Canadian Pacific Railway Ltd (CP): 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 Pacific Railway ( CP) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Canadian Pacific Railway fell $1.95 (-1.2%) to $156.00 on average volume. Throughout the day, 719,758 shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 609,600 shares. The stock ranged in price between $155.69-$158.66 after having opened the day at $158.00 as compared to the previous trading day's close of $157.95. Other companies within the Transportation industry that declined today were: Expeditors International of Washington ( EXPD), down 7.0%, Covenant Transportation Group ( CVTI), down 5.6%, Scorpio Tankers ( STNG), down 4.8% and ModusLink Global Solutions ( MLNK), down 4.3%.

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 $27.4 billion and is part of the services sector. Shares are up 4.4% year to date as of the close of trading on Monday. 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 positive front, XPO Logistics ( XPO), up 9.4%, Allegiant Travel Company ( ALGT), up 5.7%, Hawaiian Holdings ( HA), up 4.5% and United Continental Holdings ( UAL), up 2.5% , were all gainers within the transportation industry with Alaska Air Group ( ALK) 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.

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