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.American Electric Power ( AEP) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.4%. By the end of trading, American Electric Power rose $0.70 (1.7%) to $42.62 on average volume. Throughout the day, 4,827,771 shares of American Electric Power exchanged hands as compared to its average daily volume of 3,352,800 shares. The stock ranged in a price between $42.05-$42.90 after having opened the day at $42.10 as compared to the previous trading day's close of $41.92. Other companies within the Utilities sector that increased today were: Huaneng Power International ( HNP), up 4.1%, Pure Cycle Corporation ( PCYO), up 3.1%, Cadiz ( CDZI), up 3.1% and NRG Energy ( NRG), up 3.0%.
Formerly known as the Ohio Power Company. Electric utility. Subs include Appalachain Power Company, and Ohio Power. Operates coal mines as well. In 2000 acquired Central & South West Corp. Set Energy - Type of Energy Company: Utility. American Electric Power has a market cap of $20.5 billion and is part of the utilities industry. Shares are down 1.1% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate American Electric Power a buy, no analysts rate it a sell, and 9 rate it a hold. TheStreet Ratings rates American Electric Power as a buy. Among the primary strengths of the company is its revenue growth. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.