3 Transportation Stocks Driving The Industry Higher
One out of the three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 13 points (0.1%) at 17,825 as of Wednesday, Nov. 25, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,660 issues advancing vs. 1,252 declining with 187 unchanged.
The Transportation industry currently sits down 0.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include
(
), down 1.3%, and
(
), down 1.2%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Transportation industry higher today. As of noon trading, Canadian Pacific Railway is up $1.28 (0.9%) to $147.73 on light volume. Thus far, 184,955 shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $146.10-$148.14 after having opened the day at $146.28 as compared to the previous trading day's close of $146.45.
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Canadian Pacific Railway Limited, through its subsidiaries, operates a transcontinental railway in Canada and the United States. The company provides logistics and supply chain expertise services. Canadian Pacific Railway has a market cap of $22.4 billion and is part of the services sector. Shares are down 24.0% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate Canadian Pacific Railway a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Canadian Pacific Railway
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
Canadian Pacific Railway Ratings Report
now.
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2. As of noon trading,
(
) is up $1.03 (1.1%) to $95.58 on light volume. Thus far, 643,407 shares of Norfolk Southern exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $94.14-$96.17 after having opened the day at $94.14 as compared to the previous trading day's close of $94.55.
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Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. As of December 31, 2014, it operated approximately 20,000 miles of road in 22 states and the District of Columbia. Norfolk Southern has a market cap of $28.5 billion and is part of the services sector. Shares are down 13.7% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Norfolk Southern a buy, 2 analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
Norfolk Southern
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
Norfolk Southern Ratings Report
now.
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1. As of noon trading,
(
) is up $0.53 (0.6%) to $84.78 on light volume. Thus far, 1.5 million shares of Union Pacific exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $84.27-$84.95 after having opened the day at $84.43 as compared to the previous trading day's close of $84.25.
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Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. Union Pacific has a market cap of $72.7 billion and is part of the services sector. Shares are down 28.8% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate Union Pacific a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Union Pacific
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the transportation industry could consider
iShares Dow Jones Transportation
(
) while those bearish on the transportation industry could consider
ProShares UltraShort Industrials
(
).