5 Utilities Stocks Investors are Tossing Now

Through the early part of trading, 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.

Shares of Southern Company (NYSE:SO) are trading at $41.17, down 16 cents (-0.5%) from the previous close of $41.37. Southern Company through its operating companies, provides electric service in four Southeastern states.

Stock Price Performance: From June 15, 2011, to September 9, 2011, the stock price had risen $1.87 (4.8%) from $38.87 to $40.74. 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 3.9% (+$1.45). It saw one of its worst periods between May 19, 2011 and May 27, 2011 when shares fell for seven straight trading days, falling 2.5% (-$1.01).

NextEra Energy, Inc. (NYSE:NEE) is one of the sector losers in price. Its shares are trading at $53.63, down 41 cents (-0.9%) from the previous close of $54.12. NextEra Energy provides electricity-related services through two operating subsidiaries, FPL and FPL Energy.

Stock Price Performance: From August 12, 2011, to September 12, 2011, the stock price had risen $1.96 (3.8%) from $52.16 to $54.12. 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 5.2% (+$2.74). It saw one of its worst periods between November 4, 2010 and November 17, 2010 when shares fell for 10 straight trading days, falling 5.1% (-$2.69).

Spectra Energy Corp (NYSE:SE) is among the price losers in the sector as its stock price is $25.09, down 12 cents (-0.4%) from the previous close of $25.20. Spectra Energy Corp. through its subsidiaries and equity affiliates, owns and operates natural gas-related energy assets.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $1.75 (-6.6%) from $26.63 to $24.88. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 7.5% (+$1.99). It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 2.4% (-65 cents).

Progress Energy, Inc. (NYSE:PGN) is among the price losers in the sector. Its shares are trading at $48.62, which is 18 cents (-0.5%) below the previous close of $48.87. Progress Energy Inc., is an integrated electric utility that generates, transmits and distributes power in portions of North Carolina, South Carolina and Florida.

Stock Price Performance: From August 11, 2011, to September 9, 2011, the stock price had risen $2.03 (4.4%) from $46.03 to $48.06. It saw one of its worst periods between May 17, 2011 and May 26, 2011 when shares fell for eight straight trading days, falling 3.3% (-$1.61). The stock price saw one of its best stretches over the last year between March 17, 2011 and March 30, 2011 when shares rose for 10 straight trading days, rising 5.3% (+$2.27).

Piedmont Natural Gas Co Inc. (NYSE:PNY) stocks are trading at $30.04. This is 49 cents (-1.7%) below the previous close of $30.55, making the company one of the biggest price losers in the sector today. An energy services company whose principal business is the distribution of natural gas to residential, commercial, industrial and power generation customers in portions of North Carolina, South Carolina and Tennessee.

Stock Price Performance: From August 12, 2011, to September 12, 2011, the stock price had risen $1.87 (6.5%) from $28.68 to $30.55. It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 5.4% (-$1.67). The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 6.9% (+$2.04).