5 Utilities Stocks Driving The Sector Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 76 points (0.5%) at 15,300 as of Tuesday, July 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,101 issues advancing vs. 849 declining with 106 unchanged.

The Utilities sector currently sits up 0.5% versus the S&P 500, which is up 1.2%. Top gainers within the sector include Energy Company of Parana ( ELP), up 5.6%, and TransCanada ( TRP), up 0.8%.

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

5. ONEOK ( OKE) is one of the companies pushing the Utilities sector higher today. As of noon trading, ONEOK is up $1.18 (2.9%) to $42.60 on average volume. Thus far, 839,683 shares of ONEOK exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $41.60-$42.73 after having opened the day at $41.77 as compared to the previous trading day's close of $41.42.

ONEOK, Inc. operates as a diversified energy company in the United States. The company operates in three segments: ONEOK Partners, Natural Gas Distribution, and Energy Services. ONEOK has a market cap of $8.2 billion and is part of the utilities industry. Shares are down 3.1% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate ONEOK a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates ONEOK as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations 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 ONEOK 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, NRG Energy ( NRG) is up $0.34 (1.2%) to $27.57 on light volume. Thus far, 1.3 million shares of NRG Energy exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $27.23-$27.58 after having opened the day at $27.44 as compared to the previous trading day's close of $27.23.

NRG Energy, Inc., together with its subsidiaries, operates as an integrated wholesale power generation and retail electricity company. The company engages in the ownership, development, construction, expansion, modification, refurbishment, and operation of power generation facilities. NRG Energy has a market cap of $8.4 billion and is part of the utilities industry. Shares are up 18.4% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate NRG Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NRG Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels and notable return on equity. 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 NRG 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 $0.48 (0.6%) to $80.86 on light volume. Thus far, 290,865 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 $80.63-$81.26 after having opened the day at $80.88 as compared to the previous trading day's close of $80.38.

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 $19.4 billion and is part of the utilities industry. Shares are up 13.3% 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 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 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, NextEra Energy ( NEE) is up $0.65 (0.8%) to $81.31 on light volume. Thus far, 472,170 shares of NextEra Energy exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $80.65-$81.56 after having opened the day at $81.02 as compared to the previous trading day's close of $80.66.

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 $33.9 billion and is part of the utilities industry. Shares are up 16.6% year to date as of the close of trading on Monday. Currently there are 10 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 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 NextEra 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.

1. As of noon trading, Exelon ( EXC) is up $0.26 (0.8%) to $30.71 on light volume. Thus far, 2.1 million shares of Exelon exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $30.48-$30.89 after having opened the day at $30.50 as compared to the previous trading day's close of $30.45.

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 $25.5 billion and is part of the utilities industry. Shares are up 2.4% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Exelon a buy, 1 analyst rates it a sell, and 15 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.

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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