Canadian National Railway Co (CNI): Today's Featured Transportation Winner

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.

Canadian National Railway ( CNI) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day up 0.9%. By the end of trading, Canadian National Railway rose $1.03 (1.0%) to $100.35 on average volume. Throughout the day, 482,920 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 605,400 shares. The stock ranged in a price between $98.98-$100.60 after having opened the day at $99.25 as compared to the previous trading day's close of $99.32. Other companies within the Transportation industry that increased today were: Frontline ( FRO), up 8.4%, Guangshen Railway Company ( GSH), up 7.2%, Danaos Corporation ( DAC), up 6.5% and Sino-Global Shipping America ( SINO), up 6.0%.

Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business in North America. Canadian National Railway has a market cap of $41.7 billion and is part of the services sector. Shares are up 8.7% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Canadian National Railway a buy, 1 analyst rates it a sell, and 16 rate it a hold.

TheStreet Ratings rates Canadian National Railway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, FreeSeas ( FREE), down 7.1%, Genco Shipping & Trading ( GNK), down 4.9%, Tsakos Energy Navigation ( TNP), down 3.0% and Euroseas ( ESEA), down 2.8% , were all laggards within the transportation industry with Alaska Air Group ( ALK) being today's transportation industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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