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.
) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day down 0.4%. By the end of trading, Alaska Air Group rose $1.59 (1.9%) to $85.09 on average volume. Throughout the day, 889,570 shares of Alaska Air Group exchanged hands as compared to its average daily volume of 813,100 shares. The stock ranged in a price between $84.30-$86.53 after having opened the day at $85.88 as compared to the previous trading day's close of $83.50. Other companies within the Transportation industry that increased today were:
), up 9.4%,
), up 5.7%,
), up 4.5% and
), up 2.5%.
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Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services in the United States. The company operates through Alaska Mainline and Alaska Regional segments. It serves approximately 100 cities in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Air Group has a market cap of $5.6 billion and is part of the services sector. Shares are up 13.8% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Alaska Air Group a buy, 1 analyst rates it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Alaska Air Group
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, good cash flow from operations 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.
- You can view the full Alaska Air Group Ratings Report.
On the negative front,
), down 7.0%,
), down 5.6%,
), down 4.8% and
), down 4.3% , were all laggards within the transportation industry with
) being today's transportation industry laggard.
- Use our transportation section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the transportation industry could consider
) while those bearish on the transportation industry could consider
- Find other investment ideas from our top rated ETFs lists.