Today's Stocks Driving Success For 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 13 points (0.1%) at 16,507 as of Monday, Aug. 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,334 issues advancing vs. 1,665 declining with 161 unchanged.

The Utilities sector currently sits down 1.3% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include American Electric Power ( AEP), down 3.2%, Northeast Utilities ( NU), down 2.6%, Public Service Enterprise Group ( PEG), down 2.5%, Xcel Energy ( XEL), down 2.2% and PG&E ( PCG), down 2.0%.

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

3. Enersis ( ENI) is one of the companies pushing the Utilities sector higher today. As of noon trading, Enersis is up $0.12 (0.7%) to $17.00 on average volume. Thus far, 284,988 shares of Enersis exchanged hands as compared to its average daily volume of 592,100 shares. The stock has ranged in price between $16.78-$17.05 after having opened the day at $16.90 as compared to the previous trading day's close of $16.88.

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 $16.6 billion and is part of the utilities industry. Shares are up 12.6% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Enersis a buy, no analysts rate it a sell, and 1 rates 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.

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, Western Gas Equity Partners ( WGP) is up $0.59 (1.1%) to $56.24 on light volume. Thus far, 24,051 shares of Western Gas Equity Partners exchanged hands as compared to its average daily volume of 217,100 shares. The stock has ranged in price between $54.99-$56.24 after having opened the day at $55.60 as compared to the previous trading day's close of $55.65.

Western Gas Equity Partners, LP is engaged in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil in the United States. Western Gas Equity Partners has a market cap of $12.3 billion and is part of the energy industry. Shares are up 40.9% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Western Gas Equity Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Western Gas Equity Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally high debt management risk. Get the full Western Gas Equity Partners 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, EQT ( EQT) is up $0.85 (0.9%) to $95.65 on average volume. Thus far, 618,119 shares of EQT exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $94.75-$95.85 after having opened the day at $95.25 as compared to the previous trading day's close of $94.80.

EQT Corporation, together with its subsidiaries, operates as a natural gas company in the United States. It operates in two segments, EQT Production and EQT Midstream. EQT has a market cap of $14.2 billion and is part of the energy industry. Shares are up 5.6% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate EQT a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates EQT 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, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full EQT 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).

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