3 Stocks Pushing The Transportation Industry Lower

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 14 points (-0.1%) at 16,929 as of Tuesday, June 10, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 966 issues advancing vs. 1,989 declining with 165 unchanged.

The Transportation industry currently sits down 0.2% versus the S&P 500, which is down 0.2%. A company within the industry that increased today was United Continental Holdings ( UAL), up 0.5%.

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

3. Norfolk Southern ( NSC) is one of the companies pushing the Transportation industry lower today. As of noon trading, Norfolk Southern is down $0.88 (-0.9%) to $101.52 on light volume. Thus far, 456,748 shares of Norfolk Southern exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $101.24-$103.05 after having opened the day at $102.93 as compared to the previous trading day's close of $102.40.

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 $31.5 billion and is part of the services sector. Shares are up 10.3% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that 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.

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