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 $1.43 (-1.3%) to $112.03 on average volume. Throughout the day, 396,897 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 443,900 shares. The stock ranged in price between $111.89-$113.40 after having opened the day at $113.40 as compared to the previous trading day's close of $113.46. Other companies within the Transportation industry that declined today were: Costamare ( CMRE), down 3.3%, Genco Shipping & Trading ( GNK), down 3.2%, FreeSeas ( FREE), down 3.2% and JetBlue Airways Corporation ( JBLU), down 2.4%.

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 $47.2 billion and is part of the services sector. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7. Shares are up 24.2% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Canadian National Railway a buy, no analysts rate it a sell, and 13 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, solid stock price performance, growth in earnings per share, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Seanergy Maritime Holdings ( SHIP), up 11.2%, Newlead Holdings ( NEWL), up 7.9%, Star Bulk Carriers ( SBLK), up 7.4% and Paragon Shipping ( PRGN), up 5.2% , were all gainers within the transportation industry with United Parcel Service Inc (UPS) Class B ( UPS) 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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