Duke Energy Corporation (DUK): Today's Featured Utilities Winner

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.

Duke Energy Corporation ( DUK) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.2%. By the end of trading, Duke Energy Corporation rose $0.75 (1.1%) to $70.74 on average volume. Throughout the day, 3,031,859 shares of Duke Energy Corporation exchanged hands as compared to its average daily volume of 3,104,000 shares. The stock ranged in a price between $69.52-$70.84 after having opened the day at $69.87 as compared to the previous trading day's close of $69.99. Other companies within the Utilities sector that increased today were: Consolidated Water Company ( CWCO), up 4.3%, Fuelcell Energy ( FCEL), up 3.2%, Summit Midstream Partners ( SMLP), up 3.0% and Cadiz ( CDZI), up 2.7%.

Duke Energy Corporation operates as an energy company in the United States and Latin America. The company operates in three segments: U.S. Franchised Electric and Gas, Commercial Power, and International Energy. The U.S. Duke Energy Corporation has a market cap of $49.4 billion and is part of the utilities industry. Shares are up 1.4% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Duke Energy Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Duke Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, expanding profit margins, good cash flow from operations, growth in earnings per share 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.

On the negative front, Niska Gas Storage Partners ( NKA), down 8.3%, Empresa Distribuidora y Comercializadora No ( EDN), down 4.8%, Centrais Eletricas Brasileiras ( EBR.B), down 4.4% and American Midstream Partners ( AMID), down 4.0%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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