Transportation Stocks On The Rise With Help From 3 Stocks

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 11 points (0.1%) at 15,533 as of Tuesday, July 30, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,505 issues advancing vs. 1,392 declining with 116 unchanged.

The Transportation industry currently sits down 0.6% versus the S&P 500, which is up 0.2%. A company within the industry that increased today was United Continental Holdings ( UAL), up 0.8%. On the negative front, top decliners within the industry include Danaos Corporation ( DAC), down 15.1%, and Teekay Offshore Partners L.P ( TOO), down 3.1%.

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

3. Trinity Industries ( TRN) is one of the companies pushing the Transportation industry higher today. As of noon trading, Trinity Industries is up $0.90 (2.4%) to $38.85 on average volume. Thus far, 492,962 shares of Trinity Industries exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $38.27-$38.95 after having opened the day at $38.38 as compared to the previous trading day's close of $37.95.

Trinity Industries, Inc. provides products and services to the industrial, energy, transportation, and construction sectors primarily in the United States, Canada, Mexico, the United Kingdom, Singapore, and Sweden. Trinity Industries has a market cap of $3.0 billion and is part of the services sector. Shares are up 5.9% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Trinity Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Trinity Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. 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 Trinity Industries Ratings Report now.

3x UPSIDE POTENTIAL: 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, Southwest Airlines ( LUV) is up $0.19 (1.4%) to $13.89 on average volume. Thus far, 4.0 million shares of Southwest Airlines exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $13.66-$13.98 after having opened the day at $13.77 as compared to the previous trading day's close of $13.70.

Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States. As of December 31, 2012, the company operated 694 aircraft, including 606 Boeing 737 aircraft and 88 Boeing 717 aircraft. Southwest Airlines has a market cap of $10.0 billion and is part of the services sector. Shares are up 34.7% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Southwest Airlines a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Southwest Airlines as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, growth in earnings per share, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Southwest Airlines Ratings Report now.

3x UPSIDE POTENTIAL: 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, Union Pacific ( UNP) is up $1.02 (0.7%) to $158.24 on average volume. Thus far, 751,932 shares of Union Pacific exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $158.04-$160.26 after having opened the day at $159.25 as compared to the previous trading day's close of $157.22.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, provides rail transportation services in North America. Union Pacific has a market cap of $73.9 billion and is part of the services sector. Shares are up 25.1% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Union Pacific a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Union Pacific as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Union Pacific Ratings Report now.

3x UPSIDE POTENTIAL: 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 3 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).
null

If you liked this article you might like

Pure Storage Among Four Stocks Ready to Breakout

Pure Storage Among Four Stocks Ready to Breakout

Cramer: These Stocks Look Like 'Easy Pickings'

Cramer: These Stocks Look Like 'Easy Pickings'

Cramer: The Best Performers Show No Signs of Letting Up

Cramer: The Best Performers Show No Signs of Letting Up

This Stock's Big Gains Could Point to Strong Economic Growth Ahead

This Stock's Big Gains Could Point to Strong Economic Growth Ahead

Tracking a Range-Bound Trinity Industries

Tracking a Range-Bound Trinity Industries