Canadian National Railway Co (CNI): 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.

Canadian National Railway ( CNI) 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, Canadian National Railway fell $1.30 (-1.3%) to $99.77 on average volume. Throughout the day, 407,878 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 472,200 shares. The stock ranged in price between $99.31-$101.14 after having opened the day at $101.01 as compared to the previous trading day's close of $101.07. Other companies within the Transportation industry that declined today were: Seanergy Maritime Holdings ( SHIP), down 12.9%, AAR Corporation ( AIR), down 9.2%, Newlead Holdings ( NEWL), down 3.9% and Danaos Corporation ( DAC), down 2.6%.

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 $42.5 billion and is part of the services sector. Shares are up 11.3% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Canadian National Railway a buy, no analysts rate it a sell, and 14 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.

On the positive front, Globus Maritime ( GLBS), up 19.6%, FreeSeas ( FREE), up 18.0%, Nordic American Tankers ( NAT), up 10.7% and Eagle Bulk Shipping ( EGLE), up 6.8% , were all gainers within the transportation industry with DryShips ( DRYS) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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