Canadian Pacific Railway Ltd (CP): 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.

Canadian Pacific Railway ( CP) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day up 0.2%. By the end of trading, Canadian Pacific Railway rose $1.58 (1.0%) to $154.56 on average volume. Throughout the day, 568,935 shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 592,100 shares. The stock ranged in a price between $152.50-$154.59 after having opened the day at $153.48 as compared to the previous trading day's close of $152.98. Other companies within the Transportation industry that increased today were: Frontline ( FRO), up 7.6%, P.A.M. Transportation ( PTSI), up 7.5%, Arkansas Best Corporation ( ABFS), up 5.7% and Radiant Logistics ( RLGT), up 5.0%.

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 $26.6 billion and is part of the services sector. Shares are up 1.1% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Canadian Pacific Railway a buy, no analysts rate it a sell, and 6 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, compelling growth in net income, good cash flow from operations, expanding profit margins and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Paragon Shipping ( PRGN), down 14.2%, China Metro-Rural Holdings ( CNR), down 8.0%, Atlas Air Worldwide Holdings ( AAWW), down 6.9% and Republic Airways Holdings ( RJET), down 5.1% , were all laggards within the transportation industry with DryShips ( DRYS) being today's transportation industry laggard.

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.

If you liked this article you might like

ADP Rejects Ackman Demands as It Performs Seven Times Better Than He Does

CSX Chief Harrison Blames Service Disruptions on Employee Resistance

Activists Forced CEOs to Leave These Huge Companies This Year

CSX: Cramer's Top Takeaways

Navigating Strong Crosscurrents: Cramer's 'Mad Money' Recap (Tuesday 6/13/17)