4 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 28 points (-0.2%) at 13,217 as of Thursday, Dec. 13, 2012, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,125 issues advancing vs. 1,742 declining with 157 unchanged.

The Transportation industry currently sits up 0.5% versus the S&P 500, which is down 0.3%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Southwest Airlines ( LUV) is one of the companies pushing the Transportation industry higher today. As of noon trading, Southwest Airlines is up $0.09 (0.9%) to $10.11 on light volume Thus far, 2.3 million shares of Southwest Airlines exchanged hands as compared to its average daily volume of 6.5 million shares. The stock has ranged in price between $10.00-$10.23 after having opened the day at $10.03 as compared to the previous trading day's close of $10.02.

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 $7.5 billion and is part of the services sector. The company has a P/E ratio of 15.6, 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 7 analysts that rate Southwest Airlines a buy, 1 analyst rates it a sell, and 5 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, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Southwest Airlines Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

3. As of noon trading, United Continental Holdings ( UAL) is up $1.14 (5.3%) to $22.55 on heavy volume Thus far, 3.2 million shares of United Continental Holdings exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $21.38-$22.85 after having opened the day at $21.38 as compared to the previous trading day's close of $21.41.

United Continental Holdings, Inc., through its subsidiaries, engages in the provision of passenger and cargo air transportation services. United Continental Holdings has a market cap of $7.2 billion and is part of the services sector. Shares are up 15.1% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate United Continental Holdings a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates United Continental Holdings as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full United Continental Holdings Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

2. As of noon trading, Delta Air Lines ( DAL) is up $0.42 (3.9%) to $11.14 on heavy volume Thus far, 9.9 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 10.1 million shares. The stock has ranged in price between $10.80-$11.28 after having opened the day at $10.87 as compared to the previous trading day's close of $10.72.

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 $9.1 billion and is part of the services sector. The company has a P/E ratio of 6.3, below the S&P 500 P/E ratio of 17.7. Shares are up 32.5% year to date as of the close of trading on Wednesday. Currently there are 9 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 solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Delta Air Lines Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

1. As of noon trading, CSX ( CSX) is up $0.17 (0.9%) to $19.81 on light volume Thus far, 3.1 million shares of CSX exchanged hands as compared to its average daily volume of 9.6 million shares. The stock has ranged in price between $19.60-$19.91 after having opened the day at $19.65 as compared to the previous trading day's close of $19.64.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services. It offers traditional rail service and the transport of intermodal containers and trailers. CSX has a market cap of $20.2 billion and is part of the services sector. The company has a P/E ratio of 10.9, below the S&P 500 P/E ratio of 17.7. Shares are down 7.0% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate CSX a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, growth in earnings per share, expanding profit margins and notable return on equity. 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 CSX Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

If you are interested in one of these 4 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

Whiskey Maker's Outlook Cut by Goldman Sachs Because of Tariffs

Whiskey Maker's Outlook Cut by Goldman Sachs Because of Tariffs

Dow Falls Sharply, Nasdaq Sinks as Wall Street Weighs Trump's New Trade Threats

Dow Falls Sharply, Nasdaq Sinks as Wall Street Weighs Trump's New Trade Threats

Bond Yields to Slide for Rest of Year Amid Trade Turmoil, Morgan Stanley Says

Bond Yields to Slide for Rest of Year Amid Trade Turmoil, Morgan Stanley Says

Boeing Slides as China Premier Li Says Willing to Continue Talks With Airbus

Boeing Slides as China Premier Li Says Willing to Continue Talks With Airbus

Video: 2018 Is Actually a Normal Year for Stock Market Volatility

Video: 2018 Is Actually a Normal Year for Stock Market Volatility