3 Stocks Pushing The Utilities Sector Lower

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 55 points (0.3%) at 16,661 as of Tuesday, May 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,943 issues advancing vs. 1,024 declining with 173 unchanged.

The Utilities sector currently sits up 0.3% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the sector include Energy Company of Minas Gerais ( CIG), down 5.7%, and Huaneng Power International ( HNP), down 3.5%. A company within the sector that increased today was Exelon ( EXC), up 4.1%.

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

3. Energy Company of Parana ( ELP) is one of the companies pushing the Utilities sector lower today. As of noon trading, Energy Company of Parana is down $0.69 (-4.5%) to $14.62 on average volume. Thus far, 309,870 shares of Energy Company of Parana exchanged hands as compared to its average daily volume of 574,000 shares. The stock has ranged in price between $14.61-$15.39 after having opened the day at $15.36 as compared to the previous trading day's close of $15.31.

Companhia Paranaense de Energia - COPEL is engaged in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, and rural customers primarily in the State of Parana, Brazil. Energy Company of Parana has a market cap of $4.2 billion and is part of the utilities industry. Shares are up 16.5% year-to-date as of the close of trading on Friday. Currently there are no analysts that rate Energy Company of Parana a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Energy Company of Parana 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, attractive valuation levels, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Energy Company of Parana Ratings Report now.

STOCKS TO BUY: 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, Enersis ( ENI) is down $0.41 (-2.5%) to $16.03 on light volume. Thus far, 198,642 shares of Enersis exchanged hands as compared to its average daily volume of 641,800 shares. The stock has ranged in price between $15.97-$16.50 after having opened the day at $16.44 as compared to the previous trading day's close of $16.44.

Enersis S.A., an electric utility company, through its subsidiaries and jointly-controlled entities, is engaged in the generation, transmission, and distribution of electricity in Chile, Brazil, Colombia, Peru, and Argentina. Enersis has a market cap of $16.1 billion and is part of the utilities industry. Shares are up 9.7% year-to-date as of the close of trading on Friday. Currently there are 2 analysts that rate Enersis a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Enersis as a buy. The company's strongest point has been its expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Enersis Ratings Report now.

STOCKS TO BUY: 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, TransCanada ( TRP) is down $0.30 (-0.6%) to $46.85 on average volume. Thus far, 308,113 shares of TransCanada exchanged hands as compared to its average daily volume of 451,600 shares. The stock has ranged in price between $46.52-$47.21 after having opened the day at $47.18 as compared to the previous trading day's close of $47.15.

TransCanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Oil Pipelines, and Energy. TransCanada has a market cap of $33.4 billion and is part of the energy industry. Shares are up 3.3% year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate TransCanada a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates TransCanada as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and notable return on equity. 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 TransCanada Ratings Report now.

STOCKS TO BUY: 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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