5 Stocks Pushing The Transportation Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 27 points (-0.2%) at 12,904 as of Thursday, Nov. 8, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,218 issues advancing vs. 1,656 declining with 135 unchanged.

The Transportation industry currently sits down 0.3% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Matson ( MATX), up 11.6%, and United Continental Holdings ( UAL), up 2.3%. A company within the industry that fell today was Pacific Airport Group ( PAC), up 3.0%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Teekay Corporation ( TK) is one of the companies pushing the Transportation industry higher today. As of noon trading, Teekay Corporation is up $0.76 (2.4%) to $31.87 on light volume Thus far, 66,364 shares of Teekay Corporation exchanged hands as compared to its average daily volume of 301,500 shares. The stock has ranged in price between $31.02-$31.98 after having opened the day at $31.18 as compared to the previous trading day's close of $31.11.

Teekay Corporation engages in the marine transportation of crude oil and gas in Bermuda and internationally. Teekay Corporation has a market cap of $2.2 billion and is part of the services sector. The company has a P/E ratio of -6.5, below the S&P 500 P/E ratio of 17.7. Shares are up 19.3% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Teekay Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Teekay Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow. Get the full Teekay Corporation Ratings Report now.

4. As of noon trading, Ryanair Holdings ( RYAAY) is up $0.69 (2.0%) to $35.27 on average volume Thus far, 185,604 shares of Ryanair Holdings exchanged hands as compared to its average daily volume of 275,400 shares. The stock has ranged in price between $34.61-$35.34 after having opened the day at $34.62 as compared to the previous trading day's close of $34.58.

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, and Morocco. Ryanair Holdings has a market cap of $10.0 billion and is part of the services sector. The company has a P/E ratio of 13.7, below the S&P 500 P/E ratio of 17.7. Shares are up 24.8% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Ryanair Holdings a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Ryanair Holdings as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Ryanair Holdings Ratings Report now.

3. As of noon trading, Copa Holdings ( CPA) is up $2.80 (3.0%) to $97.68 on heavy volume Thus far, 223,211 shares of Copa Holdings exchanged hands as compared to its average daily volume of 260,900 shares. The stock has ranged in price between $95.56-$98.99 after having opened the day at $95.85 as compared to the previous trading day's close of $94.88.

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 $3.2 billion and is part of the services sector. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. Shares are up 64.4% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Copa Holdings a buy, no analysts rate it a sell, and 2 rate 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, 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. Get the full Copa Holdings Ratings Report now.

2. As of noon trading, Southwest Airlines ( LUV) is up $0.14 (1.6%) to $9.16 on light volume Thus far, 2.1 million shares of Southwest Airlines exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $8.99-$9.20 after having opened the day at $9.01 as compared to the previous trading day's close of $9.01.

Southwest Airlines Co. engages in the operation of a passenger airline that provides scheduled air transportation in the United States. Southwest Airlines has a market cap of $6.8 billion and is part of the services sector. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7. Shares are up 6.9% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Southwest Airlines a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Southwest Airlines as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Southwest Airlines Ratings Report now.

1. As of noon trading, Delta Air Lines ( DAL) is up $0.24 (2.4%) to $10.18 on average volume Thus far, 4.3 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 10.6 million shares. The stock has ranged in price between $9.83-$10.28 after having opened the day at $9.87 as compared to the previous trading day's close of $9.94.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates at airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $8.5 billion and is part of the services sector. The company has a P/E ratio of 6.0, below the S&P 500 P/E ratio of 17.7. Shares are up 22.9% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Delta Air Lines a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Delta Air Lines as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full Delta Air Lines Ratings Report now.

If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing