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 37 points (0.2%) at 16,943 as of Wednesday, July 9, 2014, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,468 issues advancing vs. 1,471 declining with 161 unchanged.

The Utilities sector currently sits down 0.1% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the sector include Entergy ( ETR), down 1.3%, Calpine ( CPN), down 1.3%, Edison International ( EIX), down 0.9%, Northeast Utilities ( NU), down 0.9% and DTE Energy ( DTE), down 0.9%. Top gainers within the sector include Energy Company of Parana ( ELP), up 1.5%, CPFL Energy ( CPL), up 1.2% and TransCanada ( TRP), up 0.8%.

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

3. Dominion Resources ( D) is one of the companies pushing the Utilities sector lower today. As of noon trading, Dominion Resources is down $0.36 (-0.5%) to $68.79 on average volume. Thus far, 895,766 shares of Dominion Resources exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $68.70-$69.38 after having opened the day at $69.25 as compared to the previous trading day's close of $69.15.

Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. Dominion Resources has a market cap of $40.0 billion and is part of the utilities industry. Shares are up 6.9% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Dominion Resources a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Dominion Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Dominion Resources 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, PPL ( PPL) is down $0.24 (-0.7%) to $33.88 on light volume. Thus far, 1.7 million shares of PPL exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $33.83-$34.28 after having opened the day at $34.24 as compared to the previous trading day's close of $34.12.

PPL Corporation, an energy and utility holding company, generates, transmits, distributes, and sells electricity to wholesale and retail customers in the Pennsylvania, Kentucky, Virginia, Tennessee, and the United Kingdom. The company operates in four segments: Kentucky Regulated, U.K. PPL has a market cap of $21.5 billion and is part of the utilities industry. Shares are up 13.4% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate PPL a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates PPL as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, reasonable valuation levels 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 PPL 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, NextEra Energy ( NEE) is down $0.50 (-0.5%) to $98.40 on light volume. Thus far, 802,359 shares of NextEra Energy exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $98.31-$99.27 after having opened the day at $98.72 as compared to the previous trading day's close of $98.90.

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 $42.9 billion and is part of the utilities industry. Shares are up 15.5% year-to-date as of the close of trading on Tuesday. 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.

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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