American Electric Power Co Inc (AEP): 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.

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.

On the negative front, GreenHunter Resources ( GRH), down 4.3%, PVR Partners ( PVR), down 4.0%, Companhia De Saneamento Basico Do Estado De ( SBS), down 2.5% and Ocean Power Technologies ( OPTT), down 2.3%.

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.
null

If you liked this article you might like

Duke Energy, Dominion, AT&T: 'Mad Money' Lightning Round

Duke Energy, Dominion, AT&T: 'Mad Money' Lightning Round

Buy Gradually on the Way Down: Cramer's 'Mad Money' Recap (Tuesday 1/30/18)

Buy Gradually on the Way Down: Cramer's 'Mad Money' Recap (Tuesday 1/30/18)

Get Ready for Volatility Now: Cramer's 'Mad Money' Recap (Monday 1/29/18)

Get Ready for Volatility Now: Cramer's 'Mad Money' Recap (Monday 1/29/18)

The President Must Show 'America First' Isn't 'America Alone': Market Recon

The President Must Show 'America First' Isn't 'America Alone': Market Recon

Splunk, Southern Company, LAM Research: 'Mad Money' Lightning Round

Splunk, Southern Company, LAM Research: 'Mad Money' Lightning Round