CSX Corp (CSX): 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.

CSX ( CSX) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day up 0.1%. By the end of trading, CSX rose $0.61 (2.4%) to $26.05 on heavy volume. Throughout the day, 23,679,531 shares of CSX exchanged hands as compared to its average daily volume of 7,041,800 shares. The stock ranged in a price between $25.61-$26.68 after having opened the day at $26.68 as compared to the previous trading day's close of $25.44. Other companies within the Transportation industry that increased today were: China Metro-Rural Holdings ( CNR), up 25.0%, FreeSeas ( FREE), up 21.0%, Excel Maritime Carriers ( EXM), up 8.7% and Danaos Corporation ( DAC), up 8.6%.

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 $25.3 billion and is part of the services sector. Shares are up 25.7% year to date as of the close of trading on Thursday. 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 negative front, Frontline ( FRO), down 6.9%, International Shipholding Corporation ( ISH), down 6.3%, Seanergy Maritime Holdings ( SHIP), down 4.5% and Taminco ( TAM), down 4.2% , were all laggards within the transportation industry with US Airways Group ( LCC) 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).

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