5 Stocks Boosting 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 108 points (0.7%) at 14,942 as of Wednesday, Sept. 4, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,111 issues advancing vs. 816 declining with 96 unchanged.

The Utilities sector currently sits up 0.2% versus the S&P 500, which is up 1.3%. A company within the sector that increased today was Dominion Resources ( D), up 0.6%. On the negative front, top decliners within the sector include EQT ( EQT), down 1.0%, Enersis ( ENI), down 0.6% and Huaneng Power International ( HNP), down 0.5%.

TheStreet would like to highlight 5 stocks pushing the sector higher today:

5. Korea Electric Power ( KEP) is one of the companies pushing the Utilities sector higher today. As of noon trading, Korea Electric Power is up $0.10 (0.7%) to $13.58 on light volume. Thus far, 61,343 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 374,900 shares. The stock has ranged in price between $13.54-$13.59 after having opened the day at $13.54 as compared to the previous trading day's close of $13.48.

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in Korea. Korea Electric Power has a market cap of $17.1 billion and is part of the utilities industry. Shares are down 3.5% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Korea Electric Power a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Korea Electric Power as a sell. The area that we feel has been the company's primary weakness has been its feeble growth in its earnings per share. Get the full Korea Electric Power 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.

4. As of noon trading, MDU Resources Group ( MDU) is up $0.50 (1.9%) to $26.74 on average volume. Thus far, 266,613 shares of MDU Resources Group exchanged hands as compared to its average daily volume of 605,600 shares. The stock has ranged in price between $26.21-$26.75 after having opened the day at $26.37 as compared to the previous trading day's close of $26.24.

MDU Resources Group, Inc. operates as a diversified natural resource company in the United States. The company's Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. MDU Resources Group has a market cap of $5.0 billion and is part of the utilities industry. Shares are up 23.5% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate MDU Resources Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates MDU Resources Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures 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 MDU Resources Group 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, Companhia De Saneamento Basico Do Estado De ( SBS) is up $0.08 (0.9%) to $8.46 on light volume. Thus far, 718,444 shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $8.33-$8.54 after having opened the day at $8.53 as compared to the previous trading day's close of $8.38.

Companhia de Saneamento Basico do Estado de S o Paulo-SABESP provides basic and environmental sanitation services; and supplies treated water on a wholesale basis to residential, commercial, industrial, and municipal customers in the State of S o Paulo. Companhia De Saneamento Basico Do Estado De has a market cap of $5.8 billion and is part of the utilities industry. Shares are down 39.8% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Companhia De Saneamento Basico Do Estado De a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Companhia De Saneamento Basico Do Estado De as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Companhia De Saneamento Basico Do Estado De 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, OGE Energy ( OGE) is up $0.28 (0.8%) to $35.05 on light volume. Thus far, 192,427 shares of OGE Energy exchanged hands as compared to its average daily volume of 754,500 shares. The stock has ranged in price between $34.45-$35.05 after having opened the day at $34.79 as compared to the previous trading day's close of $34.77.

OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. OGE Energy has a market cap of $7.0 billion and is part of the utilities industry. Shares are up 23.5% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate OGE Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates OGE Energy as a buy. Among the primary strengths of the company is its solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full OGE 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, TransCanada ( TRP) is up $0.39 (0.9%) to $43.66 on light volume. Thus far, 181,863 shares of TransCanada exchanged hands as compared to its average daily volume of 615,600 shares. The stock has ranged in price between $43.23-$43.66 after having opened the day at $43.41 as compared to the previous trading day's close of $43.27.

TransCanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Oil Pipelines, and Energy. TransCanada has a market cap of $30.8 billion and is part of the utilities industry. Shares are down 8.6% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate TransCanada a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates TransCanada as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full TransCanada 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 5 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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