FirstEnergy Corp (FE): 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.

FirstEnergy ( FE) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.6%. By the end of trading, FirstEnergy rose $0.48 (1.3%) to $36.93 on average volume. Throughout the day, 3,217,415 shares of FirstEnergy exchanged hands as compared to its average daily volume of 3,120,100 shares. The stock ranged in a price between $36.62-$37.18 after having opened the day at $36.75 as compared to the previous trading day's close of $36.45. Other companies within the Utilities sector that increased today were: GreenHunter Resources ( GRH), up 29.6%, Atlantic Power Corporation ( AT), up 7.0%, Clean Energy Fuels Corporation ( CLNE), up 6.4% and NRG Yield ( NYLD), up 4.7%.

FirstEnergy Corp., a diversified energy holding company, engages in the generation, transmission, and distribution of electricity in the United States. The company operates in Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. FirstEnergy has a market cap of $15.6 billion and is part of the utilities industry. Shares are down 10.4% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates FirstEnergy a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates FirstEnergy as a hold. The company's strongest point has been its expanding profit margins. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.

On the negative front, Beacon Power ( BCON), down 12.5%, Cadiz ( CDZI), down 2.7%, Middlesex Water Company ( MSEX), down 1.6% and Fuelcell Energy ( FCEL), down 1.6%.

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).

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