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Compiling comments that experts make about stocks while on public TV.

2017-01-10

Opinion for United Continental Holdings (UAL-N)

Signal Price Bias Subject Owned
TOP PICK $73.530 UNKNOWN NORTH AMERICAN - LARGE Yes

About 15-20 years ago, the top 10 airline carriers in North America only accounted for about 15% of the air volume, and now the top 4 account for 80% of all traffic. This has turned itself into a really, really good oligopoly, so they have pricing power. The interesting thing is that the airline group still trades at about 4.5X EBITDA, because people still have long memories of when they were horrible. (Analysts’ price target is $81.09.)

Bruce Tatters
Founding Partner and CIO, Triumph Asset Management

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