Airline stocks are ready to go up
Airline stocks are positioned to go much higher. At least, this is what some investors, whom I have followed for some time and who, unlike CNBC analysts and Lehman Brothers people know what they are doing and have made considerable cash in both, Bear and Bull markets, are buying. Technically, entire airline sector is about to enter new Bull market. With all the cost cutting moves including layoffs, decreasing number of routes and planes, every airline has become much leaner and less expensive to run. Cheap oil of course helps tremendously as well, and airlines hedged nicely against potential increases down the road. Delta buying Northwest and likely deal between Continental and United will make these companies more profitable. So if you have few dollars left, you may want to buy United, Delta, or any other airline stocks. Jet Blue while likely to offer biggest returns is the most volatile stock at this point. Just for your information - do your own research.
Mon Dec 29, 2008 11:12AM by Tony | More in Stocks | Comments (0)
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