JetBlue Airways Corporation (JBLU): 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.

JetBlue Airways Corporation ( JBLU) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day up 0.6%. By the end of trading, JetBlue Airways Corporation fell $0.17 (-1.9%) to $8.83 on average volume. Throughout the day, 7,941,127 shares of JetBlue Airways Corporation exchanged hands as compared to its average daily volume of 5,826,700 shares. The stock ranged in price between $8.65-$9.02 after having opened the day at $8.98 as compared to the previous trading day's close of $9.00. Other companies within the Transportation industry that declined today were: UTi Worldwide ( UTIW), down 8.6%, P.A.M. Transportation ( PTSI), down 4.8%, Newlead Holdings ( NEWL), down 4.8% and Radiant Logistics ( RLGT), down 3.9%.

JetBlue Airways Corporation, a passenger airline company, provides air transportation services. JetBlue Airways Corporation has a market cap of $2.7 billion and is part of the services sector. Shares are up 5.4% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates JetBlue Airways Corporation a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates JetBlue Airways Corporation as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, FreeSeas ( FREE), up 9.9%, Genco Shipping & Trading ( GNK), up 9.3%, Star Bulk Carriers ( SBLK), up 8.9% and Golar LNG ( GLNG), up 8.4% , were all gainers within the transportation industry with Union Pacific ( UNP) 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.

If you liked this article you might like

Here Are the Best Elite Airline Status Programs

Southwest Airlines Won't Be Clipped By the Vicious Fare War

Attorneys General Investigate Thousands of Hurricane Price-Gouging Claims

American, Spirit and United Get Downgrades as Ticket Pricing War Rages

JetBlue Offers $99 Tickets to Florida for Hurricane Irma Evacuees