3 Stocks Raising The Transportation Industry Higher
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.
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 76 points (-0.4%) at 18,051 as of Friday, May 29, 2015, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,058 issues advancing vs. 1,892 declining with 171 unchanged.
The Transportation industry currently sits down 0.6% versus the S&P 500, which is down 0.3%. A company within the industry that increased today was
(
), up 1.1%. On the negative front, top decliners within the industry include
(
), down 7.5%,
(
), down 5.1%,
(
), down 1.6%,
(
), down 1.4% and
(
), down 0.7%.
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, Southwest Airlines is up $0.29 (0.8%) to $37.10 on average volume. Thus far, 5.3 million shares of Southwest Airlines exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $36.42-$37.25 after having opened the day at $36.75 as compared to the previous trading day's close of $36.81.
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Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft. Southwest Airlines has a market cap of $24.7 billion and is part of the services sector. Shares are down 13.0% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate Southwest Airlines a buy, 2 analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Southwest Airlines
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full
Southwest Airlines Ratings Report
now.
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2. As of noon trading,
(
) is up $1.10 (2.1%) to $54.59 on average volume. Thus far, 3.4 million shares of United Continental Holdings exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $52.80-$54.70 after having opened the day at $53.54 as compared to the previous trading day's close of $53.49.
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United Continental Holdings, Inc., together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. United Continental Holdings has a market cap of $20.5 billion and is part of the services sector. Shares are down 20.0% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate United Continental Holdings a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
United Continental Holdings
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full
United Continental Holdings Ratings Report
now.
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1. As of noon trading,
(
) is up $0.66 (1.6%) to $42.91 on average volume. Thus far, 6.6 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 12.1 million shares. The stock has ranged in price between $41.89-$43.00 after having opened the day at $42.15 as compared to the previous trading day's close of $42.25.
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.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. The company operates in two segments, Airline and Refinery. Its route network comprises various gateway airports in Amsterdam, Detroit, Los Angeles, Minneapolis-St. Delta Air Lines has a market cap of $34.7 billion and is part of the services sector. Shares are down 14.1% year-to-date as of the close of trading on Thursday. Currently there are 12 analysts who rate Delta Air Lines a buy, no analysts rate 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 revenue growth, good cash flow from operations, solid stock price performance, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
Delta Air Lines Ratings Report
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
(
).
