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 70 points (-0.4%) at 16,940 as of Monday, Oct. 6, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,489 issues advancing vs. 1,550 declining with 137 unchanged.

The Utilities sector currently sits up 0.1% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Centrais Eletricas Brasileiras ( EBR), up 12.0%, and Centrais Eletricas Brasileiras ( EBR.B), up 10.1%.

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

3. Energy Company of Parana ( ELP) is one of the companies pushing the Utilities sector higher today. As of noon trading, Energy Company of Parana is up $1.18 (8.3%) to $15.43 on heavy volume. Thus far, 583,901 shares of Energy Company of Parana exchanged hands as compared to its average daily volume of 565,100 shares. The stock has ranged in price between $15.14-$16.14 after having opened the day at $16.13 as compared to the previous trading day's close of $14.25.

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

Companhia Paranaense de Energia - COPEL is engaged in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, and rural customers primarily in the State of Parana, Brazil. Energy Company of Parana has a market cap of $3.8 billion and is part of the utilities industry. Shares are up 8.4% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate Energy Company of Parana a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Energy Company of Parana as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Energy Company of Parana 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, Companhia De Saneamento Basico Do Estado De ( SBS) is up $0.30 (3.8%) to $8.26 on average volume. Thus far, 1.3 million shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $8.25-$8.59 after having opened the day at $8.59 as compared to the previous trading day's close of $7.96.

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

Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP provides basic and environmental sanitation services; and supplies treated water on a wholesale basis to residential, commercial, industrial, and governmental customers in the state of Sao Paulo. Companhia De Saneamento Basico Do Estado De has a market cap of $5.3 billion and is part of the utilities industry. Shares are down 29.8% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Companhia De Saneamento Basico Do Estado De a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Companhia De Saneamento Basico Do Estado De as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Companhia De Saneamento Basico Do Estado De 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, TransCanada ( TRP) is up $0.52 (1.0%) to $50.95 on light volume. Thus far, 491,336 shares of TransCanada exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $50.60-$51.11 after having opened the day at $50.70 as compared to the previous trading day's close of $50.43.

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

TransCanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Oil Pipelines, and Energy. TransCanada has a market cap of $36.0 billion and is part of the energy industry. Shares are up 10.4% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate TransCanada a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates TransCanada as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, expanding profit margins and good cash flow from operations. 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 TransCanada 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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