Today's Stocks Driving Success For The Utilities Sector
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
(
), up 7.1%,
Centrais Eletricas Brasileiras
(
), up 4.9% and
(
), up 0.6%. On the negative front, top decliners within the sector include
(
), down 6.2%,
(
), down 5.4%,
(
), down 3.9%,
(
), down 3.3% and
(
), down 2.4%.
TheStreet would like to highlight 3 stocks pushing the sector higher today:
3.
(
) 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
. 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
now.
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2. As of noon trading,
(
) 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
. 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
now.
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1. As of noon trading,
(
) 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
. 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
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
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
(
) while those bearish on the utilities sector could consider
ProShares UltraShort Utilities
(
).