The grades of six Electric Utilities stocks are on the rise this week on . Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
This week, Southern Co. (NYSE:) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Southern Company provides electric service in the Southeastern United States. .
This is a strong week for Entergy (NYSE:). The company’s rating climbs to A from the previous week’s B. Entergy is an integrated energy company that is primarily focused on electric power production and retail electric distribution operations. The current dividend yield is 3.3%. .
PNM Resources (NYSE:) improves from a B to an A rating this week. PNM Resources is a holding company of energy and energy-related businesses. The stock has a trailing PE Ratio of 9.3. .
Westar Energy
‘s (NYSE:) ratings are looking better this week, moving up to an A from last week’s B. Westar Energy is an electric utility that produces, transmits and sells electricity. .
MGE Energy (NASDAQ:) earns an A this week, jumping up from last week’s grade of B. MGE Energy generates and distributes electricity to customers in Dane County, Wisconsin. .
Brookfield Infrastructure (NYSE:) gets a higher grade this week, advancing from a B last week to an A. Brookfield Infrastructure Partners engages in the utilities, transportation and energy, and timber businesses. Shares of BIP have increased 8.1% over the past month, better than the 4.6% increase the S&P 500 has seen over the same period of time. .
Louis Navellier’s proprietary 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 .
