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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 24 points (-0.2%) at 13,886 as of Thursday, Jan. 31, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,305 issues advancing vs. 1,515 declining with 144 unchanged.

The Utilities sector currently sits down 0.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR.B), down 2.1%, and CPFL Energy ( CPL), down 1.2%.

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

4. Korea Electric Power ( KEP) is one of the companies pushing the Utilities sector higher today. As of noon trading, Korea Electric Power is up $0.12 (0.8%) to $14.99 on light volume Thus far, 203,020 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 814,700 shares. The stock has ranged in price between $14.93-$14.99 after having opened the day at $14.93 as compared to the previous trading day's close of $14.87.

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in Korea. The company generates power from nuclear, coal, oil, liquefied natural gas, hydro, wind, and solar sources. Korea Electric Power has a market cap of $20.6 billion and is part of the utilities industry. The company has a P/E ratio of 27.9, above the S&P 500 P/E ratio of 17.7. Shares are up 11.9% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Korea Electric Power a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Korea Electric Power as a sell. The company's weaknesses can be seen in multiple areas, such as its poor profit margins and generally disappointing historical performance in the stock itself. Get the full Korea Electric Power Ratings Report now.

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3. As of noon trading, Xcel Energy ( XEL) is up $0.15 (0.6%) to $27.62 on average volume Thus far, 927,613 shares of Xcel Energy exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $27.34-$27.66 after having opened the day at $27.49 as compared to the previous trading day's close of $27.47.

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electricity in the United States. The company generates electricity using coal, natural gas, nuclear, hydro, solar, waste, biomass, oil, and wind energy sources. Xcel Energy has a market cap of $13.4 billion and is part of the utilities industry. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are up 3.3% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Xcel Energy a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Xcel Energy as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, expanding profit margins, notable return on equity and increase in stock price during the past year. 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 Xcel Energy Ratings Report now.

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2. As of noon trading, ONEOK ( OKE) is up $0.43 (0.9%) to $47.36 on light volume Thus far, 457,762 shares of ONEOK exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $46.80-$47.38 after having opened the day at $46.82 as compared to the previous trading day's close of $46.93.

ONEOK, Inc., a diversified energy company, engages in the gathering, processing, storage, and transportation of natural gas and natural gas liquids in the United States. The company operates through three segments: ONEOK Partners, Natural Gas Distribution, and Energy Services. ONEOK has a market cap of $9.7 billion and is part of the utilities industry. The company has a P/E ratio of 28.8, above the S&P 500 P/E ratio of 17.7. Shares are up 11.0% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate ONEOK a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ONEOK as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, growth in earnings per share, increase in stock price during the past year and increase in net income. 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 ONEOK Ratings Report now.

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1. As of noon trading, Public Service Enterprise Group ( PEG) is up $0.18 (0.6%) to $31.06 on light volume Thus far, 789,038 shares of Public Service Enterprise Group exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $30.87-$31.07 after having opened the day at $30.87 as compared to the previous trading day's close of $30.88.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the northeastern and mid Atlantic United States. Public Service Enterprise Group has a market cap of $15.5 billion and is part of the utilities industry. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7. Shares are up 1.0% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Public Service Enterprise Group a buy, 3 analysts rate it a sell, and 8 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.

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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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