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.

3. As of noon trading, TransCanada ( TRP) is up $0.30 (0.7%) to $45.32 on average volume Thus far, 112,705 shares of TransCanada exchanged hands as compared to its average daily volume of 254,700 shares. The stock has ranged in price between $45.15-$45.66 after having opened the day at $45.55 as compared to the previous trading day's close of $45.02.

Transcanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Oil Pipelines, and Energy. TransCanada has a market cap of $31.2 billion and is part of the utilities industry. The company has a P/E ratio of 22.7, above the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate TransCanada a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates TransCanada as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full TransCanada Ratings Report now.

2. As of noon trading, Basic Sanitation Company of the State of Sa ( SBS) is up $0.81 (1.0%) to $83.41 on light volume Thus far, 132,077 shares of Basic Sanitation Company of the State of Sa exchanged hands as compared to its average daily volume of 380,600 shares. The stock has ranged in price between $83.26-$83.92 after having opened the day at $83.56 as compared to the previous trading day's close of $82.60.

Companhia de Saneamento Basico do Estado de S o Paulo SABESP provides basic and environmental sanitation services; and supplies treated water on a wholesale basis to residential, commercial, industrial, and governmental customers in the State of S o Paulo. Basic Sanitation Company of the State of Sa has a market cap of $9.0 billion and is part of the utilities industry. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7. Shares are up 41.5% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Basic Sanitation Company of the State of Sa a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Basic Sanitation Company of the State of Sa as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Basic Sanitation Company of the State of Sa Ratings Report now.

1. As of noon trading, Public Service Enterprise Group ( PEG) is up $0.18 (0.6%) to $29.63 on average volume Thus far, 1.1 million shares of Public Service Enterprise Group exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $29.49-$29.72 after having opened the day at $29.52 as compared to the previous trading day's close of $29.45.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in the energy industry primarily in the northeastern and mid Atlantic United States. Public Service Enterprise Group has a market cap of $14.8 billion and is part of the utilities industry. The company has a P/E ratio of 10.5, below the S&P 500 P/E ratio of 17.7. Shares are down 10.8% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Public Service Enterprise Group a buy, 3 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Public Service Enterprise Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Public Service Enterprise Group Ratings Report now.

If you are interested in one of these 4 stocks, 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).

A reminder about TheStreet Ratings group: 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.

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