PPL Corp (PPL): Today's Featured Utilities Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

PPL ( PPL) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.9%. By the end of trading, PPL rose $0.48 (1.5%) to $31.56 on light volume. Throughout the day, 3,806,950 shares of PPL exchanged hands as compared to its average daily volume of 5,934,600 shares. The stock ranged in a price between $31.16-$31.56 after having opened the day at $31.16 as compared to the previous trading day's close of $31.08. Other companies within the Utilities sector that increased today were: Beacon Power ( BCON), up 26.5%, American DG Energy ( ADGE), up 6.0%, EQT ( EQT), up 3.0% and Energy Company of Minas Gerais ( CIG), up 2.7%.

PPL Corporation, an energy and utility holding company, engages in the generation, transmission, distribution, and sale of electricity to wholesale and retail customers in the United States and the United Kingdom. The company operates in four segments: Kentucky Regulated, U.K. PPL has a market cap of $18.3 billion and is part of the utilities industry. Shares are up 8.6% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate PPL a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates PPL as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Atlantic Power Corporation ( AT), down 4.3%, China Hydroelectric Corporation ( CHC), down 4.2%, Centrais Eletricas Brasileiras ( EBR.B), down 3.7% and GreenHunter Resources ( GRH), down 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).

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

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