5 Utilities Stocks Nudging The 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 8 points (0.1%) at 15,256 as of Monday, June 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,353 issues advancing vs. 1,578 declining with 107 unchanged.

The Utilities sector currently sits up 0.5% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Companhia De Saneamento Basico Do Estado De ( SBS), down 4.53, and Centrais Eletricas Brasileiras ( EBR.B), down 2.36.

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

5. Korea Electric Power ( KEP) is one of the companies pushing the Utilities sector higher today. As of noon trading, Korea Electric Power is up $0.21 (1.84) to $11.65 on light volume Thus far, 113,601 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 444,200 shares. The stock has ranged in price between $11.64-$11.71 after having opened the day at $11.71 as compared to the previous trading day's close of $11.44.

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in Korea. Korea Electric Power has a market cap of $14.5 billion and is part of the utilities industry. The company has a P/E ratio of 20.7, above the S&P 500 P/E ratio of 17.7. Shares are down 18.1% year to date as of the close of trading on Friday. 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. Among the areas we feel are negative, one of the most important has been poor profit margins. Get the full Korea Electric Power Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Atlas Energy ( ATLS) is up $3.75 (7.81) to $51.75 on heavy volume Thus far, 352,662 shares of Atlas Energy exchanged hands as compared to its average daily volume of 285,000 shares. The stock has ranged in price between $49.36-$51.92 after having opened the day at $49.54 as compared to the previous trading day's close of $48.00.

Atlas Energy, L.P. engages in the development and production of natural gas, crude oil, and natural gas liquids in basins across the United States. It also sponsors and manages tax-advantaged natural gas and oil investment partnerships. Atlas Energy has a market cap of $2.5 billion and is part of the utilities industry. Shares are up 38.2% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Atlas Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Atlas Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow. Get the full Atlas Energy Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, TransCanada ( TRP) is up $1.21 (2.70) to $46.09 on heavy volume Thus far, 543,411 shares of TransCanada exchanged hands as compared to its average daily volume of 520,100 shares. The stock has ranged in price between $44.79-$46.16 after having opened the day at $44.81 as compared to the previous trading day's close of $44.88.

TransCanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Oil Pipelines, and Energy. TransCanada has a market cap of $31.7 billion and is part of the utilities industry. The company has a P/E ratio of 23.1, above the S&P 500 P/E ratio of 17.7. Shares are down 5.2% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate TransCanada a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates TransCanada as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. 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 TransCanada Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Entergy ( ETR) is up $1.52 (2.23) to $69.71 on average volume Thus far, 948,287 shares of Entergy exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $68.75-$69.88 after having opened the day at $69.29 as compared to the previous trading day's close of $68.19.

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 $12.1 billion and is part of the utilities industry. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are up 7.0% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Entergy a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Entergy as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, attractive valuation levels, notable return on equity and impressive record of earnings per share growth. 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 Entergy Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Duke Energy Corporation ( DUK) is up $0.26 (0.38) to $67.95 on average volume Thus far, 1.1 million shares of Duke Energy Corporation exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $67.51-$68.42 after having opened the day at $68.02 as compared to the previous trading day's close of $67.69.

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 $47.6 billion and is part of the utilities industry. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 6.1% year to date as of the close of trading on Friday. 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, good cash flow from operations, compelling growth 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 Duke Energy Corporation Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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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