4 Stocks Pushing The Utilities Sector Higher

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 154 points (1.2%) at 12,742 as of Monday, Nov. 19, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 2,629 issues advancing vs. 338 declining with 70 unchanged.

The Utilities sector currently sits up 0.4% versus the S&P 500, which is up 1.5%. A company within the sector that fell today was Centrais Eletricas Brasileiras ( EBR.B), up 7.0%.

TheStreet Ratings group would like to highlight 4 stocks pushing the sector higher today:

4. AmeriGas Partners ( APU) is one of the companies pushing the Utilities sector higher today. As of noon trading, AmeriGas Partners is up $1.54 (4.0%) to $40.19 on average volume Thus far, 74,062 shares of AmeriGas Partners exchanged hands as compared to its average daily volume of 119,000 shares. The stock has ranged in price between $39.77-$41.00 after having opened the day at $40.82 as compared to the previous trading day's close of $38.65.

AmeriGas Partners, L.P., through its subsidiary, AmeriGas Propane, L.P., operates as a retail and wholesale distributor of propane gas in the United States. AmeriGas Partners has a market cap of $3.6 billion and is part of the utilities industry. The company has a P/E ratio of -354.5, below the S&P 500 P/E ratio of 17.7. Shares are down 15.1% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates AmeriGas Partners a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates AmeriGas Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full AmeriGas Partners Ratings Report now.

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