4 Stocks Dragging The Transportation Industry Downward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 15,618 as of Friday, Aug. 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,354 issues advancing vs. 1,554 declining with 118 unchanged.

The Transportation industry currently sits up 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Delta Air Lines ( DAL), down 1.0%, and Norfolk Southern Corporation ( NSC), down 0.6%. A company within the industry that increased today was Pacific Airport Group ( PAC), up 4.3%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Expeditors International of Washington ( EXPD) is one of the companies pushing the Transportation industry lower today. As of noon trading, Expeditors International of Washington is down $0.39 (-0.9%) to $41.29 on light volume. Thus far, 431,456 shares of Expeditors International of Washington exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $40.99-$41.58 after having opened the day at $41.51 as compared to the previous trading day's close of $41.68.

Expeditors International of Washington, Inc. provides logistics services in the United States and internationally. Expeditors International of Washington has a market cap of $8.3 billion and is part of the services sector. Shares are up 1.9% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Expeditors International of Washington a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Expeditors International of Washington as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, increase in stock price during the past year, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Expeditors International of Washington 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.

3. As of noon trading, Canadian National Railway ( CNI) is down $0.49 (-0.5%) to $100.35 on average volume. Thus far, 226,656 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 584,000 shares. The stock has ranged in price between $100.22-$101.00 after having opened the day at $100.29 as compared to the previous trading day's close of $100.84.

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 $42.1 billion and is part of the services sector. Shares are up 9.7% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Canadian National Railway a buy, 1 analyst rates it a sell, and 15 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, growth in earnings per share, increase in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Canadian National 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, CH Robinson Worldwide ( CHRW) is down $0.98 (-1.6%) to $60.09 on average volume. Thus far, 785,092 shares of CH Robinson Worldwide exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $59.22-$60.66 after having opened the day at $60.57 as compared to the previous trading day's close of $61.07.

C.H. Robinson Worldwide, Inc., a third-party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. CH Robinson Worldwide has a market cap of $9.6 billion and is part of the services sector. Shares are down 5.7% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate CH Robinson Worldwide a buy, 5 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates CH Robinson Worldwide as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and unimpressive growth in net income. Get the full CH Robinson Worldwide 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, FedEx Corporation ( FDX) is down $0.67 (-0.6%) to $109.33 on light volume. Thus far, 839,138 shares of FedEx Corporation exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $108.70-$110.08 after having opened the day at $108.73 as compared to the previous trading day's close of $110.00.

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. FedEx Corporation has a market cap of $33.6 billion and is part of the services sector. Shares are up 15.6% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate FedEx Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates FedEx Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full FedEx Corporation 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 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).
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