Today's Stocks Driving Success For The Utilities Sector

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Utilities sector currently sits up 0.4% versus the S&P 500, which is up 0.4%. Top gainers within the sector include OGE Energy ( OGE), up 1.0%, Korea Electric Power ( KEP), up 1.2%, CenterPoint Energy ( CNP), up 1.0%, EQT ( EQT), up 1.1% and TransCanada ( TRP), up 0.8%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR.B), down 2.8%, and Centrais Eletricas Brasileiras ( EBR), down 2.4%.

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

5. DTE Energy Holding Company ( DTE) is one of the companies pushing the Utilities sector higher today. As of noon trading, DTE Energy Holding Company is up $0.43 (0.7%) to $66.25 on light volume. Thus far, 240,553 shares of DTE Energy Holding Company exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $65.82-$66.46 after having opened the day at $65.82 as compared to the previous trading day's close of $65.82.

DTE Energy Company, together with its subsidiaries, operates as an energy company. The company's Electric segment engages in the generation, purchase, distribution, and sale of electricity to approximately 2.1 million residential, commercial, and industrial customers in southeastern Michigan. DTE Energy Holding Company has a market cap of $11.7 billion and is part of the utilities industry. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 17.7. Shares are up 9.6% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate DTE Energy Holding Company a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates DTE Energy Holding Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full DTE Energy Holding Company 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, Xcel Energy ( XEL) is up $0.16 (0.6%) to $28.22 on light volume. Thus far, 1.3 million shares of Xcel Energy exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $28.00-$28.31 after having opened the day at $28.00 as compared to the previous trading day's close of $28.06.

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. Xcel Energy has a market cap of $14.1 billion and is part of the utilities industry. The company has a P/E ratio of 14.7, below 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 Monday. Currently there are 2 analysts that rate Xcel Energy a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Xcel Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and increase in stock price during the past year. 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 Xcel 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, Sempra Energy ( SRE) is up $0.65 (0.8%) to $81.20 on light volume. Thus far, 384,617 shares of Sempra Energy exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $80.32-$81.44 after having opened the day at $80.43 as compared to the previous trading day's close of $80.55.

Sempra Energy, through its subsidiaries, operates as an energy services company. The company's San Diego Gas & Electric Company segment is involved in the generation, transmission, and distribution electricity; and sale, distribution, and transportation of natural gas in California. Sempra Energy has a market cap of $19.9 billion and is part of the utilities industry. The company has a P/E ratio of 25.5, above the S&P 500 P/E ratio of 17.7. Shares are up 13.5% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Sempra Energy a buy, no analysts rate it a sell, and 2 rate it a hold.

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

2. As of noon trading, Consolidated Edison ( ED) is up $0.22 (0.4%) to $57.73 on light volume. Thus far, 618,707 shares of Consolidated Edison exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $57.36-$57.97 after having opened the day at $57.37 as compared to the previous trading day's close of $57.51.

Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses. Consolidated Edison has a market cap of $17.1 billion and is part of the utilities industry. The company has a P/E ratio of 16.3, below the S&P 500 P/E ratio of 17.7. Shares are up 5.0% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Consolidated Edison a buy, 3 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Consolidated Edison as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Consolidated Edison 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, American Electric Power ( AEP) is up $0.18 (0.4%) to $44.64 on heavy volume. Thus far, 2.8 million shares of American Electric Power exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $44.29-$44.78 after having opened the day at $44.35 as compared to the previous trading day's close of $44.47.

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electric power to retail customers. The company generates electricity using coal and lignite, natural gas, nuclear energy, and hydroelectric energy. American Electric Power has a market cap of $21.8 billion and is part of the utilities industry. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7. Shares are up 4.9% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate American Electric Power a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates American Electric Power as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full American 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.

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).
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