PG&E Corp (PCG): Today's Featured Utilities Laggard

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 lower today making it today's featured Utilities laggard. The sector as a whole closed the day down 0.1%. By the end of trading, PG&E fell $0.43 (-1.0%) to $41.32 on light volume. Throughout the day, 1,884,802 shares of PG&E exchanged hands as compared to its average daily volume of 2,829,800 shares. The stock ranged in price between $41.08-$41.69 after having opened the day at $41.62 as compared to the previous trading day's close of $41.75. Other companies within the Utilities sector that declined today were: American DG Energy ( ADGE), down 5.8%, China Hydroelectric Corporation ( CHC), down 2.6%, Energy Company of Parana ( ELP), down 2.5% and American States Water ( AWR), down 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 $18.5 billion and is part of the utilities industry. Shares are up 3.2% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate PG&E a buy, no analysts rate it a sell, and 7 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, compelling growth in net income, reasonable valuation levels, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Fuelcell Energy ( FCEL), up 4.3%, Clean Energy Fuels Corporation ( CLNE), up 2.9%, Korea Electric Power ( KEP), up 2.8% and Consolidated Water Company ( CWCO), up 2.3% , were all gainers within the utilities sector with Entergy ( ETR) being today's featured utilities sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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