3 Stocks Boosting The Transportation Industry Higher

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 126 points (-0.8%) at 15,723 as of Friday, Jan. 31, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,087 issues advancing vs. 1,837 declining with 186 unchanged.

The Transportation industry currently sits down 0.3% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the industry include LATAM Airlines Group S.A ( LFL), down 3.0%, Canadian Pacific Railway ( CP), down 1.0%, Union Pacific ( UNP), down 0.7% and Southwest Airlines ( LUV), down 0.7%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Kirby ( KEX) is one of the companies pushing the Transportation industry higher today. As of noon trading, Kirby is up $1.78 (1.8%) to $99.07 on heavy volume. Thus far, 406,209 shares of Kirby exchanged hands as compared to its average daily volume of 286,300 shares. The stock has ranged in price between $95.41-$99.07 after having opened the day at $95.41 as compared to the previous trading day's close of $97.29.

Kirby Corporation, through its subsidiaries, provides marine transportation and diesel engine services primarily in the United States. Its Marine Transportation segment provides transportation services for the inland and coastal markets. Kirby has a market cap of $5.6 billion and is part of the services sector. The company has a P/E ratio of 22.7, above the S&P 500 P/E ratio of 17.7. Shares are down 2.0% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Kirby a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Kirby as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, good cash flow from operations and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Kirby Ratings Report now.

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2. As of noon trading, Alaska Air Group ( ALK) is up $1.81 (2.3%) to $79.69 on average volume. Thus far, 327,641 shares of Alaska Air Group exchanged hands as compared to its average daily volume of 751,500 shares. The stock has ranged in price between $78.10-$80.00 after having opened the day at $78.54 as compared to the previous trading day's close of $77.88.

Alaska Air Group, Inc., through its subsidiaries, provides scheduled air transportation for passengers and cargo. Alaska Air Group has a market cap of $5.3 billion and is part of the services sector. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. Shares are up 4.6% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Alaska Air Group a buy, 1 analyst rates it a sell, and 4 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, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Alaska Air Group Ratings Report now.

3x UPSIDE POTENTIAL: 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, CH Robinson Worldwide ( CHRW) is up $0.46 (0.8%) to $58.74 on light volume. Thus far, 594,121 shares of CH Robinson Worldwide exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $57.53-$58.87 after having opened the day at $57.53 as compared to the previous trading day's close of $58.28.

C.H. Robinson Worldwide, Inc., a third-party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. CH Robinson Worldwide has a market cap of $8.7 billion and is part of the services sector. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7. Shares are down 0.1% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates CH Robinson Worldwide a buy, 8 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates CH Robinson Worldwide as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full CH Robinson Worldwide Ratings Report now.

3x UPSIDE POTENTIAL: 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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