PG&E Corp (PCG): 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.

PG&E ( PCG) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 0.2%. By the end of trading, PG&E rose $0.71 (1.6%) to $46.32 on average volume. Throughout the day, 2,758,442 shares of PG&E exchanged hands as compared to its average daily volume of 2,866,300 shares. The stock ranged in a price between $45.42-$46.32 after having opened the day at $45.54 as compared to the previous trading day's close of $45.61. Other companies within the Utilities sector that increased today were: NRG Yield ( NYLD), up 3.5%, PVR Partners ( PVR), up 2.9%, Empresa Distribuidora y Comercializadora No ( EDN), up 2.6% and Summit Midstream Partners ( SMLP), up 2.5%.

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, operates as a public utility company in northern and central California. PG&E has a market cap of $20.0 billion and is part of the utilities industry. Shares are up 13.5% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate PG&E a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates PG&E as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, increase in net income, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Beacon Power ( BCON), down 8.6%, GreenHunter Resources ( GRH), down 6.1%, Energy Company of Parana ( ELP), down 2.4% and Delta Natural Gas Company ( DGAS), down 2.3% , were all laggards within the utilities sector with ONEOK ( OKE) being today's utilities sector laggard.

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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