CPL, KEP And EQT, Pushing Utilities Sector Downward

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 48 points (0.3%) at 18,145 as of Thursday, March 5, 2015, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,642 issues advancing vs. 1,262 declining with 201 unchanged.

The Utilities sector currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Dominion Resources ( DCUB), up 1.8%, ONEOK ( OKE), up 1.9% and Dominion Resources ( DCUA), up 0.7%.

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

3. CPFL Energy ( CPL) is one of the companies pushing the Utilities sector lower today. As of noon trading, CPFL Energy is down $0.16 (-1.3%) to $11.79 on light volume. Thus far, 112,770 shares of CPFL Energy exchanged hands as compared to its average daily volume of 341,200 shares. The stock has ranged in price between $11.75-$12.03 after having opened the day at $12.03 as compared to the previous trading day's close of $11.95.

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

CPFL Energia S.A., together with its subsidiaries, generates, distributes, and commercializes electricity to industrial, residential, commercial, rural, and other consumers in Brazil. CPFL Energy has a market cap of $6.0 billion and is part of the utilities industry. Shares are down 11.9% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate CPFL Energy a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates CPFL Energy as a hold. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. Get the full CPFL 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, Korea Electric Power ( KEP) is down $0.32 (-1.5%) to $20.28 on average volume. Thus far, 358,197 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 483,100 shares. The stock has ranged in price between $20.22-$20.36 after having opened the day at $20.33 as compared to the previous trading day's close of $20.59.

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

Korea Electric Power Corporation, an integrated electric utility company, generates, transmits, and distributes electricity in Korea. Korea Electric Power has a market cap of $25.7 billion and is part of the utilities industry. Shares are up 6.3% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Korea Electric Power a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Korea Electric Power as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full Korea Electric Power 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, EQT ( EQT) is down $0.54 (-0.7%) to $80.31 on light volume. Thus far, 447,077 shares of EQT exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $79.45-$80.78 after having opened the day at $80.50 as compared to the previous trading day's close of $80.85.

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

EQT Corporation, together with its subsidiaries, operates as a natural gas company in the United States. It operates in two segments, EQT Production and EQT Midstream. EQT has a market cap of $12.5 billion and is part of the energy industry. Shares are up 6.8% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts that rate EQT a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full EQT 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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