More stocks to consider
Alternative stocks to ALLETE (NYSE:ALE)
These are the alternatives to ALLETE that fall within the same industry, Electric Utilities, or region, USA.
How to read the ranks
For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".
Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".
Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.
See ALLETE Performance
ALLETE stock research in summary
allete.com
ALLETE shares are less expensive than other comparable stocks. They are safely financed and are good value, but show below average growth. We recommend evaluating whether the future of the company ALLETE is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.
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| Country |
USA |
| Industry |
Electric Utilities |
| Index |
|
| Size class |
Large |
Large companies - similar industry as ALLETE
| Similar Stocks |
 VALUEVVV
|
 GROWTHVV
|
 SAFETYVV
|
 COMBINED
|
|
1. Hawaiian Electric Industries (XL, US) Electric Utilities
|
|
1. Hawaiian Electric Industries (XL, US) Electric Utilities
|
79
|
|
9
|
|
90
|
|
90
|
|
|
2. PPL (XL, US) Electric Utilities
|
|
2. PPL (XL, US) Electric Utilities
|
39
|
|
79
|
|
85
|
|
90
|
|
|
3. Pinnacle West (XL, US) Electric Utilities
|
|
3. Pinnacle West (XL, US) Electric Utilities
|
59
|
|
79
|
|
60
|
|
85
|
|
|
4. Xcel Energy (XXL, US) Electric Utilities
|
|
4. Xcel Energy (XXL, US) Electric Utilities
|
51
|
|
41
|
|
60
|
|
74
|
|
|
5. NextEra Energy (XXL, US) Electric Utilities
|
|
5. NextEra Energy (XXL, US) Electric Utilities
|
21
|
|
85
|
|
61
|
|
74
|
|
|
6. Evergy (XL, US) Electric Utilities
|
|
6. Evergy (XL, US) Electric Utilities
|
63
|
|
79
|
|
30
|
|
72
|
|
|
7. NRG (XXL, US) Electric Utilities
|
|
7. NRG (XXL, US) Electric Utilities
|
46
|
|
100
|
|
21
|
|
61
|
|
|
8. Alliant Energy (XL, US) Electric Utilities
|
|
8. Alliant Energy (XL, US) Electric Utilities
|
31
|
|
63
|
|
68
|
|
53
|
|
|
9. Edison (XXL, US) Electric Utilities
|
|
9. Edison (XXL, US) Electric Utilities
|
100
|
|
27
|
|
19
|
|
41
|
|
|
10. Entergy (XXL, US) Electric Utilities
|
|
10. Entergy (XXL, US) Electric Utilities
|
19
|
|
93
|
|
37
|
|
39
|
|
February 20, 2025
Why popular stocks have low ratings
It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.
Large companies - similar region as ALLETE
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Mueller Industries (XL, US) Industrial Machinery
|
|
1. Mueller Industries (XL, US) Industrial Machinery
|
69
|
|
99
|
|
100
|
|
100
|
|
|
2. Sanmina (XL, US) Electr. Manufacturing Services
|
|
2. Sanmina (XL, US) Electr. Manufacturing Services
|
83
|
|
71
|
|
98
|
|
100
|
|
|
3. Herman Miller (XL, US) Office Services & Supplies
|
|
3. Herman Miller (XL, US) Office Services & Supplies
|
97
|
|
53
|
|
72
|
|
100
|
|
|
4. Nexteer Automotive Group (XL, US) Auto Parts & Equipment
|
|
4. Nexteer Automotive Group (XL, US) Auto Parts & Equipment
|
75
|
|
97
|
|
98
|
|
100
|
|
|
5. Cardinal Health (XXL, US) Health Care Distributors
|
|
5. Cardinal Health (XXL, US) Health Care Distributors
|
100
|
|
79
|
|
34
|
|
100
|
|
|
6. Cognizant Technology (XXL, US) IT Consulting & oth. Services
|
|
6. Cognizant Technology (XXL, US) IT Consulting & oth. Services
|
98
|
|
35
|
|
95
|
|
100
|
|
|
7. Alphabet (XXL, US) Interactive Media & Services
|
|
