3 Stocks Raising The Utilities Sector Higher

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 80 points (-0.5%) at 17,033 as of Monday, Sept. 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 959 issues advancing vs. 2,053 declining with 145 unchanged.

The Utilities sector currently sits down 0.3% versus the S&P 500, which is down 0.5%. A company within the sector that increased today was NiSource ( NI), up 6.3%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR), down 5.6%, and Centrais Eletricas Brasileiras ( EBR.B), down 5.1%.

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

3. NRG Energy ( NRG) is one of the companies pushing the Utilities sector higher today. As of noon trading, NRG Energy is up $0.41 (1.4%) to $30.21 on light volume. Thus far, 1.3 million shares of NRG Energy exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $29.62-$30.26 after having opened the day at $29.62 as compared to the previous trading day's close of $29.80.

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

NRG Energy, Inc., together with its subsidiaries, operates as a power and energy company. The company is engaged in the ownership and operation of power generation facilities. NRG Energy has a market cap of $10.1 billion and is part of the utilities industry. Shares are up 3.8% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who rate NRG Energy a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates NRG Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full NRG 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, Dominion Resources ( D) is up $0.34 (0.5%) to $68.37 on light volume. Thus far, 621,690 shares of Dominion Resources exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $67.59-$68.47 after having opened the day at $67.82 as compared to the previous trading day's close of $68.03.

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

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 $39.4 billion and is part of the utilities industry. Shares are up 5.2% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who 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 expanding profit margins, notable return on equity 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 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.

1. As of noon trading, Exelon ( EXC) is up $0.23 (0.7%) to $33.93 on light volume. Thus far, 2.2 million shares of Exelon exchanged hands as compared to its average daily volume of 6.5 million shares. The stock has ranged in price between $33.40-$33.94 after having opened the day at $33.58 as compared to the previous trading day's close of $33.70.

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 $28.9 billion and is part of the utilities industry. Shares are up 23.0% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate Exelon a buy, no analysts rate it a sell, and 7 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, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and reasonable valuation levels. 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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