3 Stocks Pushing The Utilities Sector Downward - TheStreet

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 up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 62 points (0.4%) at 16,880 as of Tuesday, Oct. 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,323 issues advancing vs. 662 declining with 163 unchanged.

The Utilities sector currently sits up 0.7% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the sector include

ONEOK

(

OKE

), down 1.4%,

Wisconsin Energy

(

WEC

), down 1.0% and

Entergy

(

ETR

), down 0.9%. Top gainers within the sector include

Energy Company of Parana

(

ELP

), up 5.5%,

Centrais Eletricas Brasileiras

(

EBR.B

), up 4.5%,

CPFL Energy

(

CPL

), up 3.7%,

Western Gas Equity Partners

(

WGP

), up 1.8% and

Empresa Nacional de Electricidad

(

EOC

), up 1.4%.

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

3.

Dominion Resources

(

D

) is one of the companies pushing the Utilities sector lower today. As of noon trading, Dominion Resources is down $0.35 (-0.5%) to $70.01 on light volume. Thus far, 903,790 shares of Dominion Resources exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $69.89-$70.67 after having opened the day at $70.51 as compared to the previous trading day's close of $70.36.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. Dominion Resources has a market cap of $41.2 billion and is part of the utilities industry. Shares are up 9.3% year-to-date as of the close of trading on Monday. Currently there are 7 analysts that rate Dominion Resources a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Dominion Resources

as a

buy

. The company's strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Dominion Resources Ratings Report

now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading,

Southern

(

SO

) is down $0.33 (-0.7%) to $47.05 on average volume. Thus far, 2.3 million shares of Southern exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $46.92-$47.59 after having opened the day at $47.48 as compared to the previous trading day's close of $47.38.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

The Southern Company, together with its subsidiaries, operates as a public electric utility company. Southern has a market cap of $42.5 billion and is part of the utilities industry. Shares are up 15.3% year-to-date as of the close of trading on Monday. Currently there are 2 analysts that rate Southern a buy, 3 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates

Southern

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, compelling growth in net income, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full

Southern Ratings Report

now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading,

Duke Energy Corporation

(

DUK

) is down $0.63 (-0.8%) to $79.98 on light volume. Thus far, 1.1 million shares of Duke Energy Corporation exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $79.91-$80.83 after having opened the day at $80.70 as compared to the previous trading day's close of $80.61.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. Duke Energy Corporation has a market cap of $56.8 billion and is part of the utilities industry. Shares are up 16.4% year-to-date as of the close of trading on Monday. Currently there are 7 analysts that rate Duke Energy Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Duke Energy Corporation

as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full

Duke Energy Corporation Ratings Report

now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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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