3 Stocks Pushing The Transportation Industry Downward

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 66 points (0.4%) at 14,999 as of Wednesday, July 3, 2013, 12:51 PM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,690 declining with 89 unchanged.

The Transportation industry currently sits down 0.3% versus the S&P 500, which is up 0.2%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Canadian Pacific Railway ( CP) is one of the companies pushing the Transportation industry lower today. As of noon trading, Canadian Pacific Railway is down $1.93 (-1.6%) to $120.82 on light volume. Thus far, 307,152 shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 876,700 shares. The stock has ranged in price between $120.52-$122.43 after having opened the day at $122.31 as compared to the previous trading day's close of $122.75.

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 $21.5 billion and is part of the services sector. Shares are up 20.8% year to date as of the close of trading on Tuesday. Currently there are 6 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.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, CSX ( CSX) is down $0.14 (-0.6%) to $22.98 on light volume. Thus far, 2.2 million shares of CSX exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $22.89-$23.10 after having opened the day at $23.02 as compared to the previous trading day's close of $23.11.

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 $23.7 billion and is part of the services sector. Shares are up 17.1% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate CSX a buy, no analysts rate it a sell, and 13 rate it a hold.

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

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Delta Air Lines ( DAL) is down $0.42 (-2.2%) to $18.57 on average volume. Thus far, 5.3 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 11.7 million shares. The stock has ranged in price between $18.30-$18.90 after having opened the day at $18.73 as compared to the previous trading day's close of $18.99.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. Its route network is centered around a system of hub and international gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $16.6 billion and is part of the services sector. Shares are up 60.0% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Delta Air Lines a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Delta Air Lines as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Delta Air Lines Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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).

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