American Electric Power Co Inc (AEP): 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.

American Electric Power ( AEP) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.2%. By the end of trading, American Electric Power rose $1.06 (2.0%) to $54.44 on heavy volume. Throughout the day, 4,676,805 shares of American Electric Power exchanged hands as compared to its average daily volume of 3,012,200 shares. The stock ranged in a price between $53.60-$54.52 after having opened the day at $53.66 as compared to the previous trading day's close of $53.38. Other companies within the Utilities sector that increased today were: Pepco Holdings ( POM), up 5.7%, Transportadora de Gas del Sur ( TGS), up 5.1%, Energy Company of Minas Gerais ( CIG), up 2.5% and RGC Resources ( RGCO), up 2.3%.

American Electric Power Company, Inc., a public utility holding company, is engaged in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. American Electric Power has a market cap of $25.5 billion and is part of the utilities industry. The company has a P/E ratio of 16.5, below the S&P 500 P/E ratio of 17.7. Shares are up 14.2% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate American Electric Power a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates American Electric Power 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, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Ocean Power Technologies ( OPTT), down 7.4%, Siemens ( SI), down 2.6%, Pattern Energy Group ( PEGI), down 2.5% and GreenHunter Resources ( GRH), down 1.9%.

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

Facebook Stock Set for Biggest Gain in Two Years After Q1 Earnings Top Forecasts

Facebook Stock Set for Biggest Gain in Two Years After Q1 Earnings Top Forecasts

Facebook, Amazon, Microsoft and Ford - 5 Things You Must Know

Facebook, Amazon, Microsoft and Ford - 5 Things You Must Know

Let the Najarian Brothers Crash-Proof Portfolio

Let the Najarian Brothers Crash-Proof Portfolio

Global Stocks Mixed, U.S. Futures Soften as Earnings, Oil, Rates Cloud Sentiment

Global Stocks Mixed, U.S. Futures Soften as Earnings, Oil, Rates Cloud Sentiment

Let the Najarian Brothers Help You Generate Income With Options

Let the Najarian Brothers Help You Generate Income With Options