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 57 points (-0.4%) at 13,961 as of Wednesday, Feb. 13, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,624 issues advancing vs. 1,238 declining with 155 unchanged.

The Utilities sector currently sits up 0.2% versus the S&P 500, which is unchanged. Top gainers within the sector include CPFL Energy ( CPL), up 2.2%, Centrais Eletricas Brasileiras ( EBR), up 1.8%, Korea Electric Power ( KEP), up 2.0%, Centrais Eletricas Brasileiras ( EBR.B), up 1.1% and FirstEnergy ( FE), up 0.7%. A company within the sector that fell today was Exelon ( EXC), up 1.3%.

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

3. National Electricity Company of Chile ( EOC) is one of the companies pushing the Utilities sector higher today. As of noon trading, National Electricity Company of Chile is up $0.61 (1.2%) to $52.74 on light volume Thus far, 20,515 shares of National Electricity Company of Chile exchanged hands as compared to its average daily volume of 130,100 shares. The stock has ranged in price between $52.05-$52.87 after having opened the day at $52.05 as compared to the previous trading day's close of $52.13.

Empresa Nacional de Electricidad S.A., together with its subsidiaries, primarily engages in the generation of electricity. It owns and operates hydroelectric facilities; thermal facilities comprising natural gas, LNG, coal, or oil-fired units; and wind power generation facilities. National Electricity Company of Chile has a market cap of $14.3 billion and is part of the utilities industry. The company has a P/E ratio of 23.0, above the S&P 500 P/E ratio of 17.7. Shares are up 7.1% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates National Electricity Company of Chile a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates National Electricity Company of Chile as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, deteriorating net income and disappointing return on equity. Get the full National Electricity Company of Chile Ratings Report now.

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2. As of noon trading, AmeriGas Partners ( APU) is up $1.08 (2.5%) to $43.63 on average volume Thus far, 66,706 shares of AmeriGas Partners exchanged hands as compared to its average daily volume of 168,900 shares. The stock has ranged in price between $42.64-$43.65 after having opened the day at $42.95 as compared to the previous trading day's close of $42.55.

AmeriGas Partners, L.P. operates as a retail and wholesale distributor of propane gas, and related equipment and supplies in the United States. AmeriGas Partners has a market cap of $3.9 billion and is part of the utilities industry. The company has a P/E ratio of 157.0, above the S&P 500 P/E ratio of 17.7. Shares are up 9.4% year to date as of the close of trading on Tuesday. 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 robust revenue growth, expanding profit margins, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full AmeriGas Partners Ratings Report now.

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1. As of noon trading, Enersis ( ENI) is up $0.11 (0.6%) to $19.68 on average volume Thus far, 284,907 shares of Enersis exchanged hands as compared to its average daily volume of 536,200 shares. The stock has ranged in price between $19.52-$19.72 after having opened the day at $19.58 as compared to the previous trading day's close of $19.57.

Enersis S.A., an electric utility company, engages in the electricity generation, transmission, and distribution businesses in Chile, Argentina, Brazil, Colombia, and Peru. Enersis has a market cap of $12.8 billion and is part of the utilities industry. The company has a P/E ratio of 13.2, below the S&P 500 P/E ratio of 17.7. Shares are up 7.6% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Enersis a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enersis 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, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Enersis Ratings Report now.

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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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