PPL Corp (PPL): 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.

PPL ( PPL) 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, PPL rose $0.34 (1.1%) to $32.30 on average volume. Throughout the day, 3,259,693 shares of PPL exchanged hands as compared to its average daily volume of 3,967,300 shares. The stock ranged in a price between $32.02-$32.32 after having opened the day at $32.10 as compared to the previous trading day's close of $31.96. Other companies within the Utilities sector that increased today were: Delta Natural Gas Company ( DGAS), up 4.6%, Atlantic Power Corporation ( AT), up 3.6%, Atlas Energy ( ATLS), up 3.4% and Northwest Natural Gas ( NWN), up 2.7%.

PPL Corporation, an energy and utility holding company, engages in the generation, transmission, distribution, and sale of electricity to wholesale and retail customers in the United States and the United Kingdom. The company operates in four segments: Kentucky Regulated, U.K. PPL has a market cap of $20.3 billion and is part of the utilities industry. Shares are up 6.2% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate PPL a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates PPL as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Clean Energy Fuels Corporation ( CLNE), down 13.7%, Companhia De Saneamento Basico Do Estado De ( SBS), down 3.9%, Gas Natural ( EGAS), down 3.7% and Pure Cycle Corporation ( PCYO), down 3.0%.

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.

More from Markets

U.S. Crude Oil Hits Fresh 3-Year Highs as Gasoline Heads to $3 a Gallon

U.S. Crude Oil Hits Fresh 3-Year Highs as Gasoline Heads to $3 a Gallon

Stocks Waver Amid Progress on U.S.-China Trade; Dow Slips

Stocks Waver Amid Progress on U.S.-China Trade; Dow Slips

Jim Cramer: Schlumberger Predicted the Rise in Oil Prices

Jim Cramer: Schlumberger Predicted the Rise in Oil Prices

Jim Cramer on Zillow's New Business: Buying and Selling Homes

Jim Cramer on Zillow's New Business: Buying and Selling Homes

Jim Cramer on the Markets: It's Natural to Have Some Profit Taking

Jim Cramer on the Markets: It's Natural to Have Some Profit Taking