Utilities Stocks On The Rise With Help From 3 Stocks

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 21 points (0.1%) at 16,839 as of Wednesday, June 25, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,709 issues advancing vs. 1,282 declining with 166 unchanged.

The Utilities sector currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Centrais Eletricas Brasileiras ( EBR.B), up 2.6%, CPFL Energy ( CPL), up 2.4%, Empresa Nacional de Electricidad ( EOC), up 1.8%, ONEOK ( OKE), up 1.2% and Enersis ( ENI), up 1.0%.

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

3. Southern ( SO) is one of the companies pushing the Utilities sector higher today. As of noon trading, Southern is up $0.46 (1.0%) to $44.65 on average volume. Thus far, 2.2 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 $44.22-$44.69 after having opened the day at $44.22 as compared to the previous trading day's close of $44.19.

The Southern Company, together with its subsidiaries, operates as a public electric utility company. Southern has a market cap of $39.4 billion and is part of the utilities industry. Shares are up 7.5% 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.

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