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, are good value and show above 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
|
83
|
|
49
|
|
90
|
|
90
|
|
|
2. PPL (XL, US) Electric Utilities
|
|
2. PPL (XL, US) Electric Utilities
|
35
|
|
79
|
|
83
|
|
85
|
|
|
3. Evergy (XL, US) Electric Utilities
|
|
3. Evergy (XL, US) Electric Utilities
|
67
|
|
83
|
|
38
|
|
80
|
|
|
4. NextEra Energy (XXL, US) Electric Utilities
|
|
4. NextEra Energy (XXL, US) Electric Utilities
|
33
|
|
65
|
|
66
|
|
64
|
|
|
5. Pinnacle West (XL, US) Electric Utilities
|
|
5. Pinnacle West (XL, US) Electric Utilities
|
59
|
|
51
|
|
55
|
|
61
|
|
|
6. Entergy (XXL, US) Electric Utilities
|
|
6. Entergy (XXL, US) Electric Utilities
|
23
|
|
93
|
|
45
|
|
57
|
|
|
7. Exelon (XXL, US) Electric Utilities
|
|
7. Exelon (XXL, US) Electric Utilities
|
67
|
|
47
|
|
47
|
|
55
|
|
|
8. NRG (XXL, US) Electric Utilities
|
|
8. NRG (XXL, US) Electric Utilities
|
53
|
|
39
|
|
57
|
|
41
|
|
|
9. Xcel Energy (XXL, US) Electric Utilities
|
|
9. Xcel Energy (XXL, US) Electric Utilities
|
59
|
|
65
|
|
20
|
|
38
|
|
|
10. Edison (XXL, US) Electric Utilities
|
|
10. Edison (XXL, US) Electric Utilities
|
97
|
|
29
|
|
18
|
|
34
|
|
April 24, 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. Telephone and Data Systems (XL, US) Wireless Telecommunication
|
|
1. Telephone and Data Systems (XL, US) Wireless Telecommunication
|
58
|
|
95
|
|
78
|
|
100
|
|
|
2. Ensign Group (XL, US) Health Care Facilities
|
|
2. Ensign Group (XL, US) Health Care Facilities
|
59
|
|
71
|
|
89
|
|
100
|
|
|
3. First Republic Bank (XL, US) Regional Banks
|
|
3. First Republic Bank (XL, US) Regional Banks
|
100
|
|
59
|
|
93
|
|
100
|
|
|
4. Hub Group (XL, US) Air Freight & Logistics
|
|
4. Hub Group (XL, US) Air Freight & Logistics
|
72
|
|
73
|
|
98
|
|
100
|
|
|
5. Voya Financial (XL, US) Other Financial Services
|
|
5. Voya Financial (XL, US) Other Financial Services
|
99
|
|
16
|
|
92
|
|
100
|
|
|
6. PriceSmart (XL, US) Hypermarkets, Super Centers
|
|
6. PriceSmart (XL, US) Hypermarkets, Super Centers
|
83
|
|
51
|
|
91
|
|
100
|
|
|
7. Lithia Motors (XXL, US) Automotive Retail
|
|
7. Lithia Motors (XXL, US) Automotive Retail
|
100
|
|
93
|
|
65
|
|
100
|
|
|
8. World Fuel Services (XXL, US) Oil & Gas Refining
|
|
8. World Fuel Services (XXL, US) Oil & Gas Refining
|
91
|
|
69
|
|
74
|
|
100
|
|
|
9. Jones Lang LaSalle (XXL, US) Real Estate Services
|
|
9. Jones Lang LaSalle (XXL, US) Real Estate Services
|
66
|
|
88
|
|
97
|
|
100
|
|
|
10. Alphabet (XXL, US) Interactive Media & Services
|
|
10. Alphabet (XXL, US) Interactive Media & Services
|
73
|
|
53
|
|
95
|
|
100
|
|
April 24, 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
|
53
|
|
100
|
|
81
|
|
99
|
|
|
2. Avista (L, US) Multi-Utilities
|
|
2. Avista (L, US) Multi-Utilities
|
85
|
|
69
|
|
66
|
|
96
|
|
|
3. IDACORP (L, US) Electric Utilities
|
|
3. IDACORP (L, US) Electric Utilities
|
31
|
|
95
|
|
88
|
|
96
|
|
|
4. Portland General Electric (L, US) Electric Utilities
|
|
4. Portland General Electric (L, US) Electric Utilities
|
97
|
|
31
|
|
85
|
|
95
|
|
|
5. NW Natural (L, US) Gas Utilities
|
|
5. NW Natural (L, US) Gas Utilities
|
81
|
|
71
|
|
49
|
|
91
|
|
|
6. Black Hills (L, US) Multi-Utilities
|
|
6. Black Hills (L, US) Multi-Utilities
|
85
|
|
35
|
|
86
|
|
90
|
|
|
7. ONE Gas (L, US) Gas Utilities
|
|
7. ONE Gas (L, US) Gas Utilities
|
59
|
|
63
|
|
67
|
|
83
|
|
|
8. Clearway Energy (L, US) Renewable Electricity
|
|
8. Clearway Energy (L, US) Renewable Electricity
|
55
|
|
67
|
|
66
|
|
78
|
|
|
9. OGE Energy (L, US) Electric Utilities
|
|
9. OGE Energy (L, US) Electric Utilities
|
35
|
|
45
|
|
92
|
|
74
|
|
|
10. California Water Service (M, US) Water Utilities
|
|
10. California Water Service (M, US) Water Utilities
|
43
|
|
49
|
|
89
|
|
73
|
|
April 24, 2025
Mid sized companies - similar region as ALLETE
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Cal-Maine Foods (L, US) Packaged Foods & Meats
|
|
1. Cal-Maine Foods (L, US) Packaged Foods & Meats
|
80
|
|
85
|
|
100
|
|
100
|
|
|
2. Ocwen Financial (L, US) Thrifts & Mortgage Finance
|
|
2. Ocwen Financial (L, US) Thrifts & Mortgage Finance
|
91
|
|
100
|
|
87
|
|
100
|
|
|
3. CONMED (L, US) Health Care Equipment
|
|
3. CONMED (L, US) Health Care Equipment
|
98
|
|
47
|
|
76
|
|
100
|
|
|
4. Hooker Furniture (M, US) Home Furnishings
|
|
4. Hooker Furniture (M, US) Home Furnishings
|
94
|
|
92
|
|
61
|
|
100
|
|
|
5. Bio-Techne (L, US) Life Sciences Tools & Services
|
|
5. Bio-Techne (L, US) Life Sciences Tools & Services
|
68
|
|
78
|
|
91
|
|
100
|
|
|
6. Axway Software (M, US) Application Software
|
|
6. Axway Software (M, US) Application Software
|
100
|
|
59
|
|
91
|
|
100
|
|
|
7. Johnson Outdoors (M, US) Leisure Products
|
|
7. Johnson Outdoors (M, US) Leisure Products
|
87
|
|
85
|
|
87
|
|
100
|
|
|
8. Taboola.com (L, US) Interactive Media & Services
|
|
8. Taboola.com (L, US) Interactive Media & Services
|
92
|
|
27
|
|
81
|
|
100
|
|
|
9. Spartan Motors (L, US) Heavy Machinery
|
|
9. Spartan Motors (L, US) Heavy Machinery
|
83
|
|
99
|
|
65
|
|
100
|
|
|
10. Perella Weinberg (M, US) Investment Banking & Brokerage
|
|
10. Perella Weinberg (M, US) Investment Banking & Brokerage
|
83
|
|
67
|
|
58
|
|
100
|
|
April 24, 2025
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