Today's Transportation Gainers Led By United Continental Holdings Inc (UAL)

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.

United Continental Holdings ( UAL) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day up 0.6%. By the end of trading, United Continental Holdings rose 78 cents (2.7%) to $30.05 on average volume. Throughout the day, 4.1 million shares of United Continental Holdings exchanged hands as compared to its average daily volume of 5.1 million shares. The stock ranged in a price between $28.87-$30.13 after having opened the day at $29.39 as compared to the previous trading day's close of $29.27. Other companies within the Transportation industry that increased today were: Gol Intelligent Airlines ( GOL), up 9.6%, Era Group ( ERA), up 9.5%, P.A.M. Transportation ( PTSI), up 8.2%, and YRC Worldwide ( YRCW), up 7.7%.
  • 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.

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 $9.75 billion and is part of the services sector. Shares are up 10.2% year to date as of the close of trading on Friday. Currently there are six analysts that rate United Continental Holdings a buy, one analyst rates it a sell, and five 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.

For investors not wanting singular stock exposure, 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).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

Closing Bell: LIVE MARKETS BLOG

Closing Bell: LIVE MARKETS BLOG

Dollar Traders Believe What They See, Not What They Hear: Market Recon

Dollar Traders Believe What They See, Not What They Hear: Market Recon

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

Tesla Refutes Report of Model 3 Delays: LIVE MARKETS BLOG

Tesla Refutes Report of Model 3 Delays: LIVE MARKETS BLOG

Jim Cramer: Stocks Can Go Down, Even the Best Ones

Jim Cramer: Stocks Can Go Down, Even the Best Ones