WGL Holdings Incorporated (WGL): Today's Featured Utilities Winner

WGL Holdings Incorporated ( WGL) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 1.3%. By the end of trading, WGL Holdings Incorporated rose 37 cents (0.9%) to $41.26 on average volume. Throughout the day, 525,385 shares of WGL Holdings Incorporated exchanged hands as compared to its average daily volume of 373,000 shares. The stock ranged in a price between $40.75-$41.82 after having opened the day at $41.20 as compared to the previous trading day's close of $40.89.

WGL Holdings, Inc. engages in the delivery and sale of natural gas, and provides energy-related products and services in the District of Columbia, Maryland, Virginia, and Delaware. WGL Holdings Incorporated has a market cap of $2.16 billion and is part of the utilities industry. The company has a P/E ratio of 18, above the average utilities industry P/E ratio of 17.8 and above the S&P 500 P/E ratio of 17.7. Shares are up 14.3% year to date as of the close of trading on Monday.

TheStreet Ratings rates WGL as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Evergreen Energy Inc ( EEE), down 24.7%, GreenHunter Energy Inc ( GRH), down 9.2%, Dynegy Inc ( DYN), down 5.9%, and Ocean Power Technologies ( OPTT), down 4.1%, were all losers within the utilities sector with Exelon ( EXC) being today's utilities sector loser.

For investors not wanting singular stock exposure, 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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