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One out of the three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 23 points (0.1%) at 17,236 as of Monday, March 14, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,114 issues advancing vs. 1,808 declining with 171 unchanged.

The Utilities sector currently sits down 0.4% versus the S&P 500, which is down 0.1%. Top gainers within the sector include

Centrais Eletricas Brasileiras

(

EBR.B

), up 2.0%,

Public Service Enterprise Group

(

PEG

), up 0.7% and

Enersis Americas

(

TheStreet Recommends

ENI

), up 0.5%. On the negative front, top decliners within the sector include

Energy Company of Minas Gerais ADR

(

CIG

), down 5.6%,

Calpine

(

CPN

), down 3.7%,

Western Gas Equity Partners

(

WGP

), down 1.7% and

Praxair

(

PX

), down 1.0%.

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

3.

Pinnacle West Capital

(

PNW

) is one of the companies pushing the Utilities sector higher today. As of noon trading, Pinnacle West Capital is up $0.52 (0.7%) to $71.70 on average volume. Thus far, 419,452 shares of Pinnacle West Capital exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $70.45-$71.77 after having opened the day at $71.00 as compared to the previous trading day's close of $71.18.

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Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the State of Arizona. It generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar resources. Pinnacle West Capital has a market cap of $7.9 billion and is part of the utilities industry. Shares are up 10.4% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Pinnacle West Capital a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Pinnacle West Capital

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full

Pinnacle West Capital Ratings Report

now.

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2. As of noon trading,

Targa Resources

(

TRGP

) is up $0.60 (2.1%) to $28.94 on light volume. Thus far, 1.2 million shares of Targa Resources exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $27.50-$29.20 after having opened the day at $28.07 as compared to the previous trading day's close of $28.34.

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Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates in two divisions, Gathering and Processing, and Logistics and Marketing. Targa Resources has a market cap of $4.4 billion and is part of the energy industry. Shares are up 4.7% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate Targa Resources a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates

Targa Resources

as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, generally higher debt management risk and disappointing return on equity. Get the full

Targa Resources Ratings Report

now.

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1. As of noon trading,

CenterPoint Energy

(

CNP

) is up $0.13 (0.6%) to $20.41 on light volume. Thus far, 1.3 million shares of CenterPoint Energy exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $20.22-$20.46 after having opened the day at $20.26 as compared to the previous trading day's close of $20.28.

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CenterPoint Energy, Inc. operates as a public utility holding company in the United States. CenterPoint Energy has a market cap of $8.7 billion and is part of the utilities industry. Shares are up 10.5% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate CenterPoint Energy a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

CenterPoint Energy

as a

hold

. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full

CenterPoint Energy Ratings Report

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

Utilities Select Sector SPDR

(

XLU

) while those bearish on the utilities sector could consider

ProShares UltraShort Utilities

(

SDP

).