3. As of noon trading, Northeast Utilities ( NU) is up $0.20 (0.5%) to $38.76 on light volume Thus far, 220,337 shares of Northeast Utilities exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $38.59-$38.80 after having opened the day at $38.68 as compared to the previous trading day's close of $38.56.

Northeast Utilities, a public utility holding company, provides energy delivery services to residential, commercial, and industrial customers in Connecticut, New Hampshire, and Massachusetts. Northeast Utilities has a market cap of $12.2 billion and is part of the utilities industry. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7. Shares are up 6.9% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Northeast Utilities a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Northeast Utilities as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Northeast Utilities Ratings Report now.

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