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 0.1%. By the end of trading, Canadian National Railway fell $1.05 (-1.9%) to $54.25 on average volume. Throughout the day, 1,100,279 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 772,000 shares. The stock 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. Other companies within the Transportation industry that declined today were: Seanergy Maritime Holdings ( SHIP), down 7.3%, China Metro-Rural Holdings ( CNR), down 6.0%, PHI Incorporated ( PHII), down 5.7% and American Railcar Industries ( ARII), down 5.5%.

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.

On the positive front, Genco Shipping & Trading ( GNK), up 6.2%, United Continental Holdings ( UAL), up 6.0%, Frontline ( FRO), up 5.7% and Navigator Holdings ( NVGS), up 5.7% , were all gainers within the transportation industry with Southwest Airlines ( LUV) 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.

If you liked this article you might like

CSX Chief Harrison Blames Service Disruptions on Employee Resistance

Canadian National Railway Avoids Labor Strike

Like Buffett, Rail Investors Could Be on the Right Track

Like Buffett, Rail Investors Could Be on the Right Track

For an Inflation Hedge, Jump Aboard This Railroad Monopoly