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Alaska Air Group Inc (ALK): Today's Featured Transportation Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Alaska Air Group ( ALK) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day down 0.2%. By the end of trading, Alaska Air Group rose $2.17 (2.3%) to $95.96 on average volume. Throughout the day, 1,033,294 shares of Alaska Air Group exchanged hands as compared to its average daily volume of 780,300 shares. The stock ranged in a price between $94.75-$96.77 after having opened the day at $94.93 as compared to the previous trading day's close of $93.79. Other companies within the Transportation industry that increased today were: Navigator Holdings ( NVGS), up 11.8%, Hawaiian Holdings ( HA), up 6.9%, Tsakos Energy Navigation ( TNP), up 6.4% and Delta Air Lines ( DAL), up 6.1%.

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services in the United States. The company operates through Alaska Mainline and Alaska Regional segments. It serves approximately 100 cities in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Air Group has a market cap of $6.4 billion and is part of the services sector. Shares are up 27.8% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Alaska Air Group a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Alaska Air Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Radiant Logistics ( RLGT), down 4.7%, Ultrapetrol Bahamas ( ULTR), down 4.5%, Box Ships ( TEU), down 3.4% and Saia ( SAIA), down 3.2% , were all laggards within the transportation industry with Canadian Pacific Railway ( CP) being today's transportation industry laggard.

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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