Today's Stocks Driving Success For 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 42 points (-0.3%) at 15,847 as of Thursday, Dec. 5, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 971 issues advancing vs. 1,916 declining with 131 unchanged.

The Utilities sector currently sits down 0.2% versus the S&P 500, which is down 0.4%. Top gainers within the sector include Centrais Eletricas Brasileiras ( EBR), up 5.0%, CPFL Energy ( CPL), up 2.5% and Huaneng Power International Inc. ADR repr C ( HNP), up 0.8%. On the negative front, top decliners within the sector include Korea Electric Power ( KEP), down 2.5%, ONEOK ( OKE), down 1.7%, Edison International ( EIX), down 1.4% and Dominion Resources ( D), down 0.9%.

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

4. Empresa Nacional de Electricidad ( EOC) is one of the companies pushing the Utilities sector higher today. As of noon trading, Empresa Nacional de Electricidad is up $0.42 (1.0%) to $43.79 on light volume. Thus far, 11,833 shares of Empresa Nacional de Electricidad exchanged hands as compared to its average daily volume of 96,000 shares. The stock has ranged in price between $43.21-$43.86 after having opened the day at $43.21 as compared to the previous trading day's close of $43.37.

Empresa Nacional de Electricidad S.A., an electricity utility company, engages in the generation and transmission of electricity in Chile, Argentina, Brazil, Colombia, and Peru. It produces electricity through hydroelectric, thermal, and wind power sources. Empresa Nacional de Electricidad has a market cap of $11.8 billion and is part of the utilities industry. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7. Shares are down 11.2% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Empresa Nacional de Electricidad a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Empresa Nacional de Electricidad as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Empresa Nacional de Electricidad 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, Enersis ( ENI) is up $0.16 (1.1%) to $15.16 on light volume. Thus far, 152,794 shares of Enersis exchanged hands as compared to its average daily volume of 525,500 shares. The stock has ranged in price between $15.03-$15.26 after having opened the day at $15.05 as compared to the previous trading day's close of $15.00.

Enersis S.A., an electric utility company, through its subsidiaries and jointly-controlled entities, engages in the electricity generation, transmission, and distribution businesses in Chile, Brazil, Colombia, Peru, and Argentina. Enersis has a market cap of $9.9 billion and is part of the utilities industry. The company has a P/E ratio of 12.6, below the S&P 500 P/E ratio of 17.7. Shares are down 17.7% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Enersis a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enersis as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including unimpressive growth in net income and a generally disappointing performance in the stock itself. Get the full Enersis 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, Energy Company of Minas Gerais ( CIG) is up $0.11 (1.4%) to $8.06 on light volume. Thus far, 751,952 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 $7.97-$8.10 after having opened the day at $7.99 as compared to the previous trading day's close of $7.95.

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 $7.8 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 17.4% year to date as of the close of trading on Wednesday. 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 unimpressive growth in net income, poor profit margins, generally disappointing historical performance in the stock itself 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.

1. As of noon trading, EQT ( EQT) is up $1.29 (1.5%) to $84.81 on average volume. Thus far, 604,680 shares of EQT exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $83.04-$85.29 after having opened the day at $83.49 as compared to the previous trading day's close of $83.52.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates in three segments: EQT Production, EQT Midstream, and Distribution. EQT has a market cap of $12.6 billion and is part of the utilities industry. The company has a P/E ratio of 39.0, above the S&P 500 P/E ratio of 17.7. Shares are up 41.6% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate EQT a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, compelling growth in net income and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full EQT 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 4 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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