Archive

Posts Tagged ‘airline stocks’

Airline stocks still hot

CAL up 35% in the month, DAL up 10% this week. The NYSE ARCA shows an increase of 25.62% This is all attributed to lower fuel costs, lower capacity, and fares staying put. CNBC analysts remain bullish on jetBlue stock and Alaska Air stock. I think airline stocks stink, but the past month shows differently.

airline stocks are hot

This week, CNBC keeps harping on airline stocks. Personally, I think they are terrible, no matter what the case. But they have increased roughly 6% since Monday and keep climbing. I think some of this is due to lower oil costs right now and a slight uptick in future bookings. Big question remains: will oil stay in the $75-$85 range? Also, it’s great that planes are filling up, but is the yield really that good?

Categories: profit and loss Tags: ,