4 Stocks Pushing The Utilities Sector Downward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 22 points (-0.1%) at 16,065 as of Monday, Dec. 2, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,883 declining with 116 unchanged.

The Utilities sector currently sits down 0.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR.B), down 1.8%, Energy Company of Minas Gerais ( CIG), down 1.1%, Huaneng Power International Inc. ADR repr C ( HNP), down 0.7% and PPL ( PPL), down 0.5%. A company within the sector that increased today was UGI Corporation ( UGI), up 1.5%.

TheStreet would like to highlight 4 stocks pushing the sector lower today:

4. CPFL Energy ( CPL) is one of the companies pushing the Utilities sector lower today. As of noon trading, CPFL Energy is down $0.32 (-1.9%) to $16.25 on average volume. Thus far, 248,751 shares of CPFL Energy exchanged hands as compared to its average daily volume of 332,600 shares. The stock has ranged in price between $16.16-$16.38 after having opened the day at $16.37 as compared to the previous trading day's close of $16.57.

CPFL Energia S.A., through its subsidiaries, distributes, generates, and commercializes electricity in Brazil. The company operates in five segments: Distribution, Conventional Generation Sources, Renewable Generation Sources, Commercialization, and Services. CPFL Energy has a market cap of $8.0 billion and is part of the utilities industry. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7. Shares are down 20.9% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates CPFL Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates CPFL Energy as a hold. Among the primary strengths of the company is its growth in net income. At the same time, however, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full CPFL Energy Ratings Report now.

STOCKS TO BUY: 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 down $0.21 (-2.0%) to $10.44 on light volume. Thus far, 663,530 shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $10.44-$10.62 after having opened the day at $10.50 as compared to the previous trading day's close of $10.65.

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 $7.2 billion and is part of the utilities industry. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7. Shares are down 23.5% year to date as of the close of trading on Friday. 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 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 lackluster performance in the stock itself. Get the full Companhia De Saneamento Basico Do Estado De Ratings Report now.

STOCKS TO BUY: 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, Praxair ( PX) is down $1.26 (-1.0%) to $125.00 on average volume. Thus far, 443,421 shares of Praxair exchanged hands as compared to its average daily volume of 901,900 shares. The stock has ranged in price between $124.65-$127.38 after having opened the day at $126.11 as compared to the previous trading day's close of $126.26.

Praxair, Inc. engages in the production, distribution, and sale atmospheric and process gases, as well as surface coatings in North America, Europe, South America, and Asia. Praxair has a market cap of $37.3 billion and is part of the chemicals industry. The company has a P/E ratio of 22.4, above the S&P 500 P/E ratio of 17.7. Shares are up 15.7% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Praxair a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Praxair as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, growth in earnings per share and increase in stock price during the past year. 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 Praxair Ratings Report now.

STOCKS TO BUY: 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, Dominion Resources ( D) is down $0.44 (-0.7%) to $64.47 on average volume. Thus far, 1.2 million shares of Dominion Resources exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $63.76-$64.88 after having opened the day at $64.80 as compared to the previous trading day's close of $64.91.

Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. Dominion Resources has a market cap of $37.8 billion and is part of the utilities industry. The company has a P/E ratio of 60.2, above the S&P 500 P/E ratio of 17.7. Shares are up 25.6% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Dominion Resources a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Dominion Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in net income, good cash flow from operations and increase in stock price during the past year. 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 Dominion Resources Ratings Report now.

STOCKS TO BUY: 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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