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Seaspan Corporation (SSW): Today's Featured Transportation Winner

The transportation industry closed the day down 3%. Grupo TMM S.A ( TMM), Horizon Lines Inc ( HRZ), B&H Ocean Carriers ( BHO), and TBS International ( TBSI) were all winners today within the transportation industry with Seaspan Corporation ( SSW) being today's featured transportation winner. Seaspan Corporation rose 30 cents (2.3%) to $13.58 on average volume. Throughout the day, 375,843 shares of Seaspan Corporation exchanged hands as compared to its average daily volume of 327,300 shares.

Seaspan Corporation owns and operates the containerships that are engaged in the deep-sea container transportation business in Hong Kong. The company charters its containerships pursuant to long-term, fixed-rate time charters to various container liner companies. Seaspan Corporation has a market cap of $893.1 million and is part of the services sector. The company has a P/E ratio of 19.9, below the average transportation industry P/E ratio of 20.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 6.9% year to date as of the close of trading on Friday.

TheStreet Ratings rates Seaspan as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally poor debt management.

On the negative front, General Maritime Corporation ( GMR), Excel Maritime Carriers ( EXM), AMR ( AMR), and Scorpio Tankers Inc ( STNG) were all losers within the transportation industry with FedEx Corporation ( FDX) being today's transportation industry Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the transportation industry could consider iShares Dow Jones Transportation ( IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials ( SIJ).

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