Adam From United States of America, joined Jan 2005, 465 posts, RR: 0 Posted (7 years 2 months 1 week 5 days 11 hours ago) and read 2828 times:
I'm novice to stock investments and want to know which airlines you feel are worth investing in. I'm looking at jetBlue, which is at $18.18 right now with a 52 week high of $31.00. I'm using sharebuilder, and if anyone's familiar with it, recomendations by financial analysts are given; in this case 2 strong buys, 2 buys, and 6 holds, with 0 sells.
I appreciate your input. A search of this very topic brought up a thread from 2001, and with the stock market, you obviously can't go by statistics from 4 years ago.
Thanks,
Adam
Texas: You'll come for the Alamo, You'll stay because you were wrongfully executed. - Conan O'Brian State Quarters
Adam From United States of America, joined Jan 2005, 465 posts, RR: 0 Reply 2, posted (7 years 2 months 1 week 5 days 10 hours ago) and read 2766 times:
Quoting Arniepie (Reply 1): The fastest way to become a millionaire?................ First ,be a billionaire and invest in an airline!
That made me smile for some reason, I wasn't expecting that punch line.
I know...airlines aren't the best industry to invest in, but lets just say you're a dumb 20 year old with some extra cash and wants to put a couple hundred into an airline to see what happens over the course of a year?
I'm not talking my whole life savings, I'm talking 300 bucks.
Texas: You'll come for the Alamo, You'll stay because you were wrongfully executed. - Conan O'Brian State Quarters
ACDC8 From Canada, joined Mar 2005, 7587 posts, RR: 47 Reply 4, posted (7 years 2 months 1 week 5 days 10 hours ago) and read 2738 times:
Why don't you just invest in me?
Sorry, I agree with Backfire, airline stocks are up and down all the time, mostly down though.
"A young mother with her child was at the gate waiting to board their flight when she noticed an older gentlemen who was talking to himself, pacing around and constantly hitting his head against the windows. Concerned, the young mother went to the gate agent and asked if the gentlemen was OK. The gate agent smiled and replied...oh, its nothing to worry about, he's just one of our investors!"
Qantas077 From Australia, joined Jan 2004, 5700 posts, RR: 52 Reply 5, posted (7 years 2 months 1 week 5 days 9 hours ago) and read 2729 times:
if you want to make money fast then the best way to invest is banks, mining stocks and companies of that nature, with oil costs the way they are and the airline market being very unpredictable your better off directing your money elsewhere.
i have QF stock, it's worth alot less now then when i first purchased it, now i've got to sit and wait til it gets to a certain price so i can sell it at a profit!
a true friend is someone who sees the pain in your eyes, while everyone else believes the smile on your face.
Mrniji From , joined Dec 1969, posts, RR: Reply 7, posted (7 years 2 months 1 week 5 days 9 hours ago) and read 2662 times:
This won't help but maybe interest you, since you won't be able to do it.. but 9W (Jet Airways -India) has a crazy potential. During the recent IPO, everything gone within less than 10 min!
NAVEGA From United States of America, joined Nov 1999, 741 posts, RR: 0 Reply 8, posted (7 years 2 months 1 week 5 days 8 hours ago) and read 2636 times:
FLY2LIM From United States of America, joined May 2004, 1183 posts, RR: 13 Reply 10, posted (7 years 2 months 1 week 5 days 7 hours ago) and read 2576 times:
Quoting Adam (Reply 2): I know...airlines aren't the best industry to invest in, but lets just say you're a dumb 20 year old with some extra cash and wants to put a couple hundred into an airline to see what happens over the course of a year?
I'm not talking my whole life savings, I'm talking 300 bucks.
Is your idea to make money, or just to blow 300 bucks "just because" it's something related to aviation and you are a (dumb 20 year old) aviation enthusiast?
Any investment pro would hear your story and say "go buy your mother a nice gift with that money", rather than recommending that you invest with your strategy. The airline industry is not a good investment, period.
Beaucaire From Syria, joined Sep 2003, 5252 posts, RR: 33 Reply 11, posted (7 years 2 months 1 week 5 days 7 hours ago) and read 2543 times:
... wel that might sound stupid but currently Swiss seems to become a quite interesting company to invest in ( short term - potential about 30% in one to two months...)
Once the Lufthansa deal will become official , the stock should have gained some pretty added value..
Komododx From , joined Dec 1969, posts, RR: Reply 12, posted (7 years 2 months 1 week 5 days 7 hours ago) and read 2538 times:
SkyWest - Symbol: SKYW
LAN Airlines - Symbol: LFL
Look at the institutional ownership, 50-day moving average against price, and volatility of SKYW. Although I would not hold on to this stock very long. Just a quick buy and sell.
Maybe it's a bit too late to buy LFL now, but a few months ago it would've been a great buy. Just look at their one-yr chart!
NorCalSF From United States of America, joined Jul 2004, 34 posts, RR: 0 Reply 13, posted (7 years 2 months 1 week 5 days 7 hours ago) and read 2538 times:
You may want to check out the plane makers (Boeing and Airbus/EADS) as well as the engine makers (Rolls Royce, GE). Boeing is high right now, around $57; I don't know about EADS. GE is a diversified company that makes more than engines, so it might be worth checking out as a long term core investment.
I have bought and sold airline stocks in the past, and have even made money on them, but I waited until they were irrationally beaten down before purchasing. For example, Continental (NYSE: CAL) was around $4 not too long ago (2003), and it's now $11, despite the company's financial troubles. So, if you're set on airline stocks, wait for them to come down (and I think they will with oil heading north) and then reassess them at that point.
But you know what they say about free advice like that on a.net: you get what you pay for.
