3 Stocks Pushing The Utilities Sector Higher

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 76 points (0.5%) at 16,332 as of Wednesday, April 9, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,886 issues advancing vs. 1,057 declining with 161 unchanged.

The Utilities sector currently sits down 0.6% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR), down 8.1%, Centrais Eletricas Brasileiras ( EBR.B), down 6.9%, Energy Company of Minas Gerais ( CIG), down 3.1%, FirstEnergy ( FE), down 2.1% and PG&E ( PCG), down 1.7%.

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

3. Korea Electric Power ( KEP) is one of the companies pushing the Utilities sector higher today. As of noon trading, Korea Electric Power is up $0.74 (4.1%) to $18.69 on heavy volume. Thus far, 236,166 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 242,900 shares. The stock has ranged in price between $18.63-$18.81 after having opened the day at $18.70 as compared to the previous trading day's close of $17.95.

Energy Fuels Inc. is engaged in the exploration, development, and production of uranium and vanadium properties in the United States. Korea Electric Power has a market cap of $22.1 billion and is part of the utilities industry. Shares are up 8.1% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Korea Electric Power a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Korea Electric Power as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally higher debt management risk. Get the full Korea Electric Power Ratings Report now.

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2. As of noon trading, EQT ( EQT) is up $1.16 (1.1%) to $104.00 on average volume. Thus far, 924,084 shares of EQT exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $102.51-$104.12 after having opened the day at $102.85 as compared to the previous trading day's close of $102.84.

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 $15.4 billion and is part of the energy industry. Shares are up 14.6% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full EQT Ratings Report now.

3x UPSIDE POTENTIAL: 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, Praxair ( PX) is up $1.79 (1.4%) to $130.00 on average volume. Thus far, 591,545 shares of Praxair exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $127.76-$130.27 after having opened the day at $127.76 as compared to the previous trading day's close of $128.21.

Praxair, Inc. produces, sells, and distributes atmospheric, process, and specialty gases, as well as surface coatings in North America, Europe, South America, and Asia. Praxair has a market cap of $37.4 billion and is part of the chemicals industry. Shares are down 1.4% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate Praxair a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Praxair as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Praxair Ratings Report now.

3x UPSIDE POTENTIAL: 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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