CSX Corp (CSX): Today's Featured Transportation Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

CSX ( CSX) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day down 0.1%. By the end of trading, CSX fell $0.33 (-1.3%) to $24.94 on average volume. Throughout the day, 6,127,216 shares of CSX exchanged hands as compared to its average daily volume of 7,060,500 shares. The stock ranged in price between $24.75-$25.36 after having opened the day at $25.28 as compared to the previous trading day's close of $25.27. Other companies within the Transportation industry that declined today were: USA Truck ( USAK), down 7.3%, YRC Worldwide ( YRCW), down 4.9%, Box Ships ( TEU), down 4.8% and Teekay Tankers ( TNK), down 4.6%.

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 $25.8 billion and is part of the services sector. Shares are up 28.3% year to date as of the close of trading on Tuesday. Currently there are 10 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 growth in earnings per share, revenue growth, attractive valuation levels, expanding profit margins and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, TOP Ships ( TOPS), up 26.5%, Frontline ( FRO), up 15.2%, Seanergy Maritime Holdings ( SHIP), up 9.2% and DHT Holdings ( DHT), up 6.9% , were all gainers within the transportation industry with Delta Air Lines ( DAL) being today's featured transportation industry leader.

For investors not wanting singular stock exposure, 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).

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