Sempra Energy (SRE): 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.

Sempra Energy ( SRE) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day up 0.3%. By the end of trading, Sempra Energy fell $1.07 (-1.1%) to $92.43 on heavy volume. Throughout the day, 2,603,564 shares of Sempra Energy exchanged hands as compared to its average daily volume of 1,192,200 shares. The stock 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. Other companies within the Utilities sector that declined today were: Companhia De Saneamento Basico Do Estado De ( SBS), down 5.9%, American DG Energy ( ADGE), down 3.2%, U.S. Geothermal ( HTM), down 3.2% and CPFL Energy ( CPL), down 3.0%.

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.

On the positive front, Ocean Power Technologies ( OPTT), up 32.5%, GreenHunter Resources ( GRH), up 3.8%, Cheniere Energy Partners LP Holdings ( CQH), up 3.5% and Fuelcell Energy ( FCEL), up 3.4% , were all gainers within the utilities sector with PG&E ( PCG) being today's featured utilities sector leader.

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.

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