4 Stocks Pushing The Utilities Sector Higher

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 7 points (0.0%) at 14,818 as of Tuesday, Sept. 3, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,623 issues advancing vs. 1,312 declining with 88 unchanged.

The Utilities sector currently sits down 0.4% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Centrais Eletricas Brasileiras ( EBR), up 6.1%, and Centrais Eletricas Brasileiras ( EBR.B), up 3.5%. On the negative front, top decliners within the sector include Wisconsin Energy Corporation ( WEC), down 1.9%, Korea Electric Power ( KEP), down 1.5%, DTE Energy Holding Company ( DTE), down 1.4%, Public Service Enterprise Group ( PEG), down 1.3% and Xcel Energy ( XEL), down 1.3%.

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

4. Empresa Nacional de ElectricidadSA ( EOC) is one of the companies pushing the Utilities sector higher today. As of noon trading, Empresa Nacional de ElectricidadSA is up $0.54 (1.4%) to $40.68 on light volume. Thus far, 29,564 shares of Empresa Nacional de ElectricidadSA exchanged hands as compared to its average daily volume of 125,600 shares. The stock has ranged in price between $40.23-$41.05 after having opened the day at $40.58 as compared to the previous trading day's close of $40.13.

Empresa Nacional de Electricidad S.A., an electricity utility company, engages in the generation and transmission of electricity in Chile, Argentina, Brazil, Colombia, and Peru. It produces electricity through hydroelectric, thermal, and wind power sources. Empresa Nacional de ElectricidadSA has a market cap of $11.0 billion and is part of the utilities industry. Currently there is 1 analyst that rates Empresa Nacional de ElectricidadSA a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Empresa Nacional de ElectricidadSA as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Empresa Nacional de ElectricidadSA Ratings Report now.

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3. As of noon trading, Energy Company of Parana ( ELP) is up $0.51 (4.3%) to $12.35 on average volume. Thus far, 244,468 shares of Energy Company of Parana exchanged hands as compared to its average daily volume of 534,100 shares. The stock has ranged in price between $12.13-$12.40 after having opened the day at $12.18 as compared to the previous trading day's close of $11.84.

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 $3.2 billion and is part of the utilities industry. Currently there are 2 analysts that rate Energy Company of Parana a buy, no analysts rate it a sell, and none rate 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 increase in net income, 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, a generally disappointing performance in the stock itself 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.

2. As of noon trading, Aqua America ( WTR) is up $0.46 (1.9%) to $24.76 on heavy volume. Thus far, 910,553 shares of Aqua America exchanged hands as compared to its average daily volume of 884,800 shares. The stock has ranged in price between $24.50-$25.34 after having opened the day at $24.98 as compared to the previous trading day's close of $24.30.

Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. Aqua America has a market cap of $3.4 billion and is part of the utilities industry. Currently there are 4 analysts that rate Aqua America a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Aqua America as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. 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 Aqua America 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, EQT ( EQT) is up $0.90 (1.1%) to $86.62 on light volume. Thus far, 338,525 shares of EQT exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $86.44-$87.41 after having opened the day at $86.97 as compared to the previous trading day's close of $85.72.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates in three segments: EQT Production, EQT Midstream, and Distribution. EQT has a market cap of $12.9 billion and is part of the utilities industry. Currently there are 9 analysts that rate EQT a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full EQT 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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