Norfolk Southern Corporation (NSC): Today's Featured Transportation Loser

Norfolk Southern Corporation ( NSC) pushed the Transportation industry lower today making it today's featured Transportation loser. The industry as a whole closed the day down 0.5%. By the end of trading, Norfolk Southern Corporation fell 48 cents (-0.7%) to $72.89 on light volume. Throughout the day, 1.8 million shares of Norfolk Southern Corporation exchanged hands as compared to its average daily volume of 3.7 million shares. The stock ranged in price between $72.37-$73.56 after having opened the day at $73.32 as compared to the previous trading day's close of $73.37. Other company's within the Transportation industry that declined today were: Seanergy Maritime Holdings ( SHIP), down 6%, Arkansas Best Corporation ( ABFS), down 5.7%, Eagle Bulk Shipping ( EGLE), down 5.2%, and Sino-Global Shipping America ( SINO), down 4.6%.

Norfolk Southern Corporation, through its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the United States. Norfolk Southern Corporation has a market cap of $25.42 billion and is part of the services sector. Currently there are 14 analysts that rate Norfolk Southern Corporation a buy, one analyst rates it a sell, and eight rate it a hold.

TheStreet Ratings rates Norfolk Southern Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, YRC Worldwide ( YRCW), up 11.8%, Excel Maritime Carriers ( EXM), up 7.5%, Danaos Corporation ( DAC), up 6.8%, and Saia ( SAIA), up 4.5%, were all gainers within the transportation industry with Frontline ( FRO) being today's featured transportation industry winner.

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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