3 Stocks Advancing The Utilities Sector

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 are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 28 points (-0.2%) at 16,647 as of Wednesday, May 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,518 issues advancing vs. 1,472 declining with 153 unchanged.

The Utilities sector currently sits up 0.1% versus the S&P 500, which is unchanged. Top gainers within the sector include Korea Electric Power ( KEP), up 1.9%, FirstEnergy ( FE), up 1.0%, NextEra Energy ( NEE), up 0.9% and PPL ( PPL), up 0.8%. On the negative front, top decliners within the sector include Huaneng Power International ( HNP), down 1.1%, and TransCanada ( TRP), down 0.7%.

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

3. PG&E ( PCG) is one of the companies pushing the Utilities sector higher today. As of noon trading, PG&E is up $0.45 (1.0%) to $45.23 on light volume. Thus far, 1.1 million shares of PG&E exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $44.68-$45.28 after having opened the day at $44.75 as compared to the previous trading day's close of $44.78.

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 $20.8 billion and is part of the utilities industry. Shares are up 11.2% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate PG&E a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates PG&E as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full PG&E 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, Southern ( SO) is up $0.24 (0.6%) to $43.40 on light volume. Thus far, 1.5 million shares of Southern exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $43.20-$43.44 after having opened the day at $43.23 as compared to the previous trading day's close of $43.16.

The Southern Company, together with its subsidiaries, operates as a public electric utility company. Southern has a market cap of $38.4 billion and is part of the utilities industry. Shares are up 5.0% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Southern a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Southern as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Southern 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, Exelon ( EXC) is up $0.45 (1.3%) to $35.83 on average volume. Thus far, 4.9 million shares of Exelon exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $35.13-$36.02 after having opened the day at $35.14 as compared to the previous trading day's close of $35.38.

Exelon Corporation, a utility services holding company, is engaged in the energy generation business in the United States. It operates through nine segments: Mid-Atlantic, Midwest, New England, New York, ERCOT, Other Regions, ComEd, PECO, and BGE. Exelon has a market cap of $29.3 billion and is part of the utilities industry. Shares are up 24.7% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Exelon a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Exelon as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Exelon 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).

null

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists