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 1.0%. By the end of trading, Norfolk Southern Corporation rose $1.09 (1.1%) to $96.35 on light volume. Throughout the day, 1,168,709 shares of Norfolk Southern Corporation exchanged hands as compared to its average daily volume of 2,297,600 shares. The stock ranged in a price between $95.43-$96.84 after having opened the day at $95.69 as compared to the previous trading day's close of $95.26. Other companies within the Transportation industry that increased today were:
), up 18.2%,
), up 5.7%,
), up 5.6% and
), up 4.8%.
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Norfolk Southern Corporation, together with its subsidiaries, is engaged in the rail transportation of raw materials, intermediate products, and finished goods. As of December 31, 2013, it operated approximately 20,000 miles of road in 22 states and the District of Columbia. Norfolk Southern Corporation has a market cap of $31.7 billion and is part of the services sector. Shares are up 2.6% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Norfolk Southern Corporation a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Norfolk Southern Corporation
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Norfolk Southern Corporation Ratings Report.
On the negative front,
), down 2.4%,
), down 2.1%,
), down 2.1% and
), down 1.9% , 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.