4 Transportation Stocks Pushing The Industry Higher

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 70 points (0.5%) at 14,846 as of Wednesday, Aug. 28, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,865 issues advancing vs. 1,062 declining with 104 unchanged.

The Transportation industry currently sits up 0.8% versus the S&P 500, which is up 0.6%.

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

4. DryShips ( DRYS) is one of the companies pushing the Transportation industry higher today. As of noon trading, DryShips is up $0.15 (6.2%) to $2.59 on heavy volume. Thus far, 7.6 million shares of DryShips exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $2.42-$2.62 after having opened the day at $2.43 as compared to the previous trading day's close of $2.44.

DryShips Inc. owns drybulk carriers and tankers that operate worldwide. DryShips has a market cap of $1.0 billion and is part of the services sector. Shares are up 50.6% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate DryShips a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates DryShips as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity and generally disappointing historical performance in the stock itself. Get the full DryShips 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.

3. As of noon trading, Canadian National Railway ( CNI) is up $0.51 (0.5%) to $94.41 on light volume. Thus far, 162,268 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 524,900 shares. The stock has ranged in price between $93.42-$94.50 after having opened the day at $93.83 as compared to the previous trading day's close of $93.90.

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 $40.2 billion and is part of the services sector. Shares are up 3.2% year to date as of the close of trading on Tuesday. 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Canadian National Railway 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, United Continental Holdings ( UAL) is up $0.21 (0.8%) to $27.92 on heavy volume. Thus far, 4.0 million shares of United Continental Holdings exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $27.41-$27.97 after having opened the day at $27.87 as compared to the previous trading day's close of $27.71.

United Continental Holdings, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates in six continents from its hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York/Newark, San Francisco, Tokyo, and Washington, D.C. United Continental Holdings has a market cap of $10.6 billion and is part of the services sector. Shares are up 18.5% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate United Continental Holdings a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates United Continental Holdings as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins. Get the full United Continental Holdings 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 $0.80 (0.5%) to $153.60 on average volume. Thus far, 866,418 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 $152.04-$153.81 after having opened the day at $152.67 as compared to the previous trading day's close of $152.80.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, provides rail transportation services in North America. Union Pacific has a market cap of $72.6 billion and is part of the services sector. Shares are up 22.2% year to date as of the close of trading on Tuesday. 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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 4 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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