Alaska Air Group Inc. (ALK): 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.

Alaska Air Group ( ALK) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole was unchanged today. By the end of trading, Alaska Air Group fell $0.91 (-1.2%) to $73.51 on heavy volume. Throughout the day, 1,138,602 shares of Alaska Air Group exchanged hands as compared to its average daily volume of 584,600 shares. The stock ranged in price between $71.35-$73.74 after having opened the day at $72.83 as compared to the previous trading day's close of $74.42. Other companies within the Transportation industry that declined today were: Newlead Holdings ( NEWL), down 13.4%, Sino-Global Shipping America ( SINO), down 7.7%, Frontline ( FRO), down 7.0% and FreeSeas ( FREE), down 7.0%.

Alaska Air Group, Inc., through its subsidiaries, provides scheduled air transportation for passengers and cargo. Alaska Air Group has a market cap of $5.2 billion and is part of the services sector. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are up 72.7% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Alaska Air Group a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Alaska Air Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Seanergy Maritime Holdings ( SHIP), up 5.8%, ModusLink Global Solutions ( MLNK), up 4.4%, Taminco ( TAM), up 4.0% and DHT Holdings ( DHT), up 3.1% , were all gainers within the transportation industry with Union Pacific ( UNP) 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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