ValuEngine Upgrades Allegheny Energy To ‘5’ Rating
October 9, 2009 (FinancialWire) (Investrend Research Syndicate) — ValuEngine, Inc. has upgraded Allegheny Energy Inc (NYSE: AYE) to a “5″ rating, the service’s highest.
The ValuEngine Rating is an overall assessment of a stock’s attractiveness. It combines the following five factors: ValuEngine’s proprietary valuation, risk-return tradeoff, momentum, market capitalization and ValuEngine’s proprietary forecasted one-month return. Approximately 80 to 85 companies achieve this highest ValuEngine rating out of VE’s total coverage of over 5,000 publicly traded companies.
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