Today's Top Performers In Transportation

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 55 points (0.3%) at 16,661 as of Tuesday, May 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,943 issues advancing vs. 1,024 declining with 173 unchanged.

The Transportation industry currently sits up 0.3% versus the S&P 500, which is up 0.5%. Top gainers within the industry include Westinghouse Air Brake Technologies ( WAB), up 1.4%, and Ryanair Holdings ( RYAAY), up 1.3%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Norfolk Southern ( NSC) is one of the companies pushing the Transportation industry higher today. As of noon trading, Norfolk Southern is up $0.65 (0.7%) to $99.85 on light volume. Thus far, 536,245 shares of Norfolk Southern exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $99.58-$100.00 after having opened the day at $99.84 as compared to the previous trading day's close of $99.20.

Norfolk Southern Corporation, together with its subsidiaries, is engaged in the rail transportation of raw materials, intermediate products, and finished goods. As of December 31, 2013, it operated approximately 20,000 miles of road in 22 states and the District of Columbia. Norfolk Southern has a market cap of $30.7 billion and is part of the services sector. Shares are up 6.9% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Norfolk Southern a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Norfolk Southern as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Norfolk Southern Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, FedEx ( FDX) is up $1.10 (0.8%) to $142.60 on average volume. Thus far, 890,999 shares of FedEx exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $141.62-$142.84 after having opened the day at $142.02 as compared to the previous trading day's close of $141.50.

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. FedEx has a market cap of $41.8 billion and is part of the services sector. Shares are down 1.6% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate FedEx a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates FedEx as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full FedEx Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, Delta Air Lines ( DAL) is up $0.32 (0.8%) to $39.48 on light volume. Thus far, 4.1 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 11.5 million shares. The stock has ranged in price between $39.32-$39.60 after having opened the day at $39.56 as compared to the previous trading day's close of $39.16.

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 $33.2 billion and is part of the services sector. Shares are up 42.6% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who 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, reasonable valuation levels, solid stock price performance, compelling growth in net income and revenue growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Delta Air Lines Ratings Report now.

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 are interested in one of these 3 stocks, 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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