SRE, ED And EXC, 3 Utilities Stocks Pushing The Sector Lower

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%. 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%. 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%.

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

3. Sempra Energy ( SRE) is one of the companies pushing the Utilities sector lower today. As of noon trading, Sempra Energy is down $0.78 (-0.8%) to $92.72 on heavy volume. Thus far, 1.0 million shares of Sempra Energy exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $92.11-$93.45 after having opened the day at $92.91 as compared to the previous trading day's close of $93.50.

Sempra Energy, through its subsidiaries, operates as an energy services company. The company's San Diego Gas & Electric Company segment is involved in the generation, transmission, and distribution electricity; and sale, distribution, and transportation of natural gas in California. Sempra Energy has a market cap of $22.7 billion and is part of the utilities industry. Shares are up 4.2% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Sempra Energy a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Sempra Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and increase in net income. 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 Sempra Energy 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, Consolidated Edison ( ED) is down $0.39 (-0.7%) to $54.04 on average volume. Thus far, 786,356 shares of Consolidated Edison exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $53.81-$54.30 after having opened the day at $54.30 as compared to the previous trading day's close of $54.43.

Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses. Consolidated Edison has a market cap of $15.7 billion and is part of the utilities industry. Shares are down 1.5% year-to-date as of the close of trading on Tuesday. Currently there are no analysts that rate Consolidated Edison a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Consolidated Edison as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, growth in earnings per share and increase in net income. 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 Consolidated Edison 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 $0.12 (-0.4%) to $29.04 on light volume. Thus far, 2.0 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 $28.79-$29.17 after having opened the day at $29.16 as compared to the previous trading day's close of $29.16.

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 $25.2 billion and is part of the utilities industry. Shares are up 7.6% year-to-date as of the close of trading on Tuesday. Currently there are no analysts that rate Exelon a buy, 4 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Exelon as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income 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

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Apple Shares Gain as U.S. and China Call Off Trade War, For Now

Apple Shares Gain as U.S. and China Call Off Trade War, For Now

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

Treasury Secretary Mnuchin: 'Take the Over' on U.S. GDP Topping 3% This Year

Treasury Secretary Mnuchin: 'Take the Over' on U.S. GDP Topping 3% This Year

Video: Why the Stock Market Is Discounting China Trade Fears for Now

Video: Why the Stock Market Is Discounting China Trade Fears for Now