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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 25 points (-0.1%) at 17,365 as of Monday, Nov. 3, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,608 issues advancing vs. 1,366 declining with 174 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 Dominion Resources ( DCUB), up 1.6%, and Dominion Resources ( DCUA), up 1.6%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR.B), down 8.6%, Centrais Eletricas Brasileiras ( EBR), down 4.3% and Huaneng Power International ( HNP), down 1.3%.

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

3. Public Service Enterprise Group ( PEG) is one of the companies pushing the Utilities sector higher today. As of noon trading, Public Service Enterprise Group is up $0.39 (0.9%) to $41.70 on light volume. Thus far, 645,669 shares of Public Service Enterprise Group exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $41.22-$41.77 after having opened the day at $41.34 as compared to the previous trading day's close of $41.31.

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

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid Atlantic United States. Public Service Enterprise Group has a market cap of $20.6 billion and is part of the utilities industry. Shares are up 28.9% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate Public Service Enterprise Group a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Public Service Enterprise Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Public Service Enterprise Group 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 $1.16 (1.6%) to $72.46 on average volume. Thus far, 985,998 shares of Dominion Resources exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $71.47-$72.57 after having opened the day at $71.53 as compared to the previous trading day's close of $71.30.

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 $41.7 billion and is part of the utilities industry. Shares are up 10.2% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate Dominion Resources a buy, no analysts rate it a sell, and 5 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, Southern ( SO) is up $0.33 (0.7%) to $46.69 on average volume. Thus far, 2.4 million shares of Southern exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $46.37-$46.84 after having opened the day at $46.40 as compared to the previous trading day's close of $46.36.

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 $41.6 billion and is part of the utilities industry. Shares are up 13.0% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Southern a buy, 4 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Southern as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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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