Komododx From , joined Dec 1969, posts, RR: Reply 14, posted (7 years 2 months 1 week 5 days 7 hours ago) and read 2527 times:
Quoting FLY2LIM (Reply 10): Is your idea to make money, or just to blow 300 bucks "just because" it's something related to aviation and you are a (dumb 20 year old) aviation enthusiast?
Do you ever reply nicely in your posts?
Adam, I forgot to mention. I am also in your age group and I always try to avoid buying stocks that are more than $10. If you just want to play around with the market, just buy something that's around $5-$10 and see what happens. I wanted to buy SKYW and LFL a few months ago, but if I would've spent $200 then my number of shares would've been limited. Instead I bought a $6 stock which is now at $15. I use sharebuilder and you can do good research there, but try also moneycentral or marketwatch
There are some cheap oil & gas companies you could look into (hint, hint).
B747-437B From , joined Dec 1969, posts, RR: Reply 16, posted (7 years 2 months 1 week 5 days 7 hours ago) and read 2502 times:
Quoting Mrniji (Reply 7): 9W (Jet Airways -India) has a crazy potential
I'm hesitant to be bullish on Jet Airways for now because they will be beginning another cycle of heavy capital spending - and their performance in the last capital spending cycle left them saddled with a lot of exorbidantly priced debt that they struggled to service.
While all indicators are solid for Jet to be succesful in longhaul services, there does need to be caution on that front because it IS a new area of business.
SKYW has very solid fundamentals and an excellent cash position. The long term outlook however is somewhat shaky with an almost total reliance on United and Delta for its revenue stream - and both engaged in their own restructuring process.
Adam From United States of America, joined Jan 2005, 465 posts, RR: 0 Reply 17, posted (7 years 2 months 1 week 5 days 6 hours ago) and read 2470 times:
Quoting FLY2LIM (Reply 10): Is your idea to make money, or just to blow 300 bucks "just because" it's something related to aviation and you are a (dumb 20 year old) aviation enthusiast?
Any investment pro would hear your story and say "go buy your mother a nice gift with that money", rather than recommending that you invest with your strategy. The airline industry is not a good investment, period.
Yes and no on the making money aspect... I really just wanna play around with trading and such. Any first time investor (like myself) who thinks he/she is going to make major money in 1 year is obviously kidding themselves. I want to invest a couple hundred bucks and see where it goes. Through my research on sharebuilder, jetblue had a good projection, as far as airlines go. As for your first question, if I'm reading correctly...I'm only investing in the stock market because I'm an av. enthusiast? No. I have other investments in mind, but why would I ask about Sirius Satellite Radio and Time Warner Cable stock in an aviation forum? If I were to invest in jetblue, I don't think it would be a mistake.
Texas: You'll come for the Alamo, You'll stay because you were wrongfully executed. - Conan O'Brian State Quarters
Arniepie From Belgium, joined Aug 2005, 1265 posts, RR: 1 Reply 21, posted (7 years 2 months 1 week 5 days 4 hours ago) and read 2365 times:
If you really would like an airline industry related stock package I would suggest RR-engines and GE, 2 reasonably certain bets.
And for the somewhat more risky bet I would take AMR (American Airlines) because they have a very good chance in surviving the current US airline industry recession and turn some decent profit once the market turns.
They still have a lot off good bases : the Southern US, Caribbean and South America and a decent market share in Chicago , also they still have a good relationship with BA.
As long as they don't start going on an unnecessary shopping trip (737/787/777) they should be doing okay.
PlaneSmart From New Zealand, joined Dec 2004, 663 posts, RR: 0 Reply 22, posted (7 years 2 months 1 week 5 days 4 hours ago) and read 2332 times:
If you are out to make money through dividends and/or value appreciation, US-based airlines should be avoided.
However, many US-based airlines, especially the legacies, have perks for shareholders, although some now are wiser and smarter and have certain minimum values where these apply.
So if you don't have relatives in the industry, and plan to do some travelling, some airline shares, even if they become worthless in say 2yrs, may still give you a good return.
PapaNovember From United States of America, joined Jan 2005, 473 posts, RR: 2 Reply 23, posted (7 years 2 months 1 week 5 days 4 hours ago) and read 2314 times:
You could make a low buy-bid for Delta.... It's trading for just above $4.00. Low trade on Friday was $3.80, high was $4.30.
What other airlines have you looked at with this sharebuilder program/system?
Jasepl From India, joined Jul 2004, 3582 posts, RR: 51 Reply 24, posted (7 years 2 months 1 week 5 days 3 hours ago) and read 2276 times:
Quoting B747-437B (Reply 16): I'm hesitant to be bullish on Jet Airways for now because they will be beginning another cycle of heavy capital spending - and their performance in the last capital spending cycle left them saddled with a lot of exorbidantly priced debt that they struggled to service.
While all indicators are solid for Jet to be succesful in longhaul services, there does need to be caution on that front because it IS a new area of business.
Sure. But which one would you invest in? Other than your longstanding emotional investment in Air India, of course.
[Edited 2005-03-13 20:23:02]
25 NorskMan: Investing in Air Canada and WestJet a couple of weeks ago would have been wise.
26 FLY2LIM: Not sure exactly where you come from with that question. First, he asked and I answered with my opinion. Second, the part in parenthesis is a direct
27 EMBQA: Some famous words of a well known American Entrepreneur. The fastest way to become a millionaire?................ First ,be a billionaire and invest i
28 Adam: Yes indeed that would have been a good question, being more specific to my needs. I wanted to know soley about B6. Maybe, but then I'd get chewed out
29 Qantas077: how's he going to invest in EK? they aren't even listed on the stock market!
30 ArmitageShanks: I would never invest stock in a single airline.
31 Jeremy: Don't do it. You're better off putting it on red or black in Vegas. I love avaition too, but you NEVER bet with your heart!