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 0.4%. By the end of trading, Delta Air Lines fell $0.62 (-1.9%) to $32.59 on average volume. Throughout the day, 14,399,656 shares of Delta Air Lines exchanged hands as compared to its average daily volume of 12,740,000 shares. The stock ranged in price between $31.90-$32.73 after having opened the day at $32.39 as compared to the previous trading day's close of $33.21. Other companies within the Transportation industry that declined today were: Newlead Holdings ( NEWL), down 8.9%, YRC Worldwide ( YRCW), down 6.5%, Frontline ( FRO), down 6.1% and Eagle Bulk Shipping ( EGLE), down 4.4%.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. Its route network comprises various gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $28.3 billion and is part of the services sector. Shares are up 20.9% year to date as of the close of trading on Friday. Currently there are 11 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. 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, Radiant Logistics ( RLGT), up 8.7%, FreeSeas ( FREE), up 6.9%, Golar LNG ( GLNG), up 4.3% and Greenbrier Companies ( GBX), up 4.2% , were all gainers within the transportation industry with Spirit Airlines ( SAVE) 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

United Airlines Might Be Having an Identity Crisis That Is Worrying Wall Street

Attorneys General Investigate Thousands of Hurricane Price-Gouging Claims

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

Delta Air Lines Pays Passenger $4,000 to Give Up Seat

Closing Bell: Stocks Start the Week With Major Gains