Behramjee From Canada, joined Aug 2003, 5083 posts, RR: 47 Posted (11 years 9 months 1 week 3 days 7 hours ago) and read 2484 times:
I would like to get some advice from some of you as to which airline would be profitable to buy shares of this month :
1. HAWAIIAN share price went up 17% on FRI alone
2. CHINA SOUTHERN went up 5.61% on FRI too...see the above link and scroll down.
Currently what Ive invested in and made good $$$ in is on Southwest Airlines (5.7%+), MESA (16%+), DELTA (12.5%+), ALASKAN (6.87%+), AMERICAN (5.16%+).
I strongly believe that JET BLUE at its current price of $ 35 a share will rise back to the $ 50 level and that this winter with USA reporting a strong 8% growth economically, key winter destinations like HNL (hub of Hawaiian) will be getting 1000s of tourists so Hawaiian sounds like a good option and its shares are only worth $ 2.76 each!!! Also Southwest always being profitable is a good one too and others that come to mind are the Chinese listed airlines in the Dow Jones and NASDAQ.
However I would appreciate your input and future predictions too pertaining to this matter of which airline stock prices is worth investing in this winter.
Goingboeing From United States of America, joined Dec 1999, 4875 posts, RR: 15
Reply 6, posted (11 years 9 months 1 week 3 days 7 hours ago) and read 2446 times:
Too bad you didn't invest in AMR in Jan, it's up 94% YTD.
That's true, but there had also been a lot of talk about a possible bankruptcy. SHould that have occured, AMR would have been a penny stock, and anyone fool enough to hold it after that would most likely be left with worthless paper, as holder of U stock did and UAL stock will.
B747-437B From , joined Dec 1969, posts, RR:
Reply 8, posted (11 years 9 months 1 week 3 days 6 hours ago) and read 2439 times:
The strongest earner this year YTD has been AWA and I expect them to continue solid growth. However, the market doesn't always reflect solid results.
If i were a betting man who didn't mind a lot of risk, I'd throw my money into DAL. They have currently forecast a dismal Q4 revenue picture which has nowhere to go but up. The stock price has already adjusted to take account for the projected earnings, so if they are able to come in above those levels they will likely see a solid spike.
JBLU is overpriced. Don't go near them.
I strongly cautioned against AMR earlier this year and continue to do so until we can see their cost control hold over a longer term. But I am more bullish on them than I was 6 months ago.
Also, considering the current round of musical regionals I would look closely into those stocks as those are usually solid bets for strong earnings once a long term contract is locked up. SKYW and XJT obviously are the lowest risk options, but MESA and PNCL could possibly benefit depending on what transpires with ACAI and MAIR respectively.
EMBQA From United States of America, joined Oct 2003, 9364 posts, RR: 10
Reply 10, posted (11 years 9 months 1 week 3 days 6 hours ago) and read 2415 times:
That +17% you watched on Friday with HAL will surely turn into a bigger loss on Monday. Just like 'Mariner' said, the company is in bankruptcy, so all the people out there that are just waiting to see a slight rise will now dump it to cut their losses when/if they cancel the stock.........just like USAirways did.
You watch. Its called PROFIT TAKING...and happenes all the time.
"It's not the size of the dog in the fight, but the size of the fight in the dog"
Luv2fly From United States of America, joined May 2003, 12308 posts, RR: 45
Reply 12, posted (11 years 9 months 1 week 2 days 10 hours ago) and read 2376 times:
Warren Buffet said it best when it comes to airline stock, "If you want to be a millionaire in the airlines industry, then just invest a billion and soon you will be!" I am not sure I am quoting him 100%, tho you should get the picture, loud and clear.
CanadaEH From Canada, joined Jul 2003, 1341 posts, RR: 3
Reply 13, posted (11 years 9 months 1 week 2 days 9 hours ago) and read 2365 times:
I've heard that Westjet is the best airline to invest in. It's been given an outperform rating for a few years now and has consistently beat analysts expectations. My advice would be to read investor reports on certain airlines before making your choice. Coming from a Westjet shareholder myself, I am very pleased by the money I've made on my stock..