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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.

Alaska Air Group

(

ALK

) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day up 1.7%. By the end of trading, Alaska Air Group fell $1.17 (-1.6%) to $72.33 on average volume. Throughout the day, 961,976 shares of Alaska Air Group exchanged hands as compared to its average daily volume of 657,700 shares. The stock ranged in price between $71.50-$73.92 after having opened the day at $73.82 as compared to the previous trading day's close of $73.50. Other companies within the Transportation industry that declined today were:

Controladora Vuela Compania de Aviacion SAB

(

VLRS

), down 3.1%,

Seanergy Maritime Holdings

(

SHIP

), down 3.0%,

Navios Maritime Partners L.P

(

NMM

TheStreet Recommends

), down 2.0% and

Pacer International

(

PACR

), down 1.8%.

Alaska Air Group, Inc., through its subsidiaries, provides scheduled air transportation for passengers and cargo. Alaska Air Group has a market cap of $4.9 billion and is part of the services sector. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are up 63.8% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Alaska Air Group a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Alaska Air Group

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front,

YRC Worldwide

(

YRCW

), up 21.9%,

Eagle Bulk Shipping

(

EGLE

), up 14.6%,

FreeSeas

(

FREE

), up 12.8% and

Vitran Corporation

(

VTNC

), up 8.3%.

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

(

IYT

) while those bearish on the transportation industry could consider

ProShares UltraShort Industrials

(

SIJ

).

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