3 Utilities Stocks On The Rise

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 27 points (-0.2%) at 15,858 as of Tuesday, Dec. 17, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 997 issues advancing vs. 1,953 declining with 153 unchanged.

The Utilities sector currently sits down 0.3% versus the S&P 500, which is down 0.5%. A company within the sector that increased today was Centrais Eletricas Brasileiras ( EBR.B), up 1.3%. A company within the sector that fell today was Siemens ( SI), up 0.8%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3. CPFL Energy ( CPL) is one of the companies pushing the Utilities sector higher today. As of noon trading, CPFL Energy is up $0.15 (0.9%) to $16.22 on average volume. Thus far, 129,995 shares of CPFL Energy exchanged hands as compared to its average daily volume of 335,600 shares. The stock has ranged in price between $15.95-$16.23 after having opened the day at $15.98 as compared to the previous trading day's close of $16.07.

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 $7.8 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 23.3% year to date as of the close of trading on Monday. 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. The company's strongest point has been its expanding profit margins. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow. Get the full CPFL Energy 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, Companhia De Saneamento Basico Do Estado De ( SBS) is up $0.12 (1.1%) to $10.57 on average volume. Thus far, 1.3 million shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $10.45-$10.71 after having opened the day at $10.47 as compared to the previous trading day's close of $10.45.

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 $7.0 billion and is part of the utilities industry. The company has a P/E ratio of 7.5, below the S&P 500 P/E ratio of 17.7. Shares are down 25.0% year to date as of the close of trading on Monday. 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.

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, American Water Works ( AWK) is up $0.45 (1.1%) to $41.41 on average volume. Thus far, 338,867 shares of American Water Works exchanged hands as compared to its average daily volume of 769,800 shares. The stock has ranged in price between $40.82-$41.58 after having opened the day at $40.92 as compared to the previous trading day's close of $40.96.

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States and Canada. The company's Regulated Businesses segment offers water and wastewater services to approximately 1,500 communities in 16 states. American Water Works has a market cap of $7.3 billion and is part of the utilities industry. The company has a P/E ratio of 20.0, above the S&P 500 P/E ratio of 17.7. Shares are up 10.3% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate American Water Works a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates American Water Works as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins 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 American Water Works 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 3 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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