3 Stocks Improving Performance Of 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 28 points (-0.2%) at 17,094 as of Thursday, Aug. 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,204 issues advancing vs. 1,745 declining with 194 unchanged.

The Utilities sector currently sits up 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Exelon ( EXC), up 0.7%, ONEOK ( OKE), up 0.7%, Entergy ( ETR), up 0.6% and EQT ( EQT), up 0.6%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR.B), down 2.1%, CPFL Energy ( CPL), down 1.3% and TransCanada ( TRP), down 0.5%.

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

3. DTE Energy ( DTE) is one of the companies pushing the Utilities sector higher today. As of noon trading, DTE Energy is up $0.51 (0.7%) to $77.44 on average volume. Thus far, 382,449 shares of DTE Energy exchanged hands as compared to its average daily volume of 968,800 shares. The stock has ranged in price between $76.60-$77.73 after having opened the day at $76.89 as compared to the previous trading day's close of $76.93.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

DTE Energy Company, together with its subsidiaries, operates as an energy company. DTE Energy has a market cap of $13.5 billion and is part of the utilities industry. Shares are up 15.9% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate DTE Energy a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates DTE Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, notable return on equity, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full DTE 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, Consolidated Edison ( ED) is up $0.34 (0.6%) to $57.48 on average volume. Thus far, 753,302 shares of Consolidated Edison exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $56.89-$57.64 after having opened the day at $56.98 as compared to the previous trading day's close of $57.14.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Consolidated Edison, Inc. is engaged in regulated electric, gas, and steam delivery businesses in the United States. Consolidated Edison has a market cap of $16.6 billion and is part of the utilities industry. Shares are up 3.4% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Consolidated Edison a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Consolidated Edison as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, reasonable valuation levels, notable return on equity and impressive record of earnings per share growth. 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 Consolidated Edison 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, Southern ( SO) is up $0.28 (0.6%) to $44.11 on light volume. Thus far, 1.6 million shares of Southern exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $43.69-$44.27 after having opened the day at $43.69 as compared to the previous trading day's close of $43.83.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

The Southern Company, together with its subsidiaries, operates as a public electric utility company. Southern has a market cap of $39.0 billion and is part of the utilities industry. Shares are up 6.6% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate Southern a buy, 3 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Southern as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, notable return on equity, increase in stock price during the past year and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Southern 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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