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 up 0.4%. By the end of trading, CSX fell $0.30 (-1.2%) to $25.40 on average volume. Throughout the day, 6,540,052 shares of CSX exchanged hands as compared to its average daily volume of 7,460,400 shares. The stock ranged in price between $25.36-$25.67 after having opened the day at $25.52 as compared to the previous trading day's close of $25.70. Other companies within the Transportation industry that declined today were: Newlead Holdings ( NEWL), down 12.3%, Ryanair Holdings ( RYAAY), down 3.7%, Air T ( AIRT), down 3.6% and P.A.M. Transportation ( PTSI), down 2.7%.

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 $26.3 billion and is part of the services sector. Shares are up 30.3% year to date as of the close of trading on Friday. 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, China Metro-Rural Holdings ( CNR), up 7.1%, FreeSeas ( FREE), up 6.0%, Globus Maritime ( GLBS), up 5.4% and Quality Distribution ( QLTY), up 5.2% , 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).

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