5 Stocks Boosting 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 153 points (1.0%) at 15,456 as of Tuesday, May 28, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,106 issues advancing vs. 846 declining with 109 unchanged.

The Transportation industry currently sits up 1.3% versus the S&P 500, which is up 0.9%. A company within the industry that increased today was Ryanair Holdings ( RYAAY), up 2.21.

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

5. Canadian Pacific Railway ( CP) is one of the companies pushing the Transportation industry higher today. As of noon trading, Canadian Pacific Railway is up $2.49 (1.86) to $136.33 on light volume Thus far, 304,617 shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 886,400 shares. The stock has ranged in price between $134.37-$136.79 after having opened the day at $134.41 as compared to the previous trading day's close of $133.84.

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 $23.4 billion and is part of the services sector. The company has a P/E ratio of 42.4, above the S&P 500 P/E ratio of 17.7. Shares are up 31.7% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Canadian Pacific Railway a buy, 2 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Canadian Pacific Railway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Canadian Pacific Railway Ratings Report now.

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