Over the last 13 weeks the broad market, as represented by the SPDR S&P 500 (NYSE:SPY), is down by more than 14%. Despite this, there are a handful of companies that have not only outperformed the index but have gained in value and are still posting some very impressive fundamentals.
Below, we highlight just a few of them: companies with an impressive price/earnings ratios and dividend yields that are also holding strong against a falling market. Is it any surprise that they also hail from the traditional, safe-haven utilities sector?

IN PICTURES: 20 Tools For Building Up Your Portfolio

Serving Up Electrifying Returns
First up is Public Service Enterprise Group (NYSE:PEG), a company that generates and sells electricity and markets natural gas to customers up and down the Atlantic seaboard. The company's shares have climbed 6% since April 1, and still offer a handsome 4.3% dividend yield. Against the utilities sector as a whole, the shares have shown stalwart qualities, besting the Utilities SPDR ETF (NYSE:XLU), which lost more than 5% over the same period.

In its most recent earnings report, PEG posted EPS numbers that handily beat Wall Street estimates. Where the street had been expecting net income of 65 cents a share, management delivered 84 cents.

Public Service shares trade with a price/earnings ratio of 9.7, have a market cap in excess of $15 billion and are mostly institutionally owned (61.4%).

Another Mid-Atlantic Winner
Chesapeake Utilities Corporation (NYSE:CPK) shares pay an annual 4.2% dividend and trade with a P/E of 13.35. Over the last three months, the stock is up over 4.5%. Over the last decade, Chesapeake investors have gained an average of 7.5% annually - not including the dividend.

CPK's business is focused on three states, Maryland, Delaware and Florida. This week, shareholders will benefit from a 5% rise in the annual dividend.

CPK has a relatively small market cap of just $307 million.

CPFL Energia S.A. (NYSE:CPL) is a Brazil-based generator and marketer of electricity. The company's shares have risen almost 14% since April 1, and still yield a healthy 6.66% annually. The shares trade with a multiple of 14.3 times last year's earnings.

CPL has a market cap of $11 billion.

The Wrap
In times of danger, investors often turn to utilities for the relative safety they offer. But to buck a 15% correction in the market and rise in value is something special, and a feat only the best companies can hope to achieve. (Learn more about the sector, see Trust In Utilities.)

Use the Investopedia Stock Simulator to trade the stocks mentioned in this stock analysis, risk free!

Related Articles
  1. Economics

    India: Why it Might Pay to Be Bullish Right Now

    Many investors are bullish on India for all the right reasons. Does it present an investing opportunity?
  2. Mutual Funds & ETFs

    The 3 Best Downside Protection Equity Mutual Funds

    Learn how it is possible to profit in a bear market by owning the correct selection of mutual funds that provide downside protection and opportunity.
  3. Fundamental Analysis

    5 Must-Have Metrics For Value Investors

    Focusing on certain fundamental metrics is the best way for value investors to cash in gains. Here are the most important metrics to know.
  4. Investing News

    Market Outlook: No Bottom Until 2017?

    These investing pros are bearish on the market in 2016. Will there be a bottom in early 2017?
  5. Stock Analysis

    Analyzing Altria's Return on Equity (ROE) (MO)

    Learn about Altria Group's return on equity (ROE) and analyze net profit margin, asset turnover and financial leverage to determine what is causing its high ROE.
  6. Investing Basics

    Building My Portfolio with BlackRock ETFs and Mutual Funds (ITOT, IXUS)

    Find out how to construct the ideal investment portfolio utilizing BlackRock's tools, resources and its popular low-cost exchange-traded funds (ETFs).
  7. Your Clients

    How Advisors Can Make the Most Out of Volatility

    Advisors can use market volatility as an opportunity to enhance their value to their clients and grow their practice. Here's how.
  8. Investing News

    Icahn's Bet on Cheniere Energy: Should You Follow?

    Investing legend Carl Icahn continues to lose money on Cheniere Energy, but he's increasing his stake. Should you follow his lead?
  9. Stock Analysis

    Analyzing Google's Return on Equity (ROE) (GOOGL)

    Learn about Alphabet's return on equity. How has its ROE changed over time, how does it compare to its peers and what factors are driving ROE for the company?
  10. Investing News

    Is Buffett's Bet on Oil Right for You? (XOM, PSX)

    Oil stocks are getting trounced, but Warren Buffett still likes one of them. Should you follow the leader?
RELATED FAQS
  1. What is the formula for calculating EBITDA?

    When analyzing financial fitness, corporate accountants and investors alike closely examine a company's financial statements ... Read Full Answer >>
  2. How do I calculate the P/E ratio of a company?

    The price-earnings ratio (P/E ratio) is a valuation measure that compares the level of stock prices to the level of corporate ... Read Full Answer >>
  3. How do you calculate return on equity (ROE)?

    Return on equity (ROE) is a ratio that provides investors insight into how efficiently a company (or more specifically, its ... Read Full Answer >>
  4. How do you calculate working capital?

    Working capital represents the difference between a firm’s current assets and current liabilities. The challenge can be determining ... Read Full Answer >>
  5. What is the formula for calculating the current ratio?

    The current ratio is a financial ratio that investors and analysts use to examine the liquidity of a company and its ability ... Read Full Answer >>
  6. What is the formula for calculating earnings per share (EPS)?

    Earnings per share (EPS) is the portion of a company’s profit that is allocated to each outstanding share of common stock, ... Read Full Answer >>
COMPANIES IN THIS ARTICLE
Trading Center