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. NEW YORK ( TheStreet) -- Alaska Air Group (NYSE: ALK) is trading at unusually high volume Tuesday with 1.5 million shares changing hands. It is currently at two times its average daily volume and trading up $3.96 (+7%) at $60.60 as of 3:30 p.m. ET.
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Alaska Air Group has a market cap of $4.18 billion and is part of the services sector and transportation industry. Shares are up 37.2% year to date as of the close of trading on Monday. Alaska Air Group, Inc., through its subsidiaries, provides scheduled air transportation for passengers and cargo. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Alaska Air Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, 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. You can view the full Alaska Air Group Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.