3. As of noon trading, CenterPoint Energy ( CNP) is up $0.29 (1.4%) to $20.80 on average volume Thus far, 1.9 million shares of CenterPoint Energy exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $20.48-$20.83 after having opened the day at $20.52 as compared to the previous trading day's close of $20.51.

CenterPoint Energy, Inc. operates as a public utility holding company. CenterPoint Energy has a market cap of $8.7 billion and is part of the utilities industry. The company has a P/E ratio of 21.7, above the S&P 500 P/E ratio of 17.7. Shares are up 6.0% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate CenterPoint Energy a buy, no analysts rate it a sell, and 7 rate it a hold.

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

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

If you liked this article you might like

Korea's New President Wastes No Time on Corporate Reform

Korea Electric Power Targets Toshiba's Stake in Nuclear Venture

4 Stocks Showing Red Flags in March

These 4 Stocks Are Showing Red Flags in March

How to Go Nuclear With Your Portfolio