3 Utilities Stocks On The Rise

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 51 points (-0.3%) at 18,140 as of Monday, May 11, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,286 issues advancing vs. 1,726 declining with 119 unchanged.

The Utilities sector currently sits down 0.2% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include Pepco Holdings ( POM), down 4.7%, CPFL Energy ( CPL), down 2.9%, ONEOK ( OKE), down 1.9%, EQT ( EQT), down 1.2% and Sempra Energy ( SRE), down 0.8%.

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

3. Huaneng Power International ( HNP) is one of the companies pushing the Utilities sector higher today. As of noon trading, Huaneng Power International is up $0.90 (1.6%) to $57.58 on light volume. Thus far, 18,161 shares of Huaneng Power International exchanged hands as compared to its average daily volume of 74,800 shares. The stock has ranged in price between $57.46-$57.84 after having opened the day at $57.62 as compared to the previous trading day's close of $56.68.

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Huaneng Power International, Inc., an independent power producer, generates and sells electricity and heat to the regional or provincial grid companies in the People's Republic of China and Singapore. Huaneng Power International has a market cap of $19.9 billion and is part of the utilities industry. Shares are up 2.1% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Huaneng Power International a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Huaneng Power International as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk and weak operating cash flow. Get the full Huaneng Power International Ratings Report now.

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2. As of noon trading, Calpine ( CPN) is up $0.22 (1.1%) to $21.25 on light volume. Thus far, 1.4 million shares of Calpine exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $20.98-$21.32 after having opened the day at $20.98 as compared to the previous trading day's close of $21.03.

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Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. Calpine has a market cap of $7.7 billion and is part of the utilities industry. Shares are down 7.1% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who rate Calpine a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Calpine as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Calpine Ratings Report now.

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1. As of noon trading, NiSource ( NI) is up $0.44 (1.0%) to $44.50 on average volume. Thus far, 1.4 million shares of NiSource exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $44.16-$45.08 after having opened the day at $44.34 as compared to the previous trading day's close of $44.07.

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NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. It operates through three segments: Gas Distribution Operations, Columbia Pipeline Group Operations, and Electric Operations. NiSource has a market cap of $13.7 billion and is part of the utilities industry. Shares are up 1.4% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates NiSource a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates NiSource as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, increase in net income, reasonable valuation levels and solid stock price performance. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full NiSource Ratings Report now.

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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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