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 lower today making it today's featured Transportation laggard. The industry as a whole closed the day down 2.0%. By the end of trading, Delta Air Lines fell $0.47 (-1.4%) to $33.96 on average volume. Throughout the day, 11,950,157 shares of Delta Air Lines exchanged hands as compared to its average daily volume of 12,586,800 shares. The stock ranged in price between $33.91-$34.55 after having opened the day at $34.50 as compared to the previous trading day's close of $34.43. Other companies within the Transportation industry that declined today were:
), down 12.2%,
), down 10.1%,
), down 6.3% and
), down 6.1%.
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Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. Its route network comprises various gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $28.3 billion and is part of the services sector. Shares are up 25.3% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Delta Air Lines a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Delta Air Lines
. The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels, good cash flow from operations, solid stock price performance and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Delta Air Lines Ratings Report.
On the positive front,
), up 2.0%,
), up 1.6% and
), up 1.5% , were all gainers within the transportation industry with
) being today's featured transportation industry leader.
- 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.