CSX Corp (CSX): Today's Featured Transportation Winner

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.

CSX ( CSX) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day up 0.8%. By the end of trading, CSX rose $0.33 (1.3%) to $26.35 on average volume. Throughout the day, 8,673,772 shares of CSX exchanged hands as compared to its average daily volume of 6,062,400 shares. The stock ranged in a price between $26.00-$26.54 after having opened the day at $26.08 as compared to the previous trading day's close of $26.02. Other companies within the Transportation industry that increased today were: Seanergy Maritime Holdings ( SHIP), up 7.0%, Paragon Shipping ( PRGN), up 5.6%, P.A.M. Transportation ( PTSI), up 5.5% and China Metro-Rural Holdings ( CNR), up 5.3%.

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 $27.3 billion and is part of the services sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are down 9.6% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate CSX a buy, no analysts rate it a sell, and 12 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, reasonable valuation levels, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Newlead Holdings ( NEWL), down 4.8%, Capital Product Partners L.P ( CPLP), down 3.8%, Box Ships ( TEU), down 2.8% and Echo Global Logistics ( ECHO), down 2.8%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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