5 Stocks Advancing The Utilities Sector

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 31 points (0.2%) at 16,096 as of Monday, Nov. 25, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,434 issues advancing vs. 1,496 declining with 119 unchanged.

The Utilities sector currently sits up 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Empresa Distribuidora y Comercializadora No ( EDN), up 17.3%, Centrais Eletricas Brasileiras ( EBR), up 2.3% and Centrais Eletricas Brasileiras ( EBR.B), up 1.5%. On the negative front, top decliners within the sector include Huaneng Power International Inc. ADR repr C ( HNP), down 1.2%, and Empresa Nacional de Electricidad ( EOC), down 0.8%.

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

5. TransCanada ( TRP) is one of the companies pushing the Utilities sector higher today. As of noon trading, TransCanada is up $0.38 (0.8%) to $45.19 on light volume. Thus far, 103,681 shares of TransCanada exchanged hands as compared to its average daily volume of 393,000 shares. The stock has ranged in price between $44.66-$45.24 after having opened the day at $44.77 as compared to the previous trading day's close of $44.81.

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 $31.7 billion and is part of the utilities industry. The company has a P/E ratio of 23.6, above the S&P 500 P/E ratio of 17.7. Shares are down 5.3% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate TransCanada a buy, no analysts rate it a sell, and 2 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, compelling growth in net income, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. 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 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.

4. As of noon trading, Energy Company of Minas Gerais ( CIG) is up $0.13 (1.6%) to $8.50 on light volume. Thus far, 906,811 shares of Energy Company of Minas Gerais exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $8.36-$8.52 after having opened the day at $8.41 as compared to the previous trading day's close of $8.37.

Companhia Energetica de Minas Gerais S.A., through its subsidiaries, engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. Energy Company of Minas Gerais has a market cap of $7.9 billion and is part of the utilities industry. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are down 15.1% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Energy Company of Minas Gerais a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Energy Company of Minas Gerais as a sell. The company's weaknesses can be seen in multiple areas, such as its poor profit margins and feeble growth in its earnings per share. Get the full Energy Company of Minas Gerais 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, Calpine ( CPN) is up $0.22 (1.2%) to $19.18 on average volume. Thus far, 1.2 million shares of Calpine exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $18.91-$19.27 after having opened the day at $19.02 as compared to the previous trading day's close of $18.96.

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines, as well as cogeneration power plants. Calpine has a market cap of $8.3 billion and is part of the utilities industry. The company has a P/E ratio of 41.4, above the S&P 500 P/E ratio of 17.7. Shares are up 4.9% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Calpine a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Calpine as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and feeble growth in its earnings per share. Get the full Calpine 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, ONEOK ( OKE) is up $0.38 (0.6%) to $59.33 on average volume. Thus far, 481,421 shares of ONEOK exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $58.90-$59.51 after having opened the day at $58.96 as compared to the previous trading day's close of $58.95.

ONEOK, Inc. operates as a diversified energy company in the United States. The company operates in three segments: ONEOK Partners, Natural Gas Distribution, and Energy Services. ONEOK has a market cap of $11.9 billion and is part of the utilities industry. The company has a P/E ratio of 42.0, above the S&P 500 P/E ratio of 17.7. Shares are up 37.9% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate ONEOK a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ONEOK as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. 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 ONEOK 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, FirstEnergy ( FE) is up $0.18 (0.5%) to $33.53 on average volume. Thus far, 2.5 million shares of FirstEnergy exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $33.36-$33.64 after having opened the day at $33.45 as compared to the previous trading day's close of $33.35.

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 $14.0 billion and is part of the utilities industry. The company has a P/E ratio of 139.9, above the S&P 500 P/E ratio of 17.7. Shares are down 19.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates FirstEnergy a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates FirstEnergy as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins, generally higher debt management risk and feeble growth in the company's earnings per share. Get the full FirstEnergy 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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