5 Stocks Pushing The Transportation Industry Higher

TheStreet Ratings group would like to highlight 5 stocks pushing the transportation industry higher today, Nov. 15, 2012.

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 46 points (-0.4%) at 12,524 as of Thursday, Nov. 15, 2012, 12:05 PM ET. The NYSE advances/declines ratio sits at 887 issues advancing vs. 2,072 declining with 104 unchanged.

The Transportation industry currently sits down 2.0% versus the S&P 500, which is down 0.5%. Top gainers within the industry include Spirit Airlines ( SAVE), up 7.7%, and Grupo Aeroportuario del Sureste S.A.B. de ( ASR), up 2.7%. On the negative front, top decliners within the industry include Safe Bulkers ( SB), down 32.4%, DryShips ( DRYS), down 14.2%, CSX ( CSX), down 1.5%, Norfolk Southern Corporation ( NSC), down 1.0% and Canadian National Railway ( CNI), down 0.8%.

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

5. JetBlue Airways Corporation ( JBLU) is one of the companies pushing the Transportation industry higher today. As of noon trading, JetBlue Airways Corporation is up $0.14 (2.7%) to $5.11 on average volume Thus far, 1.6 million shares of JetBlue Airways Corporation exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $4.95-$5.18 after having opened the day at $4.96 as compared to the previous trading day's close of $4.98.

JetBlue Airways Corporation provides passenger air transportation services in the United States. As of August 10, 2012, the company operated approximately 700 daily flights through a fleet of 175 Airbus and EMBRAER aircrafts. JetBlue Airways Corporation has a market cap of $1.5 billion and is part of the services sector. The company has a P/E ratio of 11.5, below the S&P 500 P/E ratio of 17.7. Shares are up 1.5% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate JetBlue Airways Corporation a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates JetBlue Airways Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, attractive valuation levels 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 JetBlue Airways Corporation Ratings Report now.

4. As of noon trading, Alaska Air Group ( ALK) is up $0.65 (1.6%) to $41.17 on average volume Thus far, 308,822 shares of Alaska Air Group exchanged hands as compared to its average daily volume of 645,400 shares. The stock has ranged in price between $40.07-$41.50 after having opened the day at $40.50 as compared to the previous trading day's close of $40.52.

Alaska Air Group, Inc., through its subsidiaries, provides scheduled air transportation for passengers and cargo. Alaska Air Group has a market cap of $2.9 billion and is part of the services sector. The company has a P/E ratio of 8.9, below the S&P 500 P/E ratio of 17.7. Shares are up 10.1% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Alaska Air Group a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Alaska Air Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Alaska Air Group Ratings Report now.

3. As of noon trading, Canadian Pacific Railway ( CP) is up $0.23 (0.2%) to $91.00 on heavy volume Thus far, 637,506 shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 490,700 shares. The stock has ranged in price between $90.54-$92.27 after having opened the day at $90.54 as compared to the previous trading day's close of $90.77.

Canadian Pacific Railway Limited, through its subsidiaries, operates as a transcontinental railway providing freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States. Canadian Pacific Railway has a market cap of $15.9 billion and is part of the services sector. The company has a P/E ratio of 22.5, above the S&P 500 P/E ratio of 17.7. Shares are up 35.8% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Canadian Pacific Railway a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates Canadian Pacific Railway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Canadian Pacific Railway Ratings Report now.

2. As of noon trading, Southwest Airlines ( LUV) is up $0.16 (1.9%) to $8.92 on average volume Thus far, 2.5 million shares of Southwest Airlines exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $8.74-$8.95 after having opened the day at $8.76 as compared to the previous trading day's close of $8.76.

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 $6.7 billion and is part of the services sector. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Shares are up 5.5% 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 solid stock price performance, compelling growth in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures 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 $0.07 (0.7%) to $9.63 on average volume Thus far, 5.2 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 $9.52-$9.80 after having opened the day at $9.56 as compared to the previous trading day's close of $9.56.

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 $8.7 billion and is part of the services sector. The company has a P/E ratio of 6.1, below the S&P 500 P/E ratio of 17.7. Shares are up 18.2% 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

If you liked this article you might like

Haters Have an Incredible New Chance to Send the Bull Market in Stocks Crashing

Haters Have an Incredible New Chance to Send the Bull Market in Stocks Crashing

Earnings Season Guessing Games: Cramer's 'Mad Money' Recap (Friday 1/19/18)

Earnings Season Guessing Games: Cramer's 'Mad Money' Recap (Friday 1/19/18)

JetBlue, Southwest, Mondelez International: 'Mad Money' Lightning Round

JetBlue, Southwest, Mondelez International: 'Mad Money' Lightning Round

Advancing Storm Bringing High Winds, Heavy Snow to Northeast Thursday

Advancing Storm Bringing High Winds, Heavy Snow to Northeast Thursday

3 Airlines Ready for Takeoff

3 Airlines Ready for Takeoff