PG&E Corp (PCG): Today's Featured Utilities Laggard

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PG&E ( PCG) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day up 0.1%. By the end of trading, PG&E fell $1.75 (-4.0%) to $41.89 on heavy volume. Throughout the day, 12,597,781 shares of PG&E exchanged hands as compared to its average daily volume of 2,748,900 shares. The stock ranged in price between $41.57-$42.57 after having opened the day at $41.90 as compared to the previous trading day's close of $43.64. Other companies within the Utilities sector that declined today were: Fuelcell Energy ( FCEL), down 5.4%, U.S. Geothermal ( HTM), down 4.0%, Delta Natural Gas Company ( DGAS), down 3.5% and Empresa Distribuidora y Comercializadora No ( EDN), down 3.2%.

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 $20.3 billion and is part of the utilities industry. Shares are up 8.3% year to date as of the close of trading on Thursday. Currently there are 7 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 buy. 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. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Clean Energy Fuels Corporation ( CLNE), up 3.6%, Ormat Technologies ( ORA), up 3.3%, CPFL Energy ( CPL), up 3.1% and ForceField Energy ( FNRG), up 2.8% , were all gainers within the utilities sector with FirstEnergy ( FE) 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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