Calpine Corp (CPN): 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.

Calpine ( CPN) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 1.0%. By the end of trading, Calpine rose $0.29 (1.5%) to $19.34 on average volume. Throughout the day, 3,211,366 shares of Calpine exchanged hands as compared to its average daily volume of 3,241,900 shares. The stock ranged in a price between $18.92-$19.48 after having opened the day at $19.07 as compared to the previous trading day's close of $19.05. Other companies within the Utilities sector that increased today were: Cadiz ( CDZI), up 7.2% and Transportadora de Gas del Sur ( TGS), up 2.6%.

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines, as well as cogeneration power plants. Calpine has a market cap of $8.2 billion and is part of the utilities industry. Shares are up 5.1% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Calpine a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Calpine as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and poor profit margins.

On the negative front, U.S. Geothermal ( HTM), down 4.6%, Pure Cycle Corporation ( PCYO), down 4.6%, Huaneng Power International ( HNP), down 3.8% and Cosan ( CZZ), down 3.6% , were all laggards within the utilities sector with Duke Energy Corporation ( DUK) 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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