Portland General Electric Company POR has been benefiting from the focus on delivering safe, clean and reliable energy to customers. Portland General Electric continues to benefit from strong energy delivery and customer growth.Let us focus on the factors that make this Zacks Rank #2 (Buy) stock a strong investment pick. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Estimate RevisionThe Zacks Consensus Estimate for Portland General Electric’s 2022 and 2023 earnings per share is pegged at $2.82 and $2.94, respectively. Earnings estimates for 2022 and 2023 reflect growth of 9.7% and 2.4%, respectively, in the past 60 days.The Zacks Consensus Estimate for Portland General Electric’s 2022 and 2023 revenues reflects year-over-year growth of 5.5% and 4.3%, respectively.Capital Investment PlanFor 2022-2026, the company expects to make investments of $3,355 million. The investment will be aimed at updating and replacing aging generation, transmission and distribution equipment. Portland General Electric’s objective is to build a smarter and resilient grid, which will assist it in providing reliable customer service.Earnings Surprise & Long-Term Earnings GrowthPortland General Electric reported a positive earnings surprise in the last quarter. POR’s systematic capital spending will further strengthen and expand its infrastructure, boosting its performance and earnings.Portland General Electric’s long-term (three to five years) earnings growth is pegged at 9.7%.DividendPortland General Electric’s long-term dividend growth target is 5-7%, subject to the approval of its board of directors.POR’s current annual dividend is $1.81. Its dividend yield is 3.55%, better than the industry yield of 3.06%.Price MovementIn the past three months, the stock has gained 10% compared with the industry’s growth of 5.9%. Image Source: Zacks Investment Research Other Stocks to ConsiderSome other top-ranked stocks in the same sector are Alliant Energy LNT, CenterPoint Energy CNP and Primo Water Corporation PRMW, each carrying a Zacks Rank #2 at present.Alliant Energy, CenterPoint Energy and Primo Water delivered average earnings surprises of 5.8%, 9.6%, and 6.9%, respectively, in the last four quarters.The Zacks Consensus Estimate for 2022 earnings per share of Alliant Energy, CenterPoint Energy and Primo Water has moved up 1.8%, 0.7%, and 13.1%, respectively, in the past 60 days. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report Portland General Electric Company (POR): Free Stock Analysis Report Alliant Energy Corporation (LNT): Free Stock Analysis Report Primo Water Corporation (PRMW): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research