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 down 0.2%. By the end of trading, PPL rose $0.47 (1.5%) to $31.84 on average volume. Throughout the day, 5,058,889 shares of PPL exchanged hands as compared to its average daily volume of 3,932,800 shares. The stock ranged in a price between $31.19-$31.84 after having opened the day at $31.32 as compared to the previous trading day's close of $31.37. Other companies within the Utilities sector that increased today were: Fuelcell Energy ( FCEL), up 18.1%, Cheniere Energy Partners LP Holdings ( CQH), up 4.7%, GreenHunter Resources ( GRH), up 3.9% and Clean Energy Fuels Corporation ( CLNE), up 3.9%.

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 $20.2 billion and is part of the utilities industry. Shares are up 6.3% 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 6 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, Energy Company of Minas Gerais ( CIG), down 5.2%, Centrais Eletricas Brasileiras ( EBR), down 5.1%, Energy Company of Parana ( ELP), down 5.0% and Centrais Eletricas Brasileiras ( EBR.B), down 4.8%.

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

Dow Sinks for Eighth Straight Session; Intel's CEO Departs -- ICYMI

Dow Sinks for Eighth Straight Session; Intel's CEO Departs -- ICYMI

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

U.S. Banks Pass Fed 'Stress Test' With Room for Dividends, Buybacks

U.S. Banks Pass Fed 'Stress Test' With Room for Dividends, Buybacks

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins