Today's Stocks Driving Success For The Transportation Industry

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 8 points (0.0%) at 16,964 as of Wednesday, July 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,180 issues advancing vs. 1,847 declining with 143 unchanged.

The Transportation industry currently sits down 0.6% versus the S&P 500, which is unchanged.

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

3. Canadian National Railway ( CNI) is one of the companies pushing the Transportation industry higher today. As of noon trading, Canadian National Railway is up $0.43 (0.7%) to $65.71 on average volume. Thus far, 354,453 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 857,000 shares. The stock has ranged in price between $65.27-$66.05 after having opened the day at $65.37 as compared to the previous trading day's close of $65.28.

Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business in North America. Canadian National Railway has a market cap of $53.5 billion and is part of the services sector. Shares are up 14.5% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Canadian National Railway a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Canadian National Railway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Canadian National Railway 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.

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