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5 Stocks Underperforming Today In The Transportation Industry

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 41 points (-0.3%) at 15,444 as of Tuesday, July 16, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 951 issues advancing vs. 1,969 declining with 95 unchanged.

The Transportation industry currently sits down 0.2% versus the S&P 500, which is down 0.4%. A company within the industry that increased today was LATAM Airlines Group S.A ( LFL), up 1.3%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Teekay Offshore Partners L.P ( TOO) is one of the companies pushing the Transportation industry lower today. As of noon trading, Teekay Offshore Partners L.P is down $0.63 (-1.8%) to $35.28 on average volume. Thus far, 119,930 shares of Teekay Offshore Partners L.P exchanged hands as compared to its average daily volume of 222,000 shares. The stock has ranged in price between $35.03-$36.08 after having opened the day at $35.76 as compared to the previous trading day's close of $35.91.

Teekay Offshore Partners L.P. provides marine transportation, oil production, and storage services to the offshore oil industry in the North Sea and Brazil. Teekay Offshore Partners L.P has a market cap of $2.8 billion and is part of the services sector. Shares are up 37.8% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Teekay Offshore Partners L.P a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Teekay Offshore Partners L.P as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and generally higher debt management risk. Get the full Teekay Offshore Partners L.P Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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