3 Energy Equipment & Services 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”).
This is a strong week for Patterson-UTI Energy, Inc. (PTEN). The company’s rating climbs to B from the previous week’s C. Patterson-UTI Energy, Inc. provides land-based drilling services to major and independent oil and natural gas companies. For more information, get Portfolio Grader’s complete analysis of PTEN stock.
This week, Pioneer Energy Services Corp.’s (PES) ratings are up from a C last week to a B. Pioneer Energy Services Corp. provides land contract drilling services and production services to independent and major oil and gas exploration and production companies in the United States and Colombia. The company also gets A’s in earnings momentum. For more information, get Portfolio Grader’s complete analysis of PES stock.
Recon Technology Ltd.’s (RCON) ratings are looking better this week, moving up to a B from last week’s C. Recon Technology Ltd. is a holding company that provides services designed to automate the extraction of petroleum in China. For more information, get Portfolio Grader’s complete analysis of RCON 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.