CH Robinson Worldwide Inc. (CHRW): Today's Featured Transportation Winner
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 up 0.5%. By the end of trading, CH Robinson Worldwide rose $1.63 (2.9%) to $58.83 on heavy volume. Throughout the day, 2,682,681 shares of CH Robinson Worldwide exchanged hands as compared to its average daily volume of 1,226,700 shares. The stock ranged in a price between $57.90-$60.57 after having opened the day at $57.90 as compared to the previous trading day's close of $57.20. Other companies within the Transportation industry that increased today were:
(
), up 14.1%,
(
), up 9.8%,
(
), up 9.6% and
(
), up 7.7%.
C.H. Robinson Worldwide, Inc., a third-party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. CH Robinson Worldwide has a market cap of $9.1 billion and is part of the services sector. Shares are down 9.5% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate CH Robinson Worldwide a buy, 6 analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
CH Robinson Worldwide
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full CH Robinson Worldwide Ratings Report.
On the negative front,
(
), down 9.0%,
(
), down 4.2%,
(
), down 4.1% and
(
), down 2.6% , 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
iShares Dow Jones Transportation
(
) while those bearish on the transportation industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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