TheStreet Ratings group would like to highlight 5 stocks pushing the transportation industry higher today, Nov. 15, 2012.Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelAll three major indices are trading down today with the Dow Jones Industrial Average (^DJI) trading down 46 points (-0.4%) at 12,524 as of Thursday, Nov. 15, 2012, 12:05 PM ET. The NYSE advances/declines ratio sits at 887 issues advancing vs. 2,072 declining with 104 unchanged.The Transportation industry currently sits down 2.0% versus the S&P 500, which is down 0.5%. Top gainers within the industry include Spirit Airlines (SAVE), up 7.7%, and Grupo Aeroportuario del Sureste S.A.B. de (ASR), up 2.7%. On the negative front, top decliners within the industry include Safe Bulkers (SB), down 32.4%, DryShips (DRYS), down 14.2%, CSX (CSX), down 1.5%, Norfolk Southern Corporation (NSC), down 1.0% and Canadian National Railway (CNI), down 0.8%.TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:5. JetBlue Airways Corporation (JBLU) is one of the companies pushing the Transportation industry higher today. As of noon trading, JetBlue Airways Corporation is up $0.14 (2.7%) to $5.11 on average volume Thus far, 1.6 million shares of JetBlue Airways Corporation exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $4.95-$5.18 after having opened the day at $4.96 as compared to the previous trading day's close of $4.98. JetBlue Airways Corporation provides passenger air transportation services in the United States. As of August 10, 2012, the company operated approximately 700 daily flights through a fleet of 175 Airbus and EMBRAER aircrafts. JetBlue Airways Corporation has a market cap of $1.5 billion and is part of the services sector. The company has a P/E ratio of 11.5, below the S&P 500 P/E ratio of 17.7. Shares are up 1.5% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate JetBlue Airways Corporation a buy, 2 analysts rate it a sell, and 5 rate it a hold.TheStreet Ratings rates JetBlue Airways Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full JetBlue Airways Corporation Ratings Report now.
Latest Headlines about ALK
Latest from TheStreet Wire
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV