3 Stocks Pushing The Utilities Sector Downward

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 29 points (-0.2%) at 16,367 as of Wednesday, March 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,229 issues advancing vs. 1,681 declining with 174 unchanged.

The Utilities sector currently sits down 0.4% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR.B), down 2.5%, Empresa Nacional de Electricidad ( EOC), down 1.9%, Huaneng Power International Inc. ADR repr C ( HNP), down 1.6%, Korea Electric Power ( KEP), down 1.2% and Northeast Utilities ( NU), down 0.8%.

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

3. PG&E ( PCG) is one of the companies pushing the Utilities sector lower today. As of noon trading, PG&E is down $0.54 (-1.2%) to $43.38 on light volume. Thus far, 958,005 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 $43.32-$43.88 after having opened the day at $43.84 as compared to the previous trading day's close of $43.91.

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to customers primarily in northern and central California. It serves approximately 15 million customers. PG&E has a market cap of $20.0 billion and is part of the utilities industry. Shares are up 8.3% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that 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, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, poor profit margins and weak operating cash flow. Get the full PG&E 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, EQT ( EQT) is down $1.61 (-1.6%) to $100.36 on light volume. Thus far, 544,820 shares of EQT exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $100.08-$102.13 after having opened the day at $101.73 as compared to the previous trading day's close of $101.97.

EQT Corporation, together with its subsidiaries, operates as a natural gas company in the United States. It operates in two segments, EQT Production and EQT Midstream. EQT has a market cap of $15.2 billion and is part of the energy industry. Shares are up 12.2% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts that rate EQT a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full EQT 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, NextEra Energy ( NEE) is down $0.84 (-0.9%) to $90.82 on light volume. Thus far, 460,628 shares of NextEra Energy exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $90.78-$91.65 after having opened the day at $91.65 as compared to the previous trading day's close of $91.66.

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, and nuclear sources. NextEra Energy has a market cap of $39.3 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 12 analysts that rate NextEra Energy a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates NextEra Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full NextEra 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.

If you are interested in one of these 3 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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