PG&E Corp (PCG): Today's Featured Utilities Winner

PG&E ( PCG) 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, PG&E rose 23 cents (0.5%) to $43.88 on light volume. Throughout the day, 1.3 million shares of PG&E exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $43.54-$43.95 after having opened the day at $43.74 as compared to the previous trading day's close of $43.65. Other companies within the Utilities sector that increased today were: GreenHunter Energy ( GRH), up 7.3%, Clean Energy Fuels Corporation ( CLNE), up 6.3%, Distribution and Marketing Company of the N ( EDN), up 5.3%, and Transportadora de Gas del Sur ( TGS), up 5%.

PG&E Corporation, through its subsidiaries, operates as a public utility company in northern and central California. PG&E has a market cap of $18.34 billion and is part of the utilities industry. The company has a P/E ratio of 20.7, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 5.9% year to date as of the close of trading on Thursday. Currently there are four analysts that rate PG&E a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates PG&E as a buy. Among the primary strengths of the company is its revenue growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, China Hydroelectric Corporation ( CHC), down 3.2%, U.S. Geothermal ( HTM), down 2.3%, Inergy L.P ( NRGY), down 2.2%, and Pure Cycle Corporation ( PCYO), down 2.1%, were all losers within the utilities sector with Entergy ( ETR) 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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