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.

All three major indices traded up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 188 points (1.1%) at 17,006 as of Tuesday, Oct. 28, 2014, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,601 issues advancing vs. 503 declining with 115 unchanged.

The Transportation industry as a whole closed the day up 3.0% versus the S&P 500, which was up 1.2%. Top gainers within the Transportation industry included

China Metro-Rural Holdings

(

CNR

), up 2.8%,

PHI

(

PHII

), up 4.9%,

Pangaea Logistics Solutions

(

PANL

), up 2.3%,

Air T

(

AIRT

), up 2.0% and

Box Ships

(

TEU

), up 2.8%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

TheStreet Recommends

Pangaea Logistics Solutions

(

PANL

) is one of the companies that pushed the Transportation industry higher today. Pangaea Logistics Solutions was up $0.15 (2.3%) to $6.70 on light volume. Throughout the day, 1,275 shares of Pangaea Logistics Solutions exchanged hands as compared to its average daily volume of 16,200 shares. The stock ranged in a price between $6.62-$6.75 after having opened the day at $6.68 as compared to the previous trading day's close of $6.55.

Pangaea Logistics Solutions has a market cap of $84.3 million and is part of the services sector. Shares are down 30.9% year-to-date as of the close of trading on Monday.

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

At the close,

PHI

(

PHII

) was up $1.91 (4.9%) to $41.00 on average volume. Throughout the day, 1,095 shares of PHI exchanged hands as compared to its average daily volume of 1,000 shares. The stock ranged in a price between $40.00-$41.00 after having opened the day at $40.00 as compared to the previous trading day's close of $39.09.

PHI, Inc. provides helicopter transportation services to the oil and gas exploration, development, and production industry, principally in the Gulf of Mexico. The company operates in three business segments: Oil and Gas, Air Medical, and Technical Services. PHI has a market cap of $116.8 million and is part of the services sector. Shares are up 1.2% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate PHI a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Ratings rates

PHI

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from TheStreet Ratings analysis on PHII go as follows:

  • Despite its growing revenue, the company underperformed as compared with the industry average of 9.9%. Since the same quarter one year prior, revenues slightly increased by 8.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Net operating cash flow has increased to $39.17 million or 41.91% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 17.80%.
  • PHII's debt-to-equity ratio of 0.88 is somewhat low overall, but it is high when compared to the industry average, implying that the management of the debt levels should be evaluated further. Even though the debt-to-equity ratio shows mixed results, the company's quick ratio of 4.14 is very high and demonstrates very strong liquidity.
  • Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • PHI INC's earnings per share declined by 32.0% in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, PHI INC increased its bottom line by earning $3.77 versus $1.16 in the prior year.

You can view the full analysis from the report here:

PHI Ratings Report

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

China Metro-Rural Holdings

(

CNR

) was another company that pushed the Transportation industry higher today. China Metro-Rural Holdings was up $0.03 (2.8%) to $0.94 on light volume. Throughout the day, 400 shares of China Metro-Rural Holdings exchanged hands as compared to its average daily volume of 9,900 shares. The stock ranged in a price between $0.93-$0.94 after having opened the day at $0.94 as compared to the previous trading day's close of $0.91.

China Metro-Rural Holdings has a market cap of $69.1 million and is part of the services sector. Shares are up 4.4% year-to-date as of the close of trading on Monday.

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.