Today's Stocks Driving Success For The Utilities Sector

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 84 points (0.6%) at 15,176 as of Tuesday, May 14, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,014 issues advancing vs. 928 declining with 109 unchanged.

The Utilities sector currently sits up 0.8% versus the S&P 500, which is up 0.9%. Top gainers within the sector include CenterPoint Energy ( CNP), up 1.7%, Korea Electric Power ( KEP), up 1.7%, Sempra Energy ( SRE), up 1.5%, EQT ( EQT), up 1.6% and Dominion Resources ( D), up 1.2%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today:

5. PG&E ( PCG) is one of the companies pushing the Utilities sector higher today. As of noon trading, PG&E is up $0.44 (0.96) to $46.96 on light volume Thus far, 877,995 shares of PG&E exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $46.38-$47.01 after having opened the day at $46.64 as compared to the previous trading day's close of $46.52.

PG&E Corporation, through its subsidiaries, operates as a public utility company in northern and central California. PG&E has a market cap of $20.6 billion and is part of the utilities industry. The company has a P/E ratio of 24.4, above the S&P 500 P/E ratio of 17.7. Shares are up 16.0% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate PG&E a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates PG&E as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, increase in net income, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full PG&E Ratings Report now.

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4. As of noon trading, NextEra Energy ( NEE) is up $0.78 (0.98) to $80.40 on light volume Thus far, 490,325 shares of NextEra Energy exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $79.42-$80.52 after having opened the day at $79.72 as compared to the previous trading day's close of $79.62.

NextEra Energy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in the United States and Canada. The company is involved in the generation of renewable energy from wind and solar projects. NextEra Energy has a market cap of $34.0 billion and is part of the utilities industry. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7. Shares are up 15.6% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate NextEra Energy a buy, no analysts rate it a sell, and 7 rate it a hold.

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

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3. As of noon trading, Southern ( SO) is up $0.45 (0.98) to $46.29 on average volume Thus far, 1.7 million shares of Southern exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $45.75-$46.36 after having opened the day at $45.81 as compared to the previous trading day's close of $45.84.

The Southern Company, together with its subsidiaries, operates as a public electric utility company. Southern has a market cap of $40.1 billion and is part of the utilities industry. The company has a P/E ratio of 19.7, 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 Monday. Currently there are 2 analysts that rate Southern a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Southern as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth 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 Southern Ratings Report now.

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2. As of noon trading, Duke Energy Corporation ( DUK) is up $0.58 (0.81) to $72.35 on average volume Thus far, 1.4 million shares of Duke Energy Corporation exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $71.75-$72.65 after having opened the day at $71.75 as compared to the previous trading day's close of $71.77.

Duke Energy Corporation operates as an energy company in the United States and Latin America. The company operates in three segments: U.S. Franchised Electric and Gas, Commercial Power, and International Energy. The U.S. Duke Energy Corporation has a market cap of $50.9 billion and is part of the utilities industry. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Duke Energy Corporation a buy, no analysts rate it a sell, and 9 rate it a hold.

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

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1. As of noon trading, Exelon ( EXC) is up $0.21 (0.60) to $35.14 on average volume Thus far, 2.6 million shares of Exelon exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $34.91-$35.26 after having opened the day at $34.99 as compared to the previous trading day's close of $34.93.

Exelon Corporation, a utility services holding company, engages in the energy generation and distribution business in the United States. Exelon has a market cap of $30.6 billion and is part of the utilities industry. The company has a P/E ratio of 31.6, above the S&P 500 P/E ratio of 17.7. Shares are up 17.5% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Exelon a buy, 1 analyst rates it a sell, and 13 rate it a hold.

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

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

If you are interested in one of these 5 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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