United (UAL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
JetBlue stock (NASDAQ: JBLU) currently trades at $7 per share, more than 65% below its peak level of $22 seen in March 2021. In comparison, its peer – United Airlines stock (NASDAQ: UAL) saw its stock decline by around 3% over the same period.
Does United Airlines (UAL) have what it takes to be a top stock pick for momentum investors? Let's find out.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, United (UAL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
The FAA found no "significant safety issues" after a six-month safety review into United Airlines. The review followed several safety incidents like a tire falling off a `Boeing 777 during takeoff.
The airline industry assuaged investor fears in the fall.
In the most recent trading session, United Airlines (UAL) closed at $56.13, indicating a -1.63% shift from the previous trading day.
UAL's top line is bolstered by robust air travel demand. Efforts to expand are encouraging.
United (UAL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
The third quarter is shaping up to be a good one for airlines like United Airlines. Management confirmed its improving revenue per available seat mile, or RASM, a major plus for the airline and the industry at large.
United Airlines (UAL) closed the most recent trading day at $54.11, moving +0.9% from the previous trading session.
United Airlines will soon offer free WiFi via Elon Musk's Starlink service on all its flights. The airline plans to test the service in early 2025.