3 Utilities Stocks Pushing The 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 34 points (0.2%) at 16,585 as of Friday, May 9, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,493 issues advancing vs. 1,448 declining with 155 unchanged.

The Utilities sector currently sits down 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Ormat Technologies ( ORA), up 8.8%, Companhia De Saneamento Basico Do Estado De ( SBS), up 1.5% and FirstEnergy ( FE), up 0.6%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR.B), down 3.6%, Wisconsin Energy ( WEC), down 2.3%, Huaneng Power International ( HNP), down 2.2%, ONEOK ( OKE), down 2.1% and Ameren ( AEE), down 1.8%.

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

3. Suburban Propane Partners ( SPH) is one of the companies pushing the Utilities sector higher today. As of noon trading, Suburban Propane Partners is up $1.41 (3.2%) to $44.81 on average volume. Thus far, 117,774 shares of Suburban Propane Partners exchanged hands as compared to its average daily volume of 169,500 shares. The stock has ranged in price between $43.67-$44.81 after having opened the day at $43.89 as compared to the previous trading day's close of $43.40.

Suburban Propane Partners, L.P., through its subsidiaries, is engaged in the retail marketing and distribution of propane, fuel oil, and refined fuels. Suburban Propane Partners has a market cap of $2.6 billion and is part of the utilities industry. Shares are down 7.5% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates Suburban Propane Partners a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Suburban Propane Partners as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. Get the full Suburban Propane Partners 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.

2. As of noon trading, Clean Energy Fuels ( CLNE) is up $1.16 (13.2%) to $9.98 on heavy volume. Thus far, 3.8 million shares of Clean Energy Fuels exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $9.09-$10.17 after having opened the day at $9.18 as compared to the previous trading day's close of $8.82.

Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets. It designs, builds, operates, and maintains fueling stations. Clean Energy Fuels has a market cap of $811.4 million and is part of the utilities industry. Shares are down 31.5% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Clean Energy Fuels a buy, 4 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Clean Energy Fuels as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, poor profit margins, generally disappointing historical performance in the stock itself and generally high debt management risk. Get the full Clean Energy Fuels 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, AmeriGas Partners ( APU) is up $0.90 (2.0%) to $45.21 on average volume. Thus far, 123,031 shares of AmeriGas Partners exchanged hands as compared to its average daily volume of 307,600 shares. The stock has ranged in price between $44.44-$45.38 after having opened the day at $44.73 as compared to the previous trading day's close of $44.31.

AmeriGas Partners, L.P. operates as a retail and wholesale distributor of propane gas, and related equipment and supplies in the United States. AmeriGas Partners has a market cap of $4.1 billion and is part of the utilities industry. Shares are down 0.6% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate AmeriGas Partners a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates AmeriGas Partners as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and expanding profit margins. 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 AmeriGas Partners 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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