Duke Energy Corporation (DUK): Today's Featured Utilities Winner

Duke Energy Corporation ( DUK) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.7%. By the end of trading, Duke Energy Corporation rose 11 cents (0.5%) to $21.29 on average volume. Throughout the day, 9.9 million shares of Duke Energy Corporation exchanged hands as compared to its average daily volume of 12.3 million shares. The stock ranged in a price between $21.16-$21.35 after having opened the day at $21.21 as compared to the previous trading day's close of $21.18. Other companies within the Utilities sector that increased today were: China Hydroelectric Corporation ( CHC), up 5.8%, Inergy L.P ( NRGY), up 4.5%, Transportadora de Gas del Sur ( TGS), up 3.5%, and Energy Company of Parana ( ELP), up 3%.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. The company operates in three segments: U.S. Franchised Electric and Gas, Commercial Power, and International Energy. The U.S. Duke Energy Corporation has a market cap of $28 billion and is part of the utilities industry. The company has a P/E ratio of 16.4, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 3.7% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Duke Energy Corporation a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Duke Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity 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, American DG Energy ( ADGE), down 3.9%, Dynegy ( DYN), down 3.6%, U.S. Geothermal ( HTM), down 3.2%, and Niska Gas Storage Partners ( NKA), down 1.6%, were all losers within the utilities sector with PPL ( PPL) 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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