3 Utilities Stocks Driving The 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 229 points (-1.3%) at 17,718 as of Monday, June 29, 2015, 1:25 PM ET. The NYSE advances/declines ratio sits at 367 issues advancing vs. 2,727 declining with 104 unchanged.

The Utilities sector currently sits down 0.2% versus the S&P 500, which is down 1.4%. Top gainers within the sector include Huaneng Power International ( HNP), up 2.1%, Consolidated Edison ( ED), up 0.7%, Sempra Energy ( SRE), up 0.7% and Dominion Resources ( DCUB), up 0.6%. A company within the sector that fell today was Empresa Nacional de Electricidad ( EOC), up 2.8%.

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

3. Dominion Resources ( D) is one of the companies pushing the Utilities sector higher today. As of noon trading, Dominion Resources is up $0.39 (0.6%) to $67.66 on average volume. Thus far, 1.0 million 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 $67.19-$68.14 after having opened the day at $67.22 as compared to the previous trading day's close of $67.27.

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Dominion Resources, Inc. produces and transports 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 $39.5 billion and is part of the utilities industry. Shares are down 12.5% year-to-date as of the close of trading on Friday. Currently there are 8 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 increase in net income, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Dominion Resources Ratings Report now.

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2. As of noon trading, Southern ( SO) is up $0.31 (0.7%) to $42.20 on average volume. Thus far, 2.9 million shares of Southern exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $41.89-$42.56 after having opened the day at $41.93 as compared to the previous trading day's close of $41.89.

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The Southern Company, together with its subsidiaries, operates as a public electric utility company. Southern has a market cap of $37.8 billion and is part of the utilities industry. Shares are down 14.7% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Southern a buy, 3 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Southern as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity and increase in net income. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Southern Ratings Report now.

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1. As of noon trading, Duke Energy Corporation ( DUK) is up $0.38 (0.5%) to $71.38 on average volume. Thus far, 1.6 million shares of Duke Energy Corporation exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $71.08-$71.71 after having opened the day at $71.08 as compared to the previous trading day's close of $71.00.

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Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. Duke Energy Corporation has a market cap of $48.9 billion and is part of the utilities industry. Shares are down 15.0% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Duke Energy Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Duke Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, expanding profit margins, growth in earnings per share, good cash flow from operations and reasonable valuation levels. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Duke Energy Corporation 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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