Delta Air Lines Inc (DAL): 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.
(
) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day down 0.1%. By the end of trading, Delta Air Lines rose $0.35 (1.7%) to $20.80 on heavy volume. Throughout the day, 17,836,341 shares of Delta Air Lines exchanged hands as compared to its average daily volume of 10,180,600 shares. The stock ranged in a price between $20.72-$21.64 after having opened the day at $21.05 as compared to the previous trading day's close of $20.45. Other companies within the Transportation industry that increased today were:
(
), up 26.5%,
(
), up 15.2%,
(
), up 9.2% and
(
), up 6.9%.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. Its route network is centered around a system of hub and international gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $17.4 billion and is part of the services sector. Shares are up 71.6% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Delta Air Lines a buy, 1 analyst rates it a sell, and 1 rates it a hold.
TheStreet Ratings rates Delta Air Lines as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.
- You can view the full Delta Air Lines Ratings Report.
On the negative front,
(
), down 7.3%,
(
), down 4.9%,
(
), down 4.8% and
(
), down 4.6% , were all laggards within the transportation industry with
(
) being today's transportation industry laggard.
- Use our transportation section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
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
(
) while those bearish on the transportation industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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