The A+ Stock List Loses One, Gains One
The elite A+ list lost one company and added another last week, keeping the total number of top rated stocks at 6 for the second week in a row.
Ormat Technologies, Inc. (ORA) is a utility company that owns and operates geothermal and recovered energy-based power plants, sells electricity and geothermal plant equipment. It received an upgrade to an A+ last week, primarily due to an increase in the total return index, reduction in volatility, and an increase in solvency.
German American Bancorp Inc. (GABC), a bank holding company that provides retail and commercial banking services, was downgraded to an A due to a decline in the total return index.
Since our first post on the A+ rated stocks, only two companies have remained. They are:
Constellation Brands Inc (STZB), a producer and seller of beer, wine, and spirits, and Stock Yards Bancorp, Inc. (SYBT), a bank holding company.
A+ Rated Stocks
Check back with us often, because as you can see, this dynamic A+ list can change daily. Add stocks to your watchlist if you want to receive an email with every rating change.