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Tag: Utilities

Stock screener for undervalued stocks in the Utilities sector

Undervalued stocks

The stock screener today July 29, 2020, is looking for potentially undervalued stocks in the Utilities sector. The investment criteria for these stocks are:

  • Price / Book Value (P/B less than 1
  • Price / Sales (P/S) less than 1
  • 1 Yr. % Change in Net Income greater than 10%

The stocks for these criteria using the free Finance Yahoo stock screener are:

  • Pampa Energia S.A. (PAM): 11.40-0.12 (-1.04%).As of 11:41 AM EDT. Market open.
  • Empresa Distribuidora y Comercializadora Norte Sociedad Anonima (EDN): 3.9250-0.1450 (-3.56%).As of 11:39 AM EDT. Market open.
  • Just Energy Group Inc. (JE): 0.3788-0.0162 (-4.10%). As of 11:44 AM EDT. Market open.

We excluded OTC stocks as we want to have plenty of liquidity which is top important for investing in stocks. These stocks are not investment recommendations, stocks to buy. They are mentioned for further stock analysis, due diligence is required. After all, any stock screener is a filter to find stocks in the stock market, not automatically providing stock picks or stock recommendations. Further fundamental analysis is suggested.

Stock screener 4 Utilities stocks with a high dividend yield

Stock screener Utilities stocks

There are economic risks for the stock market and stocks with recent Covid-19 cases spike in US states and globally. The stock screener today is about stocks that are in the Utilities sector making them defensive stocks in any upcoming stock market selloff. These stocks are not stocks to buy or stocks to sell, and we suggest further financial analysis before investing in stocks.

Stocks based on our investment criteria

There are 4 stocks today using the stock screener and the following investing rules:

  • Stocks must have a high dividend yield of at least 10%.
  • Stocks must have a low P/E of no more than 9.
  • The stocks are in the Utilities sector

The stocks that meet these criteria and their stock prices, stock quotes at the close of June 26, 2020, are:

  • Enterprise Products Partners LP (NYSE:EPD): 17.63 -0.51 -2.81%, dividend yield 1.78 (10.10%), P/E ratio 8.36
  • Companhia Paranaense de Energia COPEL (NYSE:ELP): 11.16 -0.61 -5.18%, dividend yield 0.58 (10.58%), P/E ratio 8.36
  • Enable Midstream Partners LP (NYSE:ENBL): 4.79 -0.25 -4.96%, dividend yield 0.66 (13.80%), P/E ratio 6.45
  • CNX Midstream Partners LP (NYSE:CNXM): 6.69 -0.38 -5.37%, dividend yield 1.28 (19.19%), P/E ratio 2.72.

Stock screener searching for undervalued stocks

Stock screener for June 29, 2020
Stock screener for June 29, 2020

This free stock screener is searching for stocks that are undervalued, in the US stock market, having a very attractive dividend yield and a low P/E ratio compared to the average P/E ratio of the S&P 500 index. The current S&P 500 PE Ratio is 21.57 as of June 26, 2020.

Stock market data:

There are numerous free stock screeners and paid stock screeners to analyze stocks for investing and trading. We do not own any of these stocks as of June 29, 2020. The stock market is closed as of 6:45 AM, ET time today June 29, 2020.