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3 Stocks Improving Performance Of The Utilities Sector

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 34 points (-0.2%) at 15,991 as of Tuesday, Dec. 10, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,637 declining with 176 unchanged.

The Utilities sector currently sits down 0.7% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include Wisconsin Energy Corporation ( WEC), down 1.8%, Korea Electric Power ( KEP), down 1.3%, Consolidated Edison ( ED), down 1.2%, PPL ( PPL), down 1.1% and Edison International ( EIX), down 1.1%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3. Atlas Energy ( ATLS) is one of the companies pushing the Utilities sector higher today. As of noon trading, Atlas Energy is up $1.29 (3.0%) to $43.74 on light volume. Thus far, 110,548 shares of Atlas Energy exchanged hands as compared to its average daily volume of 403,900 shares. The stock has ranged in price between $42.56-$43.78 after having opened the day at $42.69 as compared to the previous trading day's close of $42.45.

Atlas Energy, L.P. engages in the development and production of natural gas, crude oil, and natural gas liquids in basins across the United States. It also sponsors and manages tax-advantaged natural gas and oil investment partnerships. Atlas Energy has a market cap of $2.2 billion and is part of the utilities industry. Shares are up 22.2% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Atlas Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Atlas Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Atlas Energy Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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