5 Transportation Stocks Driving 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 34 points (-0.2%) at 14,831 as of Friday, April 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 825 issues advancing vs. 2,080 declining with 130 unchanged.

The Transportation industry currently sits down 0.88 versus the S&P 500, which is down 0.51. A company within the industry that increased today was Spirit Airlines ( SAVE), up 2.57. On the negative front, top decliners within the industry include Kirby ( KEX), down 1.94, LATAM Airlines Group S.A ( LFL), down 1.29 and FedEx Corporation ( FDX), down 0.52.

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

5. Swift Transportation ( SWFT) is one of the companies pushing the Transportation industry higher today. As of noon trading, Swift Transportation is up $0.60 (4.43) to $14.14 on average volume Thus far, 1.3 million shares of Swift Transportation exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $13.27-$14.26 after having opened the day at $13.31 as compared to the previous trading day's close of $13.54.

Swift Transportation Company operates as a multi-faceted transportation services company and truckload carrier in North America. Swift Transportation has a market cap of $1.2 billion and is part of the services sector. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are up 48.5% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Swift Transportation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally higher debt management risk. Get the full Swift Transportation Ratings Report now.

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4. As of noon trading, Copa Holdings ( CPA) is up $1.49 (1.31) to $115.00 on average volume Thus far, 162,234 shares of Copa Holdings exchanged hands as compared to its average daily volume of 362,700 shares. The stock has ranged in price between $113.46-$117.91 after having opened the day at $113.46 as compared to the previous trading day's close of $113.51.

Copa Holdings, S.A., through its subsidiaries, engages in the air transportation of passengers, cargo, and mail in Latin America. As of January 22, 2013, it operated a fleet of 83 aircrafts, including 57 Boeing 737NG aircrafts and 26 EMBRAER-190s. Copa Holdings has a market cap of $3.7 billion and is part of the services sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are up 14.1% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Copa Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, 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 Copa Holdings Ratings Report now.

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3. As of noon trading, Canadian Pacific Railway ( CP) is up $0.49 (0.40) to $123.87 on light volume Thus far, 254,918 shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 856,300 shares. The stock has ranged in price between $122.15-$124.56 after having opened the day at $123.00 as compared to the previous trading day's close of $123.38.

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 $21.4 billion and is part of the services sector. The company has a P/E ratio of 43.6, above the S&P 500 P/E ratio of 17.7. Shares are up 21.4% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Canadian Pacific Railway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Canadian Pacific Railway Ratings Report now.

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2. As of noon trading, Norfolk Southern Corporation ( NSC) is up $0.52 (0.69) to $76.71 on average volume Thus far, 1.3 million shares of Norfolk Southern Corporation exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $76.56-$78.08 after having opened the day at $76.62 as compared to the previous trading day's close of $76.19.

Norfolk Southern Corporation engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. Norfolk Southern Corporation has a market cap of $25.4 billion and is part of the services sector. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7. Shares are up 23.2% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Norfolk Southern Corporation as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, increase in stock price during the past year, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Norfolk Southern Corporation Ratings Report now.

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1. As of noon trading, CSX ( CSX) is up $0.32 (1.32) to $24.60 on average volume Thus far, 3.7 million shares of CSX exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $24.26-$24.64 after having opened the day at $24.32 as compared to the previous trading day's close of $24.28.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services. It offers traditional rail services, and transports intermodal containers and trailers. CSX has a market cap of $24.8 billion and is part of the services sector. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. Shares are up 23.1% year to date as of the close of trading on Thursday.

TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, increase in stock price during the past year 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 '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.

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.
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