5 Stocks Pushing The Utilities Sector Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading up today with the Dow Jones Industrial Average (^DJI) trading up 24 points (0.2%) at 14,421 as of Monday, March 11, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,375 issues advancing vs. 1,531 declining with 142 unchanged.

The Utilities sector currently sits down 0.1% versus the S&P 500, which is up 0.1%. A company within the sector that increased today was Ameren (AEE), up 1.1%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras (EBR.B), down 1.9%, and Centrais Eletricas Brasileiras (EBR), down 1.1%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today:

5. Sempra Energy (SRE) is one of the companies pushing the Utilities sector higher today. As of noon trading, Sempra Energy is up $0.41 (0.5%) to $79.06 on light volume Thus far, 274,828 shares of Sempra Energy exchanged hands as compared to its average daily volume of 936,900 shares. The stock has ranged in price between $78.45-$79.22 after having opened the day at $78.54 as compared to the previous trading day's close of $78.65.

Sempra Energy, through its subsidiaries, operates as an energy services company. The company's San Diego Gas & Electric Company segment is involved in the generation, transmission, and distribution electricity; and sale, distribution, and transportation of natural gas in California. Sempra Energy has a market cap of $19.1 billion and is part of the utilities industry. The company has a P/E ratio of 22.6, above the S&P 500 P/E ratio of 17.7. Shares are up 10.9% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Sempra Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Sempra Energy as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Sempra Energy Ratings Report now.

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