Today's Stocks Driving Success For The Utilities Sector

TheStreet highlights 3 stocks pushing the utilities sector higher today.
By TheStreet Wire ,

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 11 points (-0.1%) at 17,856 as of Thursday, Nov. 5, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,091 issues advancing vs. 1,846 declining with 161 unchanged.

The Utilities sector currently sits down 0.6% versus the S&P 500, which is down 0.3%. Top gainers within the sector include

Centrais Eletricas Brasileiras

(

EBR

), up 7.1%,

Centrais Eletricas Brasileiras

(

EBR.B

), up 4.9% and

Huaneng Power International

(

HNP

), up 0.6%. On the negative front, top decliners within the sector include

AES Corporation

(

AES

), down 6.2%,

Southwest Gas

(

SWX

), down 5.4%,

Questar

(

STR

), down 3.9%,

ONEOK

(

OKE

), down 3.3% and

OGE Energy

(

OGE

), down 2.4%.

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

3.

DTE Energy

(

DTE

) is one of the companies pushing the Utilities sector higher today. As of noon trading, DTE Energy is up $0.47 (0.6%) to $83.18 on average volume. Thus far, 528,095 shares of DTE Energy exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $82.38-$83.48 after having opened the day at $82.38 as compared to the previous trading day's close of $82.71.

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DTE Energy Company operates in the utility operations. The company's Electric segment engages in the generation, purchase, distribution, and sale of electricity to approximately 2.1 million residential, commercial, and industrial customers in southeastern Michigan. DTE Energy has a market cap of $14.8 billion and is part of the utilities industry. Shares are down 4.2% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate DTE Energy a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

DTE Energy

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, compelling growth in net income and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full

DTE Energy Ratings Report

now.

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2. As of noon trading,

CMS Energy

(

CMS

) is up $0.23 (0.6%) to $36.03 on average volume. Thus far, 1.3 million shares of CMS Energy exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $35.70-$36.11 after having opened the day at $35.80 as compared to the previous trading day's close of $35.80.

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CMS Energy Corporation operates as an energy company primarily in Michigan, the United States. CMS Energy has a market cap of $10.1 billion and is part of the utilities industry. Shares are up 3.0% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate CMS Energy a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

CMS Energy

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and solid stock price performance. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full

CMS Energy Ratings Report

now.

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1. As of noon trading,

EQT

(

EQT

) is up $0.94 (1.4%) to $67.64 on average volume. Thus far, 652,560 shares of EQT exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $65.67-$67.68 after having opened the day at $66.39 as compared to the previous trading day's close of $66.70.

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EQT Corporation, together with its subsidiaries, operates as a natural gas company in the United States. It operates in two segments, EQT Production and EQT Midstream. EQT has a market cap of $10.0 billion and is part of the energy industry. Shares are down 11.9% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts who rate EQT a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

EQT

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. Get the full

EQT Ratings Report

now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the utilities sector could consider

Utilities Select Sector SPDR

(

XLU

) while those bearish on the utilities sector could consider

ProShares UltraShort Utilities

(

SDP

).

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