5 Stocks Dragging 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.

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%. 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%. 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%.

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

5. Public Service Enterprise Group ( PEG) is one of the companies pushing the Utilities sector lower today. As of noon trading, Public Service Enterprise Group is down $0.56 (-1.7%) to $32.12 on average volume. Thus far, 1.4 million shares of Public Service Enterprise Group exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $32.09-$32.71 after having opened the day at $32.71 as compared to the previous trading day's close of $32.68.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the northeastern and mid Atlantic United States. Public Service Enterprise Group has a market cap of $16.6 billion and is part of the utilities industry. The company has a P/E ratio of 13.2, below the S&P 500 P/E ratio of 17.7. Shares are up 6.8% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Public Service Enterprise Group a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Public Service Enterprise Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Public Service Enterprise Group 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.

4. As of noon trading, PG&E ( PCG) is down $0.35 (-0.9%) to $40.36 on average volume. Thus far, 1.5 million shares of PG&E exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $40.05-$40.66 after having opened the day at $40.66 as compared to the previous trading day's close of $40.71.

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company (Utility), transmits, delivers, and sells electricity and natural gas to customers primarily in northern and central California. The Utility provides services to approximately 15 million people. PG&E has a market cap of $18.3 billion and is part of the utilities industry. The company has a P/E ratio of 25.3, above the S&P 500 P/E ratio of 17.7. Shares are up 1.5% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate PG&E a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates PG&E as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full PG&E 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, PPL ( PPL) is down $0.43 (-1.4%) to $30.42 on light volume. Thus far, 1.7 million shares of PPL exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $30.40-$30.84 after having opened the day at $30.81 as compared to the previous trading day's close of $30.85.

PPL Corporation, an energy and utility holding company, engages in the generation, transmission, distribution, and sale of electricity to wholesale and retail customers in the United States and the United Kingdom. The company operates in four segments: Kentucky Regulated, U.K. PPL has a market cap of $19.4 billion and is part of the utilities industry. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 7.8% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate PPL a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates PPL 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, expanding profit margins and attractive valuation levels. 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 PPL 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, American Electric Power ( AEP) is down $0.27 (-0.6%) to $46.59 on average volume. Thus far, 1.4 million shares of American Electric Power exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $46.48-$46.82 after having opened the day at $46.72 as compared to the previous trading day's close of $46.86.

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electric power to retail customers. The company generates electricity using coal and lignite, natural gas, nuclear energy, and hydroelectric energy. American Electric Power has a market cap of $22.8 billion and is part of the utilities industry. The company has a P/E ratio of 19.7, above the S&P 500 P/E ratio of 17.7. Shares are up 9.8% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate American Electric Power a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates American Electric Power as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, increase in stock price during the past year and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full American Electric Power 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, Exelon ( EXC) is down $0.34 (-1.2%) to $27.36 on light volume. Thus far, 2.8 million shares of Exelon exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $27.12-$27.70 after having opened the day at $27.68 as compared to the previous trading day's close of $27.70.

Exelon Corporation, a utility services holding company, engages in the energy generation and distribution business in the United States. Exelon has a market cap of $23.5 billion and is part of the utilities industry. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are down 6.8% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Exelon a buy, 3 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Exelon as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full Exelon 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 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).

null

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists