11 Electric Utilities Stocks to Buy Now

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11 Electric Utilities stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

NextEra Energy, Inc. (NEE) gets a higher grade this week, advancing from a B last week to a A. NextEra Energy, Inc. generates, transmits, distributes, and sells electric energy utilizing natural gas, wind, and nuclear resources. For more information, get Portfolio Grader’s complete analysis of NEE stock.

Entergy Corporation (ETR) earns a B this week, jumping up from last week’s grade of C. Entergy Corporation is an integrated energy company that is primarily focused on electric power production and retail electric distribution operations. The company also gets A’s in earnings momentum. For more information, get Portfolio Grader’s complete analysis of ETR stock.

This is a strong week for IDACORP, Inc. (IDA). The company’s rating climbs to A from the previous week’s B. IDACORP, Inc. 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.

This week, Pinnacle West Capital Corporation’s (PNW) ratings are up from a B last week to a A. Pinnacle West Capital Corporation is a utility holding company. The company also gets A’s in earnings growth. For more information, get Portfolio Grader’s complete analysis of PNW stock.

Eversource Energy (ES) boosts its rating from a B to a A this week. Eversource Energy provides technical services to the nuclear industry. For more information, get Portfolio Grader’s complete analysis of ES stock.

This week, MGE Energy, Inc. (MGEE) pushes up from a B to a A rating. 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.

ITC Holdings Corp. (ITC) is seeing ratings go up from a B last week to a A this week. ITC Holdings Corp. transmits electricity from electricity generating stations to local electricity distribution facilities. For more information, get Portfolio Grader’s complete analysis of ITC stock.

The rating of Avangrid, Inc. (AGR) moves up this week, rising from a C to a B. The company also gets A’s in free cash flow. For more information, get Portfolio Grader’s complete analysis of AGR stock.

Empire District Electric Company’s (EDE) ratings are looking better this week, moving up to a A from last week’s B. Empire District Electric Company generates, purchases, transmits, distributes, and sells electricity. For more information, get Portfolio Grader’s complete analysis of EDE stock.

Great Plains Energy Incorporated (GXP) improves from a B to a A rating this week. Great Plains Energy Incorporated engages in the generation, transmission, distribution, and sale of electricity. For more information, get Portfolio Grader’s complete analysis of GXP stock.

Otter Tail Corporation (OTTR) shows solid improvement this week. The company’s rating rises from a C to a B. 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.

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/2016/05/11-electric-utilities-stocks-to-buy-now/.

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