Copa Holdings

(

CPA

) 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, Copa Holdings rose 96 cents (1.2%) to $82.03 on light volume. Throughout the day, 292,740 shares of Copa Holdings exchanged hands as compared to its average daily volume of 411,500 shares. The stock ranged in a price between $81.22-$82.34 after having opened the day at $81.57 as compared to the previous trading day's close of $81.07. Other companies within the Transportation industry that increased today were:

Patriot Transportation Holdings

(

PATR

), up 8.6%,

Scorpio Tankers

(

STNG

), up 8.5%,

Paragon Shipping

(

PRGN

), up 7.3%, and

Newlead Holdings

(

NEWL

), up 7.2%.

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Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers air transportation services for leisure and business travelers; and cargo and courier services. Copa Holdings has a market cap of $2.76 billion and is part of the

services

sector. The company has a P/E ratio of 11.6, below the average transportation industry P/E ratio of 17.7 and below the S&P 500 P/E ratio of 17.7. Shares are up 41.3% year to date as of the close of trading on Thursday. Currently there are nine analysts that rate Copa Holdings a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Copa Holdings as a

buy

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

On the negative front,

FreeSeas

(

FREE

), down 8.9%,

Eagle Bulk Shipping

(

EGLE

), down 7.7%,

Ultrapetrol Bahamas

(

ULTR

), down 5%, and

Euroseas

(

ESEA

), down 4.3%, were all losers within the transportation industry with

Norfolk Southern Corporation

(

NSC

) being today's transportation industry loser.

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

).

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