PPL Corp (PPL): Today's Featured Utilities Laggard

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 lower today making it today's featured Utilities laggard. The sector as a whole closed the day up 0.4%. By the end of trading, PPL fell $0.35 (-1.1%) to $32.42 on average volume. Throughout the day, 5,091,391 shares of PPL exchanged hands as compared to its average daily volume of 4,345,300 shares. The stock ranged in price between $32.41-$32.79 after having opened the day at $32.79 as compared to the previous trading day's close of $32.77. Another company within the Utilities sector that decreased today was Hawaiian Electric Industries ( HE), down 4.0%.

PPL Corporation, an energy and utility holding company, generates, transmits, distributes, and sells electricity to wholesale and retail customers in the Pennsylvania, Kentucky, Virginia, Tennessee, and the United Kingdom. The company operates in four segments: Kentucky Regulated, U.K. PPL has a market cap of $20.9 billion and is part of the utilities industry. Shares are up 8.9% year to date as of the close of trading on Tuesday. 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, increase in stock price during the past year and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Centrais Eletricas Brasileiras ( EBR.B), up 5.9%, Centrais Eletricas Brasileiras ( EBR), up 5.4%, Energy Company of Minas Gerais ( CIG), up 4.5% and Empresa Distribuidora y Comercializadora No ( EDN), up 4.2% , were all gainers within the utilities sector with NRG Energy ( NRG) 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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