Delta Air Lines Inc (DAL): 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.

Delta Air Lines ( DAL) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day down 3.2%. By the end of trading, Delta Air Lines fell $1.23 (-4.0%) to $29.38 on average volume. Throughout the day, 16,761,300 shares of Delta Air Lines exchanged hands as compared to its average daily volume of 13,241,200 shares. The stock ranged in price between $29.22-$30.80 after having opened the day at $30.64 as compared to the previous trading day's close of $30.61. Other companies within the Transportation industry that declined today were: China Metro-Rural Holdings ( CNR), down 15.7%, Genco Shipping & Trading ( GNK), down 10.4%, Globus Maritime ( GLBS), down 8.6% and Danaos Corporation ( DAC), down 7.4%.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. Its route network is centered around a system of hub and international gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $26.2 billion and is part of the services sector. The company has a P/E ratio of 1.1, below the S&P 500 P/E ratio of 17.7. Shares are up 11.4% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Delta Air Lines a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Delta Air Lines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, solid stock price performance, compelling growth in net income and revenue growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Rand Logistics ( RLOG), up 3.7%, StealthGas ( GASS), up 2.9% and Ryanair Holdings ( RYAAY), up 1.8%.

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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