Sempra Energy (SRE): Today's Featured Utilities Laggard

Sempra Energy ( SRE) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day down 0.2%. By the end of trading, Sempra Energy fell $1.11 (-1.3%) to $84.35 on average volume. Throughout the day, 1,151,166 shares of Sempra Energy exchanged hands as compared to its average daily volume of 1,333,400 shares. The stock ranged in price between $84.02-$85.58 after having opened the day at $85.45 as compared to the previous trading day's close of $85.46. Other companies within the Utilities sector that declined today were: Beacon Power ( BCON), down 7.1%, Inergy L.P ( NRGY), down 3.3%, Companhia De Saneamento Basico Do Estado De ( SBS), down 2.4% and Aqua America ( WTR), down 2.3%.

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 $20.4 billion and is part of the utilities industry. Shares are up 20.5% 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 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.

On the positive front, GreenHunter Resources ( GRH), up 9.4%, Delta Natural Gas Company ( DGAS), up 4.2%, Just Energy Group ( JE), up 3.6% and American DG Energy ( ADGE), up 3.6%.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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