3 Transportation Stocks Nudging The 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 46 points (-0.3%) at 14,513 as of Wednesday, March 27, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,149 issues advancing vs. 1,749 declining with 144 unchanged.

The Transportation industry currently sits up 0.3% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Diana Shipping ( DSX), up 8.0%, and Union Pacific ( UNP), up 0.6%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Canadian National Railway ( CNI) is one of the companies pushing the Transportation industry higher today. As of noon trading, Canadian National Railway is up $0.60 (0.6%) to $98.82 on average volume Thus far, 235,750 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 582,000 shares. The stock has ranged in price between $97.32-$98.92 after having opened the day at $98.06 as compared to the previous trading day's close of $98.22.

Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business in North America. Canadian National Railway has a market cap of $41.3 billion and is part of the services sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are up 7.9% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Canadian National Railway a buy, 2 analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Canadian National Railway as a buy. 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 notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Canadian National Railway Ratings Report now.

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2. As of noon trading, Southwest Airlines ( LUV) is up $0.16 (1.2%) to $13.10 on average volume Thus far, 4.8 million shares of Southwest Airlines exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $12.84-$13.22 after having opened the day at $12.86 as compared to the previous trading day's close of $12.95.

Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States. As of December 31, 2012, the company operated 694 aircraft, including 606 Boeing 737 aircraft and 88 Boeing 717 aircraft. Southwest Airlines has a market cap of $9.4 billion and is part of the services sector. The company has a P/E ratio of 23.0, above the S&P 500 P/E ratio of 17.7. Shares are up 26.5% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Southwest Airlines a buy, 1 analyst rates it a sell, and 4 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, revenue growth, attractive valuation levels, 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 Southwest Airlines Ratings Report now.

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1. As of noon trading, United Continental Holdings ( UAL) is up $0.24 (0.8%) to $32.03 on light volume Thus far, 1.3 million shares of United Continental Holdings exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $31.57-$32.15 after having opened the day at $31.60 as compared to the previous trading day's close of $31.79.

United Continental Holdings, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates in six continents from its hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York/Newark, San Francisco, Tokyo, and Washington, D.C. United Continental Holdings has a market cap of $10.6 billion and is part of the services sector. Shares are up 10.2% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate United Continental Holdings a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates United Continental Holdings as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full United Continental Holdings Ratings Report now.

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If you are interested in one of these 3 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.

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