3 Utilities Stocks On The Rise

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One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 3 points (0.0%) at 16,578 as of Thursday, May 1, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,778 issues advancing vs. 1,187 declining with 180 unchanged.

The Utilities sector currently is unchanged today versus the S&P 500, which is up 0.1%.

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

3. NRG Energy ( NRG) is one of the companies pushing the Utilities sector higher today. As of noon trading, NRG Energy is up $0.63 (1.9%) to $33.35 on average volume. Thus far, 1.6 million shares of NRG Energy exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $32.83-$33.37 after having opened the day at $32.83 as compared to the previous trading day's close of $32.72.

NRG Energy, Inc., together with its subsidiaries, operates as a power and energy company. The company is engaged in the ownership and operation of power generation facilities. NRG Energy has a market cap of $10.7 billion and is part of the utilities industry. Shares are up 13.9% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate NRG Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NRG Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full NRG Energy Ratings Report now.

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