PG&E Corp (PCG): 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.

PG&E ( PCG) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day down 0.5%. By the end of trading, PG&E fell $0.55 (-1.2%) to $44.31 on average volume. Throughout the day, 4,275,383 shares of PG&E exchanged hands as compared to its average daily volume of 3,009,200 shares. The stock ranged in price between $44.27-$44.89 after having opened the day at $44.77 as compared to the previous trading day's close of $44.86. Other companies within the Utilities sector that declined today were: American DG Energy ( ADGE), down 10.6%, ForceField Energy ( FNRG), down 5.1%, U S Geothermal ( HTM), down 3.6% and Fuelcell Energy ( FCEL), 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 $20.6 billion and is part of the utilities industry. The company has a P/E ratio of 25.2, above the S&P 500 P/E ratio of 17.7. Shares are up 11.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate PG&E a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates PG&E as a buy. Among the primary strengths of the company is its revenue growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Pattern Energy Group ( PEGI), up 4.2%, Energy Company of Parana ( ELP), up 3.7%, CPFL Energy ( CPL), up 3.2% and Transportadora de Gas del Sur ( TGS), up 2.4% , 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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