3 Stocks Raising 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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 14,565 as of Thursday, April 4, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,512 issues advancing vs. 1,354 declining with 153 unchanged.

The Transportation industry currently sits down 0.4% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Alaska Air Group ( ALK), up 2.5%, and Delta Air Lines ( DAL), up 0.8%.

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

3. Expeditors International of Washington ( EXPD) is one of the companies pushing the Transportation industry higher today. As of noon trading, Expeditors International of Washington is up $0.30 (0.8%) to $35.92 on average volume Thus far, 1.1 million shares of Expeditors International of Washington exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $35.55-$36.22 after having opened the day at $35.71 as compared to the previous trading day's close of $35.62.

Expeditors International of Washington, Inc. provides logistics services in the United States and internationally. Expeditors International of Washington has a market cap of $7.3 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 down 9.9% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Expeditors International of Washington a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Expeditors International of Washington 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 and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Expeditors International of Washington Ratings Report now.

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