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 are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 106.38 points (-0.6%) at 17,321 as of Thursday, Jan. 15, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,098 issues advancing vs. 2,009 declining with 122 unchanged.

The Transportation industry as a whole closed the day down 1.4% versus the S&P 500, which was down 0.9%. Top gainers within the Transportation industry included

Danaos

(

DAC

), up 4.0%,

Air T

(

AIRT

), up 2.1%,

Eagle Bulk Shipping

(

EGLE

), up 2.4%,

Dynagas LNG Partners

(

DLNG

), up 1.8% and

USD Partners

(

USDP

), up 1.8%.

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

Eagle Bulk Shipping

(

EGLE

) is one of the companies that pushed the Transportation industry higher today. Eagle Bulk Shipping was up $0.30 (2.4%) to $13.26 on light volume. Throughout the day, 27,910 shares of Eagle Bulk Shipping exchanged hands as compared to its average daily volume of 66,200 shares. The stock ranged in a price between $12.86-$13.48 after having opened the day at $13.07 as compared to the previous trading day's close of $12.95.

Eagle Bulk Shipping has a market cap of $517.0 million and is part of the industrial goods sector. Shares are down 7.4% year-to-date as of the close of trading on Wednesday.

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,

Air T

(

AIRT

) was up $0.43 (2.1%) to $21.27 on light volume. Throughout the day, 7,820 shares of Air T exchanged hands as compared to its average daily volume of 27,200 shares. The stock ranged in a price between $20.53-$21.35 after having opened the day at $20.60 as compared to the previous trading day's close of $20.84.

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sales, and ground support services in the United States and internationally. Air T has a market cap of $50.6 million and is part of the industrial goods sector. Shares are down 16.0% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate Air T 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

Air T

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

Highlights from TheStreet Ratings analysis on AIRT go as follows:

  • The revenue growth greatly exceeded the industry average of 5.2%. Since the same quarter one year prior, revenues rose by 43.1%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • AIRT's debt-to-equity ratio is very low at 0.05 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 2.83, which clearly demonstrates the ability to cover short-term cash needs.
  • Powered by its strong earnings growth of 327.77% and other important driving factors, this stock has surged by 84.88% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, AIRT should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Air Freight & Logistics industry. The net income increased by 298.7% when compared to the same quarter one year prior, rising from $0.46 million to $1.82 million.

You can view the full analysis from the report here:

Air T 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.

Danaos

(

DAC

) was another company that pushed the Transportation industry higher today. Danaos was up $0.20 (4.0%) to $5.25 on average volume. Throughout the day, 16,715 shares of Danaos exchanged hands as compared to its average daily volume of 21,200 shares. The stock ranged in a price between $5.01-$5.25 after having opened the day at $5.02 as compared to the previous trading day's close of $5.05.

Danaos Corporation, together with its subsidiaries, is engaged in the ownership and operation of containerships, as well as chartering of its vessels to liner companies in Greece and internationally. It primarily offers seaborne transportation services. Danaos has a market cap of $553.8 million and is part of the industrial goods sector. Shares are down 7.7% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate Danaos a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Danaos as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself.

Highlights from TheStreet Ratings analysis on DAC go as follows:

  • DANAOS CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, DANAOS CORP turned its bottom line around by earning $0.34 versus -$0.95 in the prior year. This year, the market expects an improvement in earnings ($0.48 versus $0.34).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Marine industry. The net income increased by 155.0% when compared to the same quarter one year prior, rising from $8.79 million to $22.41 million.
  • The revenue fell significantly faster than the industry average of 24.8%. Since the same quarter one year prior, revenues slightly dropped by 6.0%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • DAC has underperformed the S&P 500 Index, declining 21.12% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
  • The debt-to-equity ratio is very high at 4.25 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with this, the company manages to maintain a quick ratio of 0.24, which clearly demonstrates the inability to cover short-term cash needs.

You can view the full analysis from the report here:

Danaos 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.

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.