Three Airline Stocks You Need to Own
James | Aug 16, 2010 | Comments 11
The airline industry has rebounded quite proficiently since it’s 2009 lows. I believe it has strength going forward and expect these three stocks to lead the way.
Boeing (BA) this aerospace and defense company has soared 40%+ the past year. Don’t expect this trend to stop anytime soon as pegged against its PEG ratio the stock is relatively cheap. With huge contracts on the way, strong book, and excellent cash flow all bodes well for Boeing expect it to rise to $95.
Delta Air Lines (DAL) provide air transportation for both passengers and cargo. Despite it’s shaky history the stock has successful exited bankruptcy and become relevant once again. The stock is relatively cheap compared to the rest of the sector making it a good potential investment.
UAL Corp (UAUA) owns United Air Lines. This stock to has emerged again after enduring a bankruptcy restructuring. The stock has soared recently though expect this trend to continue as projected earnings ratio is very favorable.
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