3 Utilities Stocks On The Rise

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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.2%) at 17,108 as of Wednesday, Sept. 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,478 issues advancing vs. 1,497 declining with 182 unchanged.

The Utilities sector currently sits up 0.3% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Korea Electric Power ( KEP), up 2.8%, Huaneng Power International ( HNP), up 1.3%, Edison International ( EIX), up 1.2%, Public Service Enterprise Group ( PEG), up 1.1% and Consolidated Edison ( ED), up 1.1%.

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 $0.35 (0.8%) to $44.15 on light volume. Thus far, 1.2 million shares of Southern exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $43.94-$44.26 after having opened the day at $43.95 as compared to the previous trading day's close of $43.80.

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 $39.8 billion and is part of the utilities industry. Shares are up 6.5% year-to-date as of the close of trading on Tuesday. 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.

2. As of noon trading, Duke Energy Corporation ( DUK) is up $0.36 (0.5%) to $73.81 on light volume. Thus far, 795,482 shares of Duke Energy Corporation exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $73.50-$74.09 after having opened the day at $73.55 as compared to the previous trading day's close of $73.45.

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

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 $52.3 billion and is part of the utilities industry. Shares are up 6.4% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Duke Energy Corporation a buy, no analysts rate it a sell, and 7 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 growth in earnings per share, increase in net income, revenue growth, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. 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 up $0.26 (0.8%) to $33.09 on light volume. Thus far, 1.6 million shares of Exelon exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $32.98-$33.35 after having opened the day at $33.03 as compared to the previous trading day's close of $32.83.

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

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 $28.7 billion and is part of the utilities industry. Shares are up 19.9% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Exelon a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Exelon as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, reasonable valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. 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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