Energy Company Of Minas Gerais (CIG): 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.

Energy Company of Minas Gerais ( CIG) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.8%. By the end of trading, Energy Company of Minas Gerais rose $0.21 (3.8%) to $5.79 on average volume. Throughout the day, 5,165,533 shares of Energy Company of Minas Gerais exchanged hands as compared to its average daily volume of 5,816,800 shares. The stock ranged in a price between $5.58-$5.82 after having opened the day at $5.58 as compared to the previous trading day's close of $5.58. Other companies within the Utilities sector that increased today were: U.S. Geothermal ( HTM), up 20.6%, ForceField Energy ( FNRG), up 15.0%, Huaneng Power International ( HNP), up 6.0% and Consolidated Water Company ( CWCO), up 5.3%.

Companhia Energetica de Minas Gerais S.A., through its subsidiaries, engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. Energy Company of Minas Gerais has a market cap of $6.2 billion and is part of the utilities industry. Shares are down 28.4% year to date as of the close of trading on Monday. Currently there are no analysts that rate Energy Company of Minas Gerais a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Energy Company of Minas Gerais as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

On the negative front, Suburban Propane Partners ( SPH), down 3.4%, GreenHunter Resources ( GRH), down 2.9% and Fuelcell Energy ( FCEL), down 2.5% , were all laggards within the utilities sector with Duke Energy Corporation ( DUK) being today's utilities sector laggard.

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.

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