5 Utilities Stocks Investors are Selling Now

Through most of the trading day on Thursday, September 1, 2011, these stocks are bringing down the Utilities (NYSE:XLU) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Public Service Enterprise Group Inc. (NYSE:PEG) stocks are trading at $33.75. This is 41 cents (-1.1%) below the previous close of $34.13, making the company one of the biggest price losers in the sector today. Public Service Enterprise Group Inc. primarily operates as a wholesale energy supply company with nuclear, coal, gas, and oil-fired generation facilities.

Stock Price Performance: From August 3, 2011, to August 31, 2011, the stock price had risen $2.40 (7.6%) from $31.73 to $34.13. The stock price saw one of its best stretches over the last year between April 25, 2011 and May 4, 2011 when shares rose for eight straight trading days, rising 5% (+$1.52). It saw one of its worst periods between July 26, 2011 and August 4, 2011 when shares fell for eight straight trading days, falling 9.1% (-$3.02).

Shares of DTE Energy Company (NYSE:DTE) are trading at $50.30, down 30 cents (-0.5%) from the previous close of $50.56. DTE Energy Co. provides electricity and natural gas sales, distribution and storage services throughout southeastern Michigan.

Stock Price Performance: From August 3, 2011, to August 31, 2011, the stock price had risen $2.08 (4.3%) from $48.48 to $50.56. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven straight trading days, rising 4.3% (+$2.11). It saw one of its worst periods between May 31, 2011 and June 10, 2011 when shares fell for nine straight trading days, falling 4.4% (-$2.26).

TECO Energy, Inc. (NYSE:TE) is one of the sector losers in price. Its shares are trading at $18.19, down 11 cents (-0.6%) from the previous close of $18.30. TECO Energy is an energy-related holding company with regulated electric and gas utility operations in Florida and other companies engaged in coal mining and synthetic fuel production, waterborne transportation services.

Stock Price Performance: From August 25, 2011, to August 31, 2011, the stock price had risen 60 cents (3.4%) from $17.70 to $18.30. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 6, 2011 when shares rose for eight straight trading days, rising 4.2% (+74 cents). It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 4.2% (-81 cents).

Integrys Energy Group, Inc. (NYSE:TEG) is among the price losers in the sector as its stock price is $49.52, down 59 cents (-1.1%) from the previous close of $50.07. Integrys Energy Group is a holding company whose subsidiaries provide products and services in energy markets.

Stock Price Performance: From August 3, 2011, to August 31, 2011, the stock price had risen $1.62 (3.3%) from $48.45 to $50.07. It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 4.5% (-$2.31). The stock price saw one of its best stretches over the last year between April 21, 2011 and May 3, 2011 when shares rose for eight straight trading days, rising 5.1% (+$2.50).

Covanta Holding Corporation (NYSE:CVA) is among the price losers in the sector. Its shares are trading at $16.29, which is 13 cents (-0.8%) below the previous close of $16.42. Covanta Holding Corporation is a developer, owner and operator of infrastructure for the conversion of waste to energy known as ‘energy-from-waste’, as well as other waste disposal and renewable energy production businesses in the Americas, Europe & Asia.

Stock Price Performance: From August 25, 2011, to August 31, 2011, the stock price had risen 80 cents (5.1%) from $15.62 to $16.42. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10 straight trading days, rising 6.2% (+$1). It saw one of its worst periods between April 6, 2011 and April 19, 2011 when shares fell for 10 straight trading days, falling 6.8% (-$1.19).