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

Dow Jones Industrial Average

(

^DJI

) trading up 6 points (0.0%) at 16,404 as of Tuesday, Jan. 12, 2016, 11:55 AM ET. The NYSE advances/declines ratio sits at 969 issues advancing vs. 1,988 declining with 156 unchanged.

The Utilities sector currently sits down 1.1% versus the S&P 500, which is down 0.1%. A company within the sector that increased today was

Centrais Eletricas Brasileiras

(

EBR

), up 3.4%. On the negative front, top decliners within the sector include

EQT

(

EQT

), down 4.0%,

Western Gas Equity Partners

(

WGP

), down 3.4%,

Pinnacle West Capital

(

PNW

), down 2.4%,

Enersis

(

ENI

), down 1.8% and

Huaneng Power International

(

HNP

), down 1.6%.

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

3.

Energy Company of Minas Gerais

(

CIG

) is one of the companies pushing the Utilities sector higher today. As of noon trading, Energy Company of Minas Gerais is up $0.05 (4.3%) to $1.21 on average volume. Thus far, 2.0 million shares of Energy Company of Minas Gerais exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $1.19-$1.23 after having opened the day at $1.21 as compared to the previous trading day's close of $1.16.

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.

Companhia Energetica de Minas Gerais S.A., through its subsidiaries, engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. Energy Company of Minas Gerais has a market cap of $1.4 billion and is part of the utilities industry. Shares are down 22.7% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Energy Company of Minas Gerais a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Energy Company of Minas Gerais

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full

Energy Company of Minas Gerais 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.

2. As of noon trading,

TransCanada

(

TRP

) is up $0.18 (0.6%) to $31.04 on average volume. Thus far, 486,502 shares of TransCanada exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $30.92-$31.60 after having opened the day at $31.03 as compared to the previous trading day's close of $30.86.

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.

TransCanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Liquids Pipelines, and Energy. TransCanada has a market cap of $21.8 billion and is part of the energy industry. Shares are down 5.3% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate TransCanada a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

TransCanada

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full

TransCanada 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.

1. As of noon trading,

ITC Holdings

(

ITC

) is up $0.41 (1.0%) to $40.03 on light volume. Thus far, 552,003 shares of ITC Holdings exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $39.16-$40.03 after having opened the day at $39.79 as compared to the previous trading day's close of $39.62.

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.

ITC Holdings Corp., together with its subsidiaries, engages in the transmission of electricity in the United States. ITC Holdings has a market cap of $6.1 billion and is part of the utilities industry. Shares are up 0.9% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate ITC Holdings a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

ITC Holdings

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

ITC Holdings 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

).