3 Utilities Stocks On The Rise - 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%. 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%. 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%.

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

3.

EQT

(

EQT

) is one of the companies pushing the Utilities sector higher today. As of noon trading, EQT is up $1.48 (1.7%) to $88.13 on average volume. Thus far, 592,612 shares of EQT exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $86.42-$88.78 after having opened the day at $87.20 as compared to the previous trading day's close of $86.65.

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

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 $13.5 billion and is part of the energy industry. Shares are down 1.0% year-to-date as of the close of trading on Monday. 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

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

EQT 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,

PG&E

(

PCG

) is up $0.55 (1.2%) to $47.12 on average volume. Thus far, 1.9 million shares of PG&E exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $46.45-$47.87 after having opened the day at $46.64 as compared to the previous trading day's close of $46.57.

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

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to customers primarily in northern and central California. It serves approximately 15 million customers. PG&E has a market cap of $22.2 billion and is part of the utilities industry. Shares are up 17.1% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate PG&E a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates

PG&E

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth 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

PG&E 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,

Praxair

(

PX

) is up $0.69 (0.6%) to $126.20 on average volume. Thus far, 797,144 shares of Praxair exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $125.73-$126.98 after having opened the day at $126.34 as compared to the previous trading day's close of $125.51.

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

Praxair, Inc. produces, sells, and distributes atmospheric, process, and specialty gases, as well as surface coatings in North America, Europe, South America, and Asia. Praxair has a market cap of $37.3 billion and is part of the chemicals industry. Shares are down 1.8% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate Praxair a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Praxair

as a

buy

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

Praxair 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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