4 Stocks Improving Performance Of The Utilities Sector

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 90 points (-0.6%) at 15,522 as of Tuesday, Aug. 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 580 issues advancing vs. 2,389 declining with 97 unchanged.

The Utilities sector currently sits down 0.4% versus the S&P 500, which is down 0.6%. A company within the sector that increased today was Suburban Propane Partners ( SPH), up 2.2%. On the negative front, top decliners within the sector include Exelon ( EXC), down 1.7%, CPFL Energy ( CPL), down 1.5%, FirstEnergy ( FE), down 1.1%, Edison International ( EIX), down 1.0% and TransCanada ( TRP), down 0.7%.

TheStreet would like to highlight 4 stocks pushing the sector higher today:

4. Energy Company of Parana ( ELP) is one of the companies pushing the Utilities sector higher today. As of noon trading, Energy Company of Parana is up $0.24 (2.0%) to $12.46 on average volume. Thus far, 183,715 shares of Energy Company of Parana exchanged hands as compared to its average daily volume of 447,900 shares. The stock has ranged in price between $12.04-$12.56 after having opened the day at $12.23 as compared to the previous trading day's close of $12.22.

Companhia Paranaense de Energia - COPEL engages in the generation, transmission, distribution, and sale of electricity primarily to industrial, residential, commercial, and rural customers primarily in the State of Parana, Brazil. Energy Company of Parana has a market cap of $3.4 billion and is part of the utilities industry. Shares are down 20.4% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Energy Company of Parana a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Energy Company of Parana as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins. Get the full Energy Company of Parana 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, PVR Partners ( PVR) is up $0.57 (2.3%) to $25.13 on average volume. Thus far, 156,252 shares of PVR Partners exchanged hands as compared to its average daily volume of 394,500 shares. The stock has ranged in price between $24.50-$25.13 after having opened the day at $24.50 as compared to the previous trading day's close of $24.56.

PVR Partners, L.P. engages in the gathering and processing of natural gas; and management of coal and natural resource properties in the United States. The company operates in three segments: Eastern Midstream, Midcontinent Midstream, and Coal and Natural Resource Management. PVR Partners has a market cap of $2.5 billion and is part of the utilities industry. Shares are down 5.5% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate PVR Partners a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates PVR Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year 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 PVR Partners 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, CenterPoint Energy ( CNP) is up $0.14 (0.6%) to $24.72 on average volume. Thus far, 1.7 million shares of CenterPoint Energy exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $24.50-$24.92 after having opened the day at $24.61 as compared to the previous trading day's close of $24.58.

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. CenterPoint Energy has a market cap of $10.8 billion and is part of the utilities industry. Shares are up 30.4% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate CenterPoint Energy a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates CenterPoint Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth 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 CenterPoint 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, ONEOK ( OKE) is up $0.24 (0.5%) to $52.53 on light volume. Thus far, 642,256 shares of ONEOK exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $52.03-$52.73 after having opened the day at $52.03 as compared to the previous trading day's close of $52.29.

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 $10.8 billion and is part of the utilities industry. Shares are up 22.3% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate ONEOK a buy, no analysts rate it a sell, and 2 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, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.

If you are interested in one of these 4 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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