Ameren Corp (AEE): Today's Featured Utilities Winner
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.
(
) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole was unchanged today. By the end of trading, Ameren rose $0.36 (1.0%) to $35.39 on heavy volume. Throughout the day, 2,882,352 shares of Ameren exchanged hands as compared to its average daily volume of 1,478,600 shares. The stock ranged in a price between $35.03-$35.58 after having opened the day at $35.07 as compared to the previous trading day's close of $35.03. Other companies within the Utilities sector that increased today were:
(
), up 14.4%,
(
), up 3.1%,
(
TheStreet Recommends
), up 2.9% and
(
), up 2.2%.
Ameren Corporation operates as a public utility holding company in the United States. It operates in three segments: Ameren Missouri, Ameren Illinois, and Merchant Generation. Ameren has a market cap of $8.4 billion and is part of the utilities industry. Shares are up 12.6% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Ameren a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Ameren
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures 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.
- You can view the full Ameren Ratings Report.
On the negative front,
(
), down 4.1%,
Empresa Nacional de ElectricidadSA
(
), down 3.0%,
(
), down 2.9% and
(
), down 2.8% , were all laggards within the utilities sector with
(
) being today's utilities sector laggard.
- Use our utilities section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, 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
(
).
- Find other investment ideas from our top rated ETFs lists.
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