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.

Two out of the three major indices traded up today The three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 118 points (0.7%) at 16,519 as of Wednesday, May 7, 2014, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,991 issues advancing vs. 1,077 declining with 137 unchanged.

The Utilities sector as a whole closed the day up 1.2% versus the S&P 500, which was up 0.6%. Top gainers within the Utilities sector included American DG Energy ( ADGE), up 2.8%, York Water ( YORW), up 1.6%, Connecticut Water Service ( CTWS), up 1.8%, Empresa Distribuidora y Comercializadora No ( EDN), up 3.7% and SJW ( SJW), up 1.5%.

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

Empresa Distribuidora y Comercializadora No ( EDN) is one of the companies that pushed the Utilities sector higher today. Empresa Distribuidora y Comercializadora No was up $0.37 (3.7%) to $10.35 on heavy volume. Throughout the day, 139,597 shares of Empresa Distribuidora y Comercializadora No exchanged hands as compared to its average daily volume of 91,000 shares. The stock ranged in a price between $9.81-$10.45 after having opened the day at $10.00 as compared to the previous trading day's close of $9.98.

Empresa Distribuidora y Comercializadora Norte S.A., a public service company, is engaged in the distribution and sale of electricity in Argentina. Empresa Distribuidora y Comercializadora No has a market cap of $452.8 million and is part of the utilities industry. Shares are up 97.2% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Empresa Distribuidora y Comercializadora No a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Empresa Distribuidora y Comercializadora No as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and generally higher debt management risk.

Highlights from TheStreet Ratings analysis on EDN go as follows:

  • Powered by its strong earnings growth of 65.69% and other important driving factors, this stock has surged by 351.98% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
  • EMPRESA DISTRIBUIDORA Y COM reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. During the past fiscal year, EMPRESA DISTRIBUIDORA Y COM turned its bottom line around by earning $3.47 versus -$4.65 in the prior year.
  • EDN, with its very weak revenue results, has greatly underperformed against the industry average of 8.3%. Since the same quarter one year prior, revenues plummeted by 55.0%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • Even though the current debt-to-equity ratio is 1.15, it is still below the industry average, suggesting that this level of debt is acceptable within the Electric Utilities industry. Despite the fact that EDN's debt-to-equity ratio is mixed in its results, the company's quick ratio of 0.54 is low and demonstrates weak liquidity.
  • Net operating cash flow has decreased to $58.04 million or 30.21% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.

You can view the full analysis from the report here: Empresa Distribuidora y Comercializadora No Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At the close, Connecticut Water Service ( CTWS) was up $0.56 (1.8%) to $32.21 on heavy volume. Throughout the day, 57,554 shares of Connecticut Water Service exchanged hands as compared to its average daily volume of 28,500 shares. The stock ranged in a price between $31.50-$32.36 after having opened the day at $31.75 as compared to the previous trading day's close of $31.65.

Connecticut Water Service, Inc., through its subsidiaries, operates as a regulated water company. The company operates in three segments: Water Activities, Real Estate Transactions, and Services and Rentals. The Water Activities segment supplies public drinking water. Connecticut Water Service has a market cap of $356.2 million and is part of the utilities industry. Shares are down 10.9% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Connecticut Water Service a buy, no analysts rate it a sell, and 1 rates it a hold.

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TheStreet Ratings rates Connecticut Water Service as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.

Highlights from TheStreet Ratings analysis on CTWS go as follows:

  • CTWS's revenue growth has slightly outpaced the industry average of 6.4%. Since the same quarter one year prior, revenues rose by 10.7%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • The debt-to-equity ratio is somewhat low, currently at 0.90, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. To add to this, CTWS has a quick ratio of 1.69, which demonstrates the ability of the company to cover short-term liquidity needs.
  • CONNECTICUT WATER SVC INC has improved earnings per share by 6.3% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, CONNECTICUT WATER SVC INC increased its bottom line by earning $1.66 versus $1.52 in the prior year. This year, the market expects an improvement in earnings ($1.73 versus $1.66).
  • Net operating cash flow has significantly increased by 233.53% to $26.31 million when compared to the same quarter last year. In addition, CONNECTICUT WATER SVC INC has also vastly surpassed the industry average cash flow growth rate of -16.50%.
  • The stock has risen over the past year as investors have generally rewarded the company for its earnings growth and other positive factors like the ones we have cited in this report. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that the other strengths this company displays justify these higher price levels.

You can view the full analysis from the report here: Connecticut Water Service Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

York Water ( YORW) was another company that pushed the Utilities sector higher today. York Water was up $0.30 (1.6%) to $19.66 on heavy volume. Throughout the day, 43,772 shares of York Water exchanged hands as compared to its average daily volume of 27,700 shares. The stock ranged in a price between $19.18-$19.69 after having opened the day at $19.47 as compared to the previous trading day's close of $19.36.

The York Water Company is engaged in impounding, purifying, and distributing drinking water. It operates two wastewater collection and treatment systems; and has two reservoirs comprising Lake Williams and Lake Redman, which together hold up to approximately 2.2 billion gallons of water. York Water has a market cap of $256.1 million and is part of the utilities industry. Shares are down 7.5% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates York Water a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates York Water as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

Highlights from TheStreet Ratings analysis on YORW go as follows:

  • Despite its growing revenue, the company underperformed as compared with the industry average of 6.4%. Since the same quarter one year prior, revenues slightly increased by 2.5%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • The debt-to-equity ratio is somewhat low, currently at 0.82, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. To add to this, YORW has a quick ratio of 1.75, which demonstrates the ability of the company to cover short-term liquidity needs.
  • YORK WATER CO has improved earnings per share by 16.7% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, YORK WATER CO increased its bottom line by earning $0.75 versus $0.72 in the prior year. This year, the market expects an improvement in earnings ($0.91 versus $0.75).
  • Net operating cash flow has increased to $4.77 million or 12.84% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -16.50%.
  • The gross profit margin for YORK WATER CO is currently very high, coming in at 80.16%. Regardless of YORW's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, YORW's net profit margin of 24.73% compares favorably to the industry average.

You can view the full analysis from the report here: York Water Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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.