGE Energy, Inc. generates and distributes electricity to customers in Dane County, Wisconsin. For more information, get Portfolio Grader’s complete analysis of MGEE stock.

This week, Exelon Corporation’s (EXC) rating worsens to a F from the company’s D rating a week ago. Exelon Corporation is a utility services holding company. The company also gets F’s in free cash flow. For more information, get Portfolio Grader’s complete analysis of EXC stock.

PNM Resources, Inc. (PNM) slips from a C to a D this week. PNM Resources, Inc. primarily engages in the generation, transmission, and distribution of electricity in the United States. The company also gets F’s in free cash flow. For more information, get Portfolio Grader’s complete analysis of PNM stock.

Otter Tail Corporation (OTTR) is having a tough week. The company’s rating falls from a C to a D. Otter Tail Corporation provides electricity and energy services to customers in Minnesota, North Dakota, and South Dakota. For more information, get Portfolio Grader’s complete analysis of OTTR stock.

Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd (CIG) gets weaker ratings this week as last week’s D drops to a F. Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd is engaged in the electric power transmission business, which consists of transporting electric power from the facilities where it is generated to the distribution networks for delivery to end users. The company also gets F’s in sales growth. For more information, get Portfolio Grader’s complete analysis of CIG 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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