3 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

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (-0.1%) at 12,786 as of Tuesday, Nov. 20, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,471 issues advancing vs. 1,424 declining with 128 unchanged.

The Utilities sector currently sits down 0.3% versus the S&P 500, which is up 0.0%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR), down 5.8%, Empresa Nacional de Electricidad ( EOC), down 1.2%, Calpine ( CPN), down 1.4%, Public Service Enterprise Group ( PEG), down 1.0% and Korea Electric Power ( KEP), down 0.7%.

TheStreet Ratings group would like to highlight 3 stocks pushing the sector higher today:

3. Clean Energy Fuels Corporation ( CLNE) is one of the companies pushing the Utilities sector higher today. As of noon trading, Clean Energy Fuels Corporation is up $0.63 (5.1%) to $12.96 on heavy volume Thus far, 1.5 million shares of Clean Energy Fuels Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $12.53-$13.18 after having opened the day at $12.60 as compared to the previous trading day's close of $12.33.

Clean Energy Fuels Corp., together with its subsidiaries, provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. Clean Energy Fuels Corporation has a market cap of $1.1 billion and is part of the utilities industry. The company has a P/E ratio of 33.2, above the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Clean Energy Fuels Corporation a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Clean Energy Fuels Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, poor profit margins and generally disappointing historical performance in the stock itself. Get the full Clean Energy Fuels Corporation Ratings Report now.

2. As of noon trading, CMS Energy ( CMS) is up $0.39 (1.7%) to $23.65 on heavy volume Thus far, 5.4 million shares of CMS Energy exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $23.43-$24.01 after having opened the day at $23.75 as compared to the previous trading day's close of $23.26.

CMS Energy Corporation, through its subsidiaries, operates as an energy company primarily in Michigan. The company operates in three segments: Electric Utility, Gas Utility, and Enterprises. CMS Energy has a market cap of $6.2 billion and is part of the utilities industry. The company has a P/E ratio of 18.0, above the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate CMS Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates CMS Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, solid stock price performance and growth in earnings per share. 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 CMS Energy Ratings Report now.

1. As of noon trading, Sempra Energy ( SRE) is up $0.46 (0.7%) to $66.37 on average volume Thus far, 562,488 shares of Sempra Energy exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $65.77-$66.41 after having opened the day at $66.02 as compared to the previous trading day's close of $65.91.

Sempra Energy, through its subsidiaries, operates as an energy services company. Sempra Energy has a market cap of $16.0 billion and is part of the utilities industry. The company has a P/E ratio of 26.9, above the S&P 500 P/E ratio of 17.7. Shares are up 20.1% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Sempra Energy a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Sempra Energy as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Sempra Energy Ratings Report now.

If you are interested in one of these 3 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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