3 Stocks Boosting The Transportation Industry Higher

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 59 points (0.3%) at 18,083 as of Monday, May 4, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,918 issues advancing vs. 1,077 declining with 158 unchanged.

The Transportation industry currently sits up 0.3% versus the S&P 500, which is up 0.4%. A company within the industry that fell today was Genesee & Wyoming ( GWR), up 2.8%.

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

3. CH Robinson Worldwide ( CHRW) is one of the companies pushing the Transportation industry higher today. As of noon trading, CH Robinson Worldwide is up $1.17 (1.8%) to $65.91 on heavy volume. Thus far, 1.6 million shares of CH Robinson Worldwide exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $65.31-$66.52 after having opened the day at $65.83 as compared to the previous trading day's close of $64.74.

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C.H. Robinson Worldwide, Inc., a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. CH Robinson Worldwide has a market cap of $9.5 billion and is part of the services sector. Shares are down 13.6% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate CH Robinson Worldwide a buy, 2 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates CH Robinson Worldwide as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, increase in stock price during the past year and impressive record of earnings per share growth. 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 CH Robinson Worldwide Ratings Report now.

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2. As of noon trading, Norfolk Southern ( NSC) is up $0.60 (0.6%) to $103.81 on average volume. Thus far, 1.5 million shares of Norfolk Southern exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $103.50-$104.58 after having opened the day at $103.50 as compared to the previous trading day's close of $103.21.

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Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. As of December 31, 2014, 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 down 5.8% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate Norfolk Southern a buy, 1 analyst rates 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 reasonable valuation levels, good cash flow from operations, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. 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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1. As of noon trading, FedEx ( FDX) is up $1.12 (0.7%) to $172.85 on light volume. Thus far, 460,515 shares of FedEx exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $171.51-$173.48 after having opened the day at $171.61 as compared to the previous trading day's close of $171.73.

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FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. FedEx has a market cap of $48.1 billion and is part of the services sector. Shares are down 1.1% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate FedEx a buy, no analysts rate it a sell, and 8 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, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full FedEx Ratings Report now.

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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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