7. Alphabet (XXL, US) Interactive Media & Services
|
83
|
|
57
|
|
98
|
|
100
|
|
|
8. World Fuel Services (XXL, US) Oil & Gas Refining
|
|
8. World Fuel Services (XXL, US) Oil & Gas Refining
|
85
|
|
77
|
|
79
|
|
100
|
|
|
9. First Republic Bank (XL, US) Regional Banks
|
|
9. First Republic Bank (XL, US) Regional Banks
|
100
|
|
63
|
|
92
|
|
100
|
|
|
10. Lithia Motors (XXL, US) Automotive Retail
|
|
10. Lithia Motors (XXL, US) Automotive Retail
|
97
|
|
87
|
|
67
|
|
100
|
|
February 20, 2025
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Mid sized companies - similar industry as ALLETE
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. National Fuel Gas (L, US) Gas Utilities
|
|
1. National Fuel Gas (L, US) Gas Utilities
|
55
|
|
97
|
|
82
|
|
98
|
|
|
2. Black Hills (L, US) Multi-Utilities
|
|
2. Black Hills (L, US) Multi-Utilities
|
81
|
|
69
|
|
85
|
|
98
|
|
|
3. IDACORP (L, US) Electric Utilities
|
|
3. IDACORP (L, US) Electric Utilities
|
36
|
|
91
|
|
94
|
|
94
|
|
|
4. Aqua America (L, US) Water Utilities
|
|
4. Aqua America (L, US) Water Utilities
|
45
|
|
85
|
|
66
|
|
88
|
|
|
5. Portland General Electric (L, US) Electric Utilities
|
|
5. Portland General Electric (L, US) Electric Utilities
|
92
|
|
25
|
|
83
|
|
87
|
|
|
6. New Jersey Resources (L, US) Gas Utilities
|
|
6. New Jersey Resources (L, US) Gas Utilities
|
57
|
|
55
|
|
71
|
|
84
|
|
|
7. OGE Energy (L, US) Electric Utilities
|
|
7. OGE Energy (L, US) Electric Utilities
|
35
|
|
57
|
|
83
|
|
81
|
|
|
8. Clearway Energy (L, US) Renewable Electricity
|
|
8. Clearway Energy (L, US) Renewable Electricity
|
53
|
|
71
|
|
51
|
|
81
|
|
|
9. Chesapeake Utilities (M, US) Gas Utilities
|
|
9. Chesapeake Utilities (M, US) Gas Utilities
|
7
|
|
100
|
|
72
|
|
81
|
|
|
10. ONE Gas (L, US) Gas Utilities
|
|
10. ONE Gas (L, US) Gas Utilities
|
65
|
|
41
|
|
68
|
|
73
|
|
February 20, 2025
Mid sized companies - similar region as ALLETE
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. New York Times (L, US) Publishing
|
|
1. New York Times (L, US) Publishing
|
59
|
|
57
|
|
98
|
|
100
|
|
|
2. CoreCivic (L, US) Security & Alarm Services
|
|
2. CoreCivic (L, US) Security & Alarm Services
|
37
|
|
85
|
|
88
|
|
100
|
|
|
3. AdvanSix (L, US) Commodity Chemicals
|
|
3. AdvanSix (L, US) Commodity Chemicals
|
97
|
|
67
|
|
98
|
|
100
|
|
|
4. Phibro Animal Health (L, US) Pharmaceuticals
|
|
4. Phibro Animal Health (L, US) Pharmaceuticals
|
94
|
|
73
|
|
73
|
|
100
|
|
|
5. Taboola.com (L, US) Interactive Media & Services
|
|
5. Taboola.com (L, US) Interactive Media & Services
|
93
|
|
83
|
|
81
|
|
100
|
|
|
6. Pacira BioSciences (M, US) Pharmaceuticals
|
|
6. Pacira BioSciences (M, US) Pharmaceuticals
|
74
|
|
67
|
|
79
|
|
100
|
|
|
7. WesBanco (M, US) Regional Banks
|
|
7. WesBanco (M, US) Regional Banks
|
87
|
|
100
|
|
47
|
|
100
|
|
|
8. Bio-Techne (L, US) Life Sciences Tools & Services
|
|
8. Bio-Techne (L, US) Life Sciences Tools & Services
|
66
|
|
73
|
|
85
|
|
100
|
|
|
9. Northwest Bancshares (M, US) Regional Banks
|
|
9. Northwest Bancshares (M, US) Regional Banks
|
79
|
|
69
|
|
89
|
|
100
|
|
|
10. Johnson Outdoors (M, US) Leisure Products
|
|
10. Johnson Outdoors (M, US) Leisure Products
|
87
|
|
91
|
|
89
|
|
100
|
|
February 20, 2025
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