Dominion Resources Inc (D): Today's Featured Utilities Laggard

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.

Dominion Resources ( D) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day down 1.5%. By the end of trading, Dominion Resources fell $0.79 (-1.2%) to $67.12 on average volume. Throughout the day, 3,089,586 shares of Dominion Resources exchanged hands as compared to its average daily volume of 2,613,300 shares. The stock ranged in price between $66.92-$68.86 after having opened the day at $67.96 as compared to the previous trading day's close of $67.91. Other companies within the Utilities sector that declined today were: Atlantic Power Corporation ( AT), down 8.3%, Cosan ( CZZ), down 5.4%, Companhia De Saneamento Basico Do Estado De ( SBS), down 5.2% and U.S. Geothermal ( HTM), down 4.8%.

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 $38.9 billion and is part of the utilities industry. The company has a P/E ratio of 62.1, above the S&P 500 P/E ratio of 17.7. Shares are up 5.0% year to date as of the close of trading on Friday. Currently there are 9 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 solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, GreenHunter Resources ( GRH), up 3.8%, Southcross Energy Partners ( SXE), up 3.2%, Niska Gas Storage Partners ( NKA), up 2.3% and RGC Resources ( RGCO), up 1.9%.

For investors not wanting singular stock exposure, 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).

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 liked this article you might like

Cramer: How Picking Stocks Is Like Fantasy Football

South Carolina-Owned Santee Cooper Receives Acquisition Interest

Pipeline Companies Are Feuding With The Steel Industry Over Upcoming Commerce Department Report