As the industry seeks to benefit from the upbeat air travel demand, investing in airline stocks like CPA, SKYW, UAL and ALK can be a prudent move.
Alaska Air Group (ALK) concluded the recent trading session at $41.34, signifying a -0.41% move from its prior day's close.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how Alaska Air Group (ALK) and Costamare (CMRE) have performed compared to their sector so far this year.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Alaska Air's (ALK) top line is bolstered by upbeat air travel demand. The carrier is widening its network to meet the anticipated demand swell during summer.
Alaska Airlines committed to improving its first quarter financial performance but that effort was interrupted by the MAX 9 accident. Alaska's recovery and current performance in line with other U.S. airlines, focusing on premium travel services. Alaska's potential merger with Hawaiian Airlines could lead to improved financial performance and expansion opportunities.
Alaska Air's (ALK) top line is bolstered by upbeat air travel demand. Shareholder-friendly actions also bode well for the company.
Alaska Air Group (ALK) reachead $41.01 at the closing of the latest trading day, reflecting a -1.2% change compared to its last close.
The latest move is expected to boost Alaska Air's (ALK) competitive position in the airline industry.
Alaska Air (ALK) expects that its busiest days in the summer season will be before and after Jul 4.
The U.S. Global Jets ETF (NYSEARCA: JETS ) is up more than 10% in the past six months, suggesting the U.S. airline industry has garnered noteworthy systematic support. Will the best airline stocks maintain their momentum or is it time to sell?