6 Electric Utilities Stocks to Buy Now

6 Electric Utilities Stocks to Buy Now

The grades of 6 Electric Utilities stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

This week, NextEra Energy, Inc. (NEE) pushes up from a B to a A rating. NextEra Energy, Inc. generates, transmits, distributes, and sells electric energy utilizing natural gas, wind, and nuclear resources. The company also gets A’s in earnings surprise. For more information, get Portfolio Grader’s complete analysis of NEE stock.

The rating of Entergy Corporation (ETR) moves up this week, rising from a C to a B. 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.

Otter Tail Corporation (OTTR) is seeing ratings go up from a B last week to a A this week. Otter Tail Corporation provides electricity and energy services to customers in Minnesota, North Dakota, and South Dakota. The company also gets A’s in earnings surprise. For more information, get Portfolio Grader’s complete analysis of OTTR stock.

OGE Energy Corp. (OGE) earns a A this week, jumping up from last week’s grade of B. OGE Energy Corp. generates, transmits, and distributes electricity to wholesale and retail customers in communities in Oklahoma and western Arkansas. The company also gets A’s in earnings growth, earnings surprise, and earnings momentum. For more information, get Portfolio Grader’s complete analysis of OGE stock.

Companhia Paranaense de Energia Sponsored ADR Pfd Class B (ELP) gets a higher grade this week, advancing from a C last week to a B. Companhia Paranaense de Energia Sponsored ADR Pfd Class B is engaged in the generation, transmission, distribution and sale of electricity in the Brazilian State of Parana. The company also gets A’s in operating margin growth, earnings growth, earnings momentum, and free cash flow. For more information, get Portfolio Grader’s complete analysis of ELP stock.

Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd (CIG) improves from a C to a B rating this week. 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 A’s in sales growth, earnings momentum, and free cash flow. 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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