Exelon Corp (EXC): Today's Featured Utilities Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Exelon ( EXC) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 0.4%. By the end of trading, Exelon rose 37 cents (1%) to $35.94 on heavy volume. Throughout the day, 9.4 million shares of Exelon exchanged hands as compared to its average daily volume of 5.3 million shares. The stock ranged in a price between $35.51-$35.99 after having opened the day at $35.70 as compared to the previous trading day's close of $35.57. Other companies within the Utilities sector that increased today were: Transportadora de Gas del Sur ( TGS), up 4.3%, American DG Energy ( ADGE), up 4%, TransAlta Corporation ( TAC), up 3.8%, and GreenHunter Energy ( GRH), up 3.8%.
  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

Exelon Corporation, a utility services holding company, engages in the energy generation and distribution business in the United States. Exelon has a market cap of $29.76 billion and is part of the utilities industry. The company has a P/E ratio of 14.3, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 19.6% year to date as of the close of trading on Thursday. Currently there are three analysts that rate Exelon a buy, one analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates Exelon as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, China Hydroelectric Corporation ( CHC), down 10.3%, Ocean Power Technologies ( OPTT), down 10.2%, Huaneng Power International ( HNP), down 6.2%, and American Water Works ( AWK), down 3.6%, were all laggards within the utilities sector with FirstEnergy ( FE) being today's utilities sector laggard.

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).

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.

null

More from Markets

Stocks Search for Direction as Trump Comments Lead to Worries Over China Talks

Stocks Search for Direction as Trump Comments Lead to Worries Over China Talks

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

General Electric's Stock Gets Routed as CEO Flannery Flubs Presentation

General Electric's Stock Gets Routed as CEO Flannery Flubs Presentation

Italy's President Gives Mandate For Anti-European Government in Rome

Italy's President Gives Mandate For Anti-European Government in Rome