4 Stocks Dragging The Transportation Industry Downward

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 53 points (-0.3%) at 16,478 as of Wednesday, Jan. 8, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,242 issues advancing vs. 1,672 declining with 178 unchanged.

The Transportation industry currently sits down 0.2% versus the S&P 500, which is unchanged. A company within the industry that increased today was Delta Air Lines ( DAL), up 2.8%.

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

4. Canadian National Railway ( CNI) is one of the companies pushing the Transportation industry lower today. As of noon trading, Canadian National Railway is down $1.32 (-2.4%) to $53.98 on average volume. Thus far, 509,521 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 772,000 shares. The stock has ranged in price between $53.74-$55.15 after having opened the day at $55.04 as compared to the previous trading day's close of $55.30.

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 $46.3 billion and is part of the services sector. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are down 3.0% 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 11 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, increase in stock price during the past year, 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. Get the full Canadian National Railway Ratings Report now.

STOCKS TO BUY: 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 Pacific Railway ( CP) is down $0.84 (-0.6%) to $146.08 on light volume. Thus far, 214,513 shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 580,300 shares. The stock has ranged in price between $145.36-$147.59 after having opened the day at $147.21 as compared to the previous trading day's close of $146.92.

Canadian Pacific Railway Limited, through its subsidiaries, operates as a transcontinental railway providing freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States. Canadian Pacific Railway has a market cap of $25.9 billion and is part of the services sector. The company has a P/E ratio of 33.3, above the S&P 500 P/E ratio of 17.7. Shares are down 2.9% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Canadian Pacific Railway a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Canadian Pacific Railway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Canadian Pacific Railway Ratings Report now.

STOCKS TO BUY: 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, Norfolk Southern Corporation ( NSC) is down $1.06 (-1.2%) to $89.48 on light volume. Thus far, 519,524 shares of Norfolk Southern Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $89.19-$90.63 after having opened the day at $90.41 as compared to the previous trading day's close of $90.54.

Norfolk Southern Corporation engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. Norfolk Southern Corporation has a market cap of $27.8 billion and is part of the services sector. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are down 2.5% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Norfolk Southern Corporation a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Norfolk Southern Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Norfolk Southern Corporation Ratings Report now.

STOCKS TO BUY: 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, CSX ( CSX) is down $0.25 (-0.9%) to $28.10 on light volume. Thus far, 1.6 million shares of CSX exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $28.05-$28.41 after having opened the day at $28.27 as compared to the previous trading day's close of $28.35.

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 $28.6 billion and is part of the services sector. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7. Shares are down 1.5% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate CSX a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full CSX Ratings Report now.

STOCKS TO BUY: 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 3 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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