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 1.1%. By the end of trading, Canadian Pacific Railway rose $5.75 (4.0%) to $147.61 on heavy volume. Throughout the day, 2,817,659 shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 499,300 shares. The stock ranged in a price between $139.37-$153.68 after having opened the day at $141.19 as compared to the previous trading day's close of $141.86. Other companies within the Transportation industry that increased today were:
), up 9.9%,
), up 3.5%,
), up 3.2% and
), up 2.4%.
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Canadian Pacific Railway Limited, through its subsidiaries, operates as a transcontinental railway providing freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States. Canadian Pacific Railway has a market cap of $24.8 billion and is part of the services sector. The company has a P/E ratio of 32.0, above the S&P 500 P/E ratio of 17.7. Shares are down 6.2% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Canadian Pacific Railway a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Canadian Pacific Railway
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full Canadian Pacific Railway Ratings Report.
On the negative front,
), down 8.6%,
), down 6.0%,
), down 4.9% and
), down 4.9% , 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.