3 Transportation Stocks Pushing Industry Growth
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 up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 171 points (1.0%) at 18,028 as of Monday, March 9, 2015, 1:50 PM ET. The NYSE advances/declines ratio sits at 1,589 issues advancing vs. 1,440 declining with 142 unchanged.
The Transportation industry currently sits down 0.3% versus the S&P 500, which is up 0.5%. Top gainers within the industry include
(
), up 1.3%, and
(
), up 0.8%. On the negative front, top decliners within the industry include
(
), down 4.2%, and
(
), down 2.7%.
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, UTi Worldwide is up $0.99 (7.9%) to $13.58 on heavy volume. Thus far, 1.1 million shares of UTi Worldwide exchanged hands as compared to its average daily volume of 837,800 shares. The stock has ranged in price between $13.25-$14.18 after having opened the day at $14.12 as compared to the previous trading day's close of $12.59.
UTi Worldwide Inc., through its subsidiaries, provides non-asset-based supply chain services and solutions worldwide. It operates in two segments, Freight Forwarding, and Contract Logistics and Distribution. UTi Worldwide has a market cap of $1.3 billion and is part of the services sector. Shares are up 4.3% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate UTi Worldwide a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
UTi Worldwide
as a
. Among the areas we feel are negative, one of the most important has been unimpressive growth in net income over time. Get the full
now.
2. As of noon trading,
(
) is up $0.57 (0.9%) to $63.67 on heavy volume. Thus far, 379,062 shares of Ryanair Holdings exchanged hands as compared to its average daily volume of 316,000 shares. The stock has ranged in price between $63.49-$64.34 after having opened the day at $64.15 as compared to the previous trading day's close of $63.10.
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, and Morocco. Ryanair Holdings has a market cap of $17.7 billion and is part of the services sector. Shares are down 11.5% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Ryanair Holdings a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Ryanair Holdings
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full
Ryanair Holdings Ratings Report
now.
1. As of noon trading,
(
) is up $1.17 (1.0%) to $117.62 on light volume. Thus far, 1.3 million shares of Union Pacific exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $116.20-$117.66 after having opened the day at $116.38 as compared to the previous trading day's close of $116.45.
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. Union Pacific has a market cap of $104.3 billion and is part of the services sector. Shares are down 2.2% year-to-date as of the close of trading on Friday. Currently there are 14 analysts who rate Union Pacific a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Union Pacific
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, revenue growth, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full
now.
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
(
).
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