5 Stocks Driving The Utilities Sector Higher

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 15,558 as of Monday, July 22, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,691 issues advancing vs. 1,251 declining with 101 unchanged.

The Utilities sector currently sits up 0.6% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Energy Company of Parana ( ELP), up 2.2%, and CPFL Energy ( CPL), up 2.0%.

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

5. Companhia De Saneamento Basico Do Estado De ( SBS) is one of the companies pushing the Utilities sector higher today. As of noon trading, Companhia De Saneamento Basico Do Estado De is up $0.12 (1.1%) to $10.75 on average volume. Thus far, 810,512 shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $10.72-$10.95 after having opened the day at $10.79 as compared to the previous trading day's close of $10.63.

Companhia de Saneamento Basico do Estado de S o Paulo-SABESP provides basic and environmental sanitation services; and supplies treated water on a wholesale basis to residential, commercial, industrial, and municipal customers in the State of S o Paulo. Companhia De Saneamento Basico Do Estado De has a market cap of $7.3 billion and is part of the utilities industry. Shares are down 23.8% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Companhia De Saneamento Basico Do Estado De a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Companhia De Saneamento Basico Do Estado De as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Companhia De Saneamento Basico Do Estado De Ratings Report now.

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