4 Stocks Pushing The Utilities Sector Higher

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 56 points (-0.3%) at 15,939 as of Wednesday, Feb. 12, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,598 issues advancing vs. 1,323 declining with 154 unchanged.

The Utilities sector currently sits up 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Energy Company of Minas Gerais ( CIG), up 1.6%, EQT ( EQT), up 0.8% and NextEra Energy ( NEE), up 0.5%. On the negative front, top decliners within the sector include Companhia De Saneamento Basico Do Estado De ( SBS), down 4.6%, and CPFL Energy ( CPL), down 2.1%.

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

4. Enersis ( ENI) is one of the companies pushing the Utilities sector higher today. As of noon trading, Enersis is up $0.27 (1.9%) to $14.30 on average volume. Thus far, 355,480 shares of Enersis exchanged hands as compared to its average daily volume of 621,800 shares. The stock has ranged in price between $14.14-$14.37 after having opened the day at $14.14 as compared to the previous trading day's close of $14.03.

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 $8.9 billion and is part of the utilities industry. Shares are down 6.4% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Enersis a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Enersis as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and weak operating cash flow. Get the full Enersis Ratings Report now.

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3. As of noon trading, TransCanada ( TRP) is up $0.39 (0.9%) to $44.76 on light volume. Thus far, 110,863 shares of TransCanada exchanged hands as compared to its average daily volume of 535,600 shares. The stock has ranged in price between $44.33-$44.82 after having opened the day at $44.52 as compared to the previous trading day's close of $44.37.

TransCanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Oil Pipelines, and Energy. TransCanada has a market cap of $31.2 billion and is part of the utilities industry. Shares are down 2.8% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate TransCanada a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates TransCanada as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, reasonable valuation levels, expanding profit margins and good cash flow from operations. 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 TransCanada 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, Entergy ( ETR) is up $0.75 (1.2%) to $63.33 on average volume. Thus far, 1.0 million shares of Entergy exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $62.53-$63.66 after having opened the day at $62.74 as compared to the previous trading day's close of $62.58.

Entergy Corporation, together with its subsidiaries, engages in the electric power production and retail electric distribution operations in the United States. The company generates electricity through various sources, such as gas/oil, nuclear, coal, and hydro power. Entergy has a market cap of $11.3 billion and is part of the utilities industry. Shares are down 1.1% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Entergy a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Entergy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Entergy 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, PG&E ( PCG) is up $0.51 (1.2%) to $42.95 on average volume. Thus far, 1.2 million shares of PG&E exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $42.37-$42.98 after having opened the day at $42.50 as compared to the previous trading day's close of $42.44.

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 $19.0 billion and is part of the utilities industry. Shares are up 5.4% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate PG&E a buy, no analysts rate it a sell, and 6 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 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, deteriorating net income and poor profit margins. Get the full PG&E 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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