Today's Featured Utilities Gainer: Entergy Corp (ETR)

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.

Entergy ( ETR) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.1%. By the end of trading, Entergy rose 79 cents (1.2%) to $69.05 on average volume. Throughout the day, 1.2 million shares of Entergy exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $67.81-$69.14 after having opened the day at $68.29 as compared to the previous trading day's close of $68.26. Other companies within the Utilities sector that increased today were: U.S. Geothermal ( HTM), up 10.9%, Ocean Power Technologies ( OPTT), up 7.1%, Pure Cycle Corporation ( PCYO), up 6.3%, and Calpine ( CPN), up 2.5%.
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Entergy Corporation, together with its subsidiaries, engages in the electric power production and retail electric distribution operations in the United States. The company generates electricity through various sources, such as gas/oil, nuclear, coal, and hydro power. Entergy has a market cap of $12.07 billion and is part of the utilities industry. The company has a P/E ratio of 14.2, below 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 Wednesday. Currently there are two analysts that rate Entergy a buy, two analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Entergy as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and a generally disappointing performance in the stock itself.

For investors not wanting singular stock exposure, 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).

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