Tidewater Inc. (TDW): 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.

Tidewater ( TDW) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day down 0.2%. By the end of trading, Tidewater rose $0.77 (1.6%) to $48.25 on average volume. Throughout the day, 494,498 shares of Tidewater exchanged hands as compared to its average daily volume of 618,500 shares. The stock ranged in a price between $47.41-$48.37 after having opened the day at $47.60 as compared to the previous trading day's close of $47.48. Other companies within the Transportation industry that increased today were: Genco Shipping & Trading ( GNK), up 10.0%, Eagle Bulk Shipping ( EGLE), up 6.4%, China Metro-Rural Holdings ( CNR), up 6.2% and Globus Maritime ( GLBS), up 5.2%.

Tidewater Inc. provides offshore service vessels and marine support services through the operation of a fleet of marine service vessels. Tidewater has a market cap of $2.4 billion and is part of the basic materials sector. Shares are down 19.9% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Tidewater a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Tidewater as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and disappointing return on equity.

On the negative front, Covenant Transportation Group ( CVTI), down 7.5%, Ultrapetrol Bahamas ( ULTR), down 6.7%, American Railcar Industries ( ARII), down 4.9% and Spirit Airlines ( SAVE), down 4.1% , were all laggards within the transportation industry with Canadian Pacific Railway ( CP) 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).

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