XEL, EIX And ED, 3 Utilities Stocks Pushing The Sector Lower

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 15 points (-0.1%) at 17,673 as of Wednesday, Nov. 19, 2014, 12:10 PM ET. The NYSE advances/declines ratio sits at 967 issues advancing vs. 1,986 declining with 177 unchanged.

The Utilities sector currently sits down 0.3% versus the S&P 500, which is down 0.3%. A company within the sector that fell today was Huaneng Power International ( HNP), up 1.4%. Top gainers within the sector include Centrais Eletricas Brasileiras ( EBR), up 9.3%, Centrais Eletricas Brasileiras ( EBR.B), up 4.0%, TransCanada ( TRP), up 2.0% and Korea Electric Power ( KEP), up 1.3%.

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

3. Xcel Energy ( XEL) is one of the companies pushing the Utilities sector lower today. As of noon trading, Xcel Energy is down $0.24 (-0.7%) to $33.48 on light volume. Thus far, 585,377 shares of Xcel Energy exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $33.43-$33.70 after having opened the day at $33.62 as compared to the previous trading day's close of $33.72.

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

Xcel Energy Inc., through its subsidiaries, is engaged in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. Xcel Energy has a market cap of $16.9 billion and is part of the utilities industry. Shares are up 20.7% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Xcel Energy a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Xcel Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, attractive valuation levels and increase in net income. 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 Xcel 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, Edison International ( EIX) is down $0.34 (-0.6%) to $62.36 on light volume. Thus far, 793,953 shares of Edison International exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $62.14-$62.62 after having opened the day at $62.53 as compared to the previous trading day's close of $62.70.

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

Edison International, through its subsidiaries, generates and supplies electricity. The company generates electricity through hydroelectric, diesel, natural gas, gas fueled, combustion turbine, nuclear, and photovoltaic sources. Edison International has a market cap of $20.4 billion and is part of the utilities industry. Shares are up 35.4% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Edison International a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Edison International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Edison International 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, Consolidated Edison ( ED) is down $0.75 (-1.2%) to $62.28 on average volume. Thus far, 885,661 shares of Consolidated Edison exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $62.03-$62.57 after having opened the day at $62.43 as compared to the previous trading day's close of $63.03.

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 $18.3 billion and is part of the utilities industry. Shares are up 14.0% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Consolidated Edison a buy, 2 analysts rate it a sell, and 7 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 attractive valuation levels, good cash flow from operations, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.

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).

null

More from Markets

Stocks Trade Lower as Rates Continue Rising; Boeing Holds Gains

Stocks Trade Lower as Rates Continue Rising; Boeing Holds Gains

4 Stocks Making Important Moves Wednesday

4 Stocks Making Important Moves Wednesday

Dow Futures Turn Positive After Boeing Earnings Blowout; Twitter Boosts Nasdaq

Dow Futures Turn Positive After Boeing Earnings Blowout; Twitter Boosts Nasdaq

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

Facebook Prepares for Earnings and 4 Other Stories You Must Know Wednesday

Facebook Prepares for Earnings and 4 Other Stories You Must Know Wednesday