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.
A potential settlement between the railroad and activist investor Paul Hilal could emerge shortly that would bring in Hunter Harrison, who is well-regarded for his turnaround of Canadian Pacific Railway.