MIC, EXPD And ALK, Pushing Transportation Industry Downward

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 97 points (0.6%) at 17,481 as of Wednesday, Nov. 5, 2014, 12:20 PM ET. The NYSE advances/declines ratio sits at 1,800 issues advancing vs. 1,144 declining with 202 unchanged.

The Transportation industry currently sits down 0.4% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include United Continental Holdings ( UAL), down 1.2%, and Delta Air Lines ( DAL), down 1.0%. Top gainers within the industry include Canadian Pacific Railway ( CP), up 0.9%, Union Pacific ( UNP), up 0.6% and FedEx ( FDX), up 0.8%.

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

3. Macquarie Infrastructure ( MIC) is one of the companies pushing the Transportation industry lower today. As of noon trading, Macquarie Infrastructure is down $1.63 (-2.3%) to $70.25 on heavy volume. Thus far, 828,923 shares of Macquarie Infrastructure exchanged hands as compared to its average daily volume of 407,200 shares. The stock has ranged in price between $70.20-$70.73 after having opened the day at $70.30 as compared to the previous trading day's close of $71.88.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Macquarie Infrastructure Company LLC, through its subsidiaries, owns, operates, and invests in infrastructure businesses that provide services to businesses and individuals primarily in the United States. Macquarie Infrastructure has a market cap of $5.1 billion and is part of the services sector. Shares are up 32.1% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Macquarie Infrastructure a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Macquarie Infrastructure as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Macquarie Infrastructure Ratings Report now.

STOCKS TO BUY: 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, Expeditors International of Washington ( EXPD) is down $0.51 (-1.1%) to $43.88 on heavy volume. Thus far, 1.0 million shares of Expeditors International of Washington exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $43.51-$44.04 after having opened the day at $43.67 as compared to the previous trading day's close of $44.39.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Expeditors International of Washington, Inc. provides logistics services. Expeditors International of Washington has a market cap of $8.3 billion and is part of the services sector. Shares are up 0.3% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Expeditors International of Washington a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Expeditors International of Washington 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, notable return on equity, growth in earnings per share and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Expeditors International of Washington Ratings Report now.

STOCKS TO BUY: 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, Alaska Air Group ( ALK) is down $0.62 (-1.1%) to $54.77 on average volume. Thus far, 900,754 shares of Alaska Air Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $53.88-$55.99 after having opened the day at $55.97 as compared to the previous trading day's close of $55.39.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services in the United States. The company operates through Alaska Mainline and Alaska Regional segments. It serves approximately 100 cities in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Air Group has a market cap of $7.3 billion and is part of the services sector. Shares are up 51.0% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Alaska Air Group a buy, 2 analysts rate it a sell, and 5 rate it a hold.

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

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 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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