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.
Latest Obermatt Ranks
Log in or sign up to see the new 360° View and Sentiment ranks.
| Country |
USA |
| Industry |
Electric Utilities |
| Index |
|
| Size class |
Large |
Large companies - similar industry as ALLETE
| Similar Stocks |
 VALUEVVV
|
 GROWTHVV
|
 SAFETYVV
|
 COMBINED
|
|
1. PPL (XL, US) Electric Utilities
|
|
1. PPL (XL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
2. NRG (XXL, US) Electric Utilities
|
|
2. NRG (XXL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
3. Pinnacle West (XL, US) Electric Utilities
|
|
3. Pinnacle West (XL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
4. Hawaiian Electric Industries (XL, US) Electric Utilities
|
|
4. Hawaiian Electric Industries (XL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
5. Edison (XXL, US) Electric Utilities
|
|
5. Edison (XXL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
6. Duke Energy (XXL, US) Electric Utilities
|
|
6. Duke Energy (XXL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
7. Entergy (XXL, US) Electric Utilities
|
|
7. Entergy (XXL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
8. Alliant Energy (XL, US) Electric Utilities
|
|
8. Alliant Energy (XL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
9. American Electric Power (XXL, US) Electric Utilities
|
|
9. American Electric Power (XXL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
10. PG&E (XXL, US) Electric Utilities
|
|
10. PG&E (XXL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
January 23, 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. PPL (XL, US) Electric Utilities
|
|
1. PPL (XL, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
2. Global Partners (XXL, US) Oil & Gas Transportation
|
|
2. Global Partners (XXL, US) Oil & Gas Transportation
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
3. Meta (XXL, US) Interactive Media & Services
|
|
3. Meta (XXL, US) Interactive Media & Services
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
4. Alphabet (XXL, US) Interactive Media & Services
|
|
4. Alphabet (XXL, US) Interactive Media & Services
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
5. Kelly Services (XL, US) HR- & Employment Services
|
|
5. Kelly Services (XL, US) HR- & Employment Services
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
6. Oshkosh (XL, US) Heavy Machinery
|
|
6. Oshkosh (XL, US) Heavy Machinery
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
7. PriceSmart (XL, US) Hypermarkets, Super Centers
|
|
7. PriceSmart (XL, US) Hypermarkets, Super Centers
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
8. Academy Sports and Outdoors (XL, US) Specialty Stores
|
|
8. Academy Sports and Outdoors (XL, US) Specialty Stores
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
9. Fox (XXL, US) Broadcasting
|
|
9. Fox (XXL, US) Broadcasting
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
10. Lithia Motors (XXL, US) Automotive Retail
|
|
10. Lithia Motors (XXL, US) Automotive Retail
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
January 23, 2025
Find more stock ideas
Use your own criteria to filter for stocks or sign up for the latest Top 10 Stock tips.
Log in or Sign up
Mid sized companies - similar industry as ALLETE
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. NW Natural (L, US) Gas Utilities
|
|
1. NW Natural (L, US) Gas Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
2. Portland General Electric (L, US) Electric Utilities
|
|
2. Portland General Electric (L, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
3. National Fuel Gas (L, US) Gas Utilities
|
|
3. National Fuel Gas (L, US) Gas Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
4. NorthWestern (L, US) Multi-Utilities
|
|
4. NorthWestern (L, US) Multi-Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
5. MGE Energy (M, US) Electric Utilities
|
|
5. MGE Energy (M, US) Electric Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
6. Chesapeake Utilities (M, US) Gas Utilities
|
|
6. Chesapeake Utilities (M, US) Gas Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
7. American States Water (M, US) Water Utilities
|
|
7. American States Water (M, US) Water Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
8. Avista (L, US) Multi-Utilities
|
|
8. Avista (L, US) Multi-Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
9. Ormat Technologies (L, US) Renewable Electricity
|
|
9. Ormat Technologies (L, US) Renewable Electricity
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
10. ONE Gas (L, US) Gas Utilities
|
|
10. ONE Gas (L, US) Gas Utilities
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
January 23, 2025
Mid sized companies - similar region as ALLETE
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Bioventus (M, US) Health Care Supplies
|
|
1. Bioventus (M, US) Health Care Supplies
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
2. Johnson Outdoors (M, US) Leisure Products
|
|
2. Johnson Outdoors (M, US) Leisure Products
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
3. Laureate Education (L, US) Education Services
|
|
3. Laureate Education (L, US) Education Services
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
4. EverCommerce (M, US) Application Software
|
|
4. EverCommerce (M, US) Application Software
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
5. Lincoln Educational (M, US) Education Services
|
|
5. Lincoln Educational (M, US) Education Services
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
6. Flexsteel Industries (M, US) Home Furnishings
|
|
6. Flexsteel Industries (M, US) Home Furnishings
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
7. InterDigital (M, US) Application Software
|
|
7. InterDigital (M, US) Application Software
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
8. Newmark (L, US) Real Estate Services
|
|
8. Newmark (L, US) Real Estate Services
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
9. Apollo Medical Holdings (L, US) Health Care Services
|
|
9. Apollo Medical Holdings (L, US) Health Care Services
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
|
10. MGIC (L, US) Thrifts & Mortgage Finance
|
|
10. MGIC (L, US) Thrifts & Mortgage Finance
|
n/a
|
|
n/a
|
|
n/a
|
|
n/a
|
|
January 23, 2025
Obermatt Portfolio Performance
We’re so convinced about our research, that we buy our stock tips.
See the performance of the Obermatt portfolio.
360° Viewnew
Sentiment Ranknew 
