3 Stocks Dragging In 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 28 points (0.2%) at 16,953 as of Monday, June 9, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,914 issues advancing vs. 1,041 declining with 157 unchanged.

The Utilities sector currently sits up 0.1% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Korea Electric Power ( KEP), down 1.6%, Dominion Resources ( D), down 1.2%, American Electric Power ( AEP), down 1.2%, PG&E ( PCG), down 1.2% and Public Service Enterprise Group ( PEG), down 1.2%.

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

3. NextEra Energy ( NEE) is one of the companies pushing the Utilities sector lower today. As of noon trading, NextEra Energy is down $1.31 (-1.3%) to $96.13 on light volume. Thus far, 713,626 shares of NextEra Energy exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $95.99-$97.38 after having opened the day at $97.08 as compared to the previous trading day's close of $97.44.

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, and nuclear sources. NextEra Energy has a market cap of $42.6 billion and is part of the utilities industry. Shares are up 13.8% year-to-date as of the close of trading on Friday. Currently there are 10 analysts that rate NextEra Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates NextEra Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, impressive record of earnings per share growth 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 NextEra Energy 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, Duke Energy Corporation ( DUK) is down $0.60 (-0.8%) to $70.74 on light volume. Thus far, 899,949 shares of Duke Energy Corporation exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $70.68-$71.26 after having opened the day at $71.12 as compared to the previous trading day's close of $71.34.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. Duke Energy Corporation has a market cap of $50.7 billion and is part of the utilities industry. Shares are up 3.4% year-to-date as of the close of trading on Friday. Currently there are 6 analysts that rate Duke Energy Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Duke Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Duke Energy Corporation 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, Exelon ( EXC) is down $0.31 (-0.8%) to $37.10 on light volume. Thus far, 1.4 million shares of Exelon exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $37.03-$37.45 after having opened the day at $37.26 as compared to the previous trading day's close of $37.41.

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 $32.2 billion and is part of the utilities industry. Shares are up 36.6% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates Exelon a buy, 1 analyst rates it a sell, and 9 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, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Exelon 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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