3 Stocks Advancing The Transportation Industry
Written by: Surya Viswanathan
Tickers in this article: TRN LUV UAL
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 down 42 points (-0.2%) at 17,072 as of Wednesday, July 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,641 issues advancing vs. 1,297 declining with 186 unchanged. The Transportation industry currently sits down 0.1% versus the S&P 500, which is up 0.1%. A company within the industry that increased today was Delta Air Lines ( DAL), up 3.1%. TheStreet would like to highlight 3 stocks pushing the industry higher today: 3. Trinity Industries ( TRN) is one of the companies pushing the Transportation industry higher today. As of noon trading, Trinity Industries is up $1.10 (2.4%) to $46.12 on heavy volume. Thus far, 2.7 million shares of Trinity Industries exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $44.94-$46.29 after having opened the day at $45.33 as compared to the previous trading day's close of $45.02. Trinity Industries, Inc. provides various products and services for the energy, transportation, chemical, and construction sectors in the United States, Canada, Mexico, the United Kingdom, Singapore, and Sweden. Trinity Industries has a market cap of $6.8 billion and is part of the services sector. Shares are up 65.2% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Trinity Industries a buy, 1 analyst rates it a sell, and none rate it a hold. TheStreet Ratings rates Trinity Industries as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, attractive valuation levels, good cash flow from operations 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 Trinity Industries 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.