NEW YORK ( TheStreet) -- TheStreet Ratings' stock model screens for the best all-around value stocks. These companies rank in the top section of our stock ratings universe with 'buy' level ratings of B-minus or better. The also have annual revenues in excess of $500 million as well as lower than average valuation measures for price-to-earnings and price-to-book ratios.

5. Pinnacle West Capital ( PNW) This buy-rated electric utility ranks as the fifth best all-around value stock according to TheStreet Ratings stock model. The company has a dividend payout ratio, which compares the latest quarterly dividend to the latest quarterly earnings, of 127%. Pinnacle's Arizona subsidiary, APS, is rolling out 'self-healing' power lines in the Flagstaff area that can automatically re-route power around a fault, close open circuit breakers, and pinpoint line problems. More up-time may mean less maintenance costs and a super-charged bottom line. Learn more about Pinnacle West Capital: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

4. Cleco Corp ( CNL) This 'Buy'-rated electric utility in Louisiana ranks as the fourth best all-around value stock according to TheStreet Ratings stock model. The company has increased its stockholders equity by 19% in the second quarter over the same quarter last year. Over the same period revenue grew by 33% and net income by 30%. Learn more about Cleco Corp: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

3. OGE Energy Corp ( OGE) This buy-rated electricity and natural gas provider for the south central U.S. ranks as the third best all-around value stock according to TheStreet Ratings stock model. Forward earnings are expected to increase to $3.10 per share in the coming year from $2.95 in the trailing 12 months. Revenue popped by 38% last quarter as net income advanced by 10% over the year earlier quarter. Learn more about OGE Energy Corp: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

2. Hormel Foods Corp ( HRL) This 'Buy'-rated producer of meat and other food products ranks as the second best all-around value stock according to TheStreet Ratings stock model. Forward earnings are expected to increase to $3.05 per share in the next year from $2.90 in the trailing 12 months. As of last quarter, the company pays out one-third of its earnings in the form of dividends. Learn more about Hormel Foods Corp: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

1. WW Grainger Inc ( GWW) This 'Buy'-rated producer facilities maintenance products ranks as the best all-around value stock according to TheStreet Ratings stock model. Forward earnings are expected to increase to $7.34 per share in the next year from $6.40 in the trailing 12 months. In the second quarter, the company paid out 31% of its earnings in the form of dividends. Learn more about WW Grainger Inc: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.

-- Reported by Kevin Baker in Jupiter, Fla.

For additional Investment Research check out our Ratings Research Center.

Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

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