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TSE:WJA

Westjet Airlines (WJA.TO)

30.99
-0.00 (0.00%)
as of Dec 13, 2019, 9:00:00 pm Market Open.
62 watching
0
COMMENT

Has never liked the airline industry. Expects this is a very well run company and is the best of all these companies. There is so much capital expenditure that it is easy for something to come along and have the stock crater. Sees this more as a trading vehicle than a long-term investment.

PAST TOP PICK

(A Top Pick Oct 1/12. Up 34.7%.) Had recommended selling it once it had gone up 26%-27%. Still likes it as a company, but you've had a decent return.

DON'T BUY

This is a transportation stock that is seasonally negative at this time of year. October through to December is the period of seasonal strength. Chart is still trying to form a bottom.

DON'T BUY

Doesn’t invest in airlines. Too highly capitalized. Too hard to judge if they earn their cost of capital. Probably one of the best run airlines and they have done a tremendous job, but the pullback could be because of worries about the economic outlook. Don’t buy airlines unless speculating.

BUY

Has pulled back and the chart shows that it has a bit of a double bottom here. This company is doing everything right. This could have been one of his Top picks today.

DON'T BUY

Airline sector is not one that she likes. There are a lot of factors that are beyond the control of the companies. Also, they are very capital intensive. Thinks there is increasing capacity coming into Canada and when this happens, pricing tends to come down.

COMMENT

As a general rule, he does not buy airlines. However, these guys are really good operators. If he were to put an airline in his funds, this would be the kind of company that he would want. Expects oil prices will stay low, and if so, you should do okay in the airlines.

DON'T BUY

Doesn't own any airlines, because airlines are trades at best, but not a long term investment.

SELL

Every day this week he's gotten a promo advertising a sale for an airline. Their load factors are high, so the planes are crowded. The business seems very difficult, and over a long period it can't make money.

DON'T BUY

When it get's to mid teens to mid 20's some support will come back. Not there yet.

DON'T BUY

Broke trend. Right in line with pier to seasonal strength. Pursue later in the fall.

WATCH

Has pulled back in the last couple of days. Some concern about the higher end of the market. It is sitting on support from a technical perspective and he is waiting to see how they hold over the next few days. He is watching it but thinks it is still in a long term uptrend. Don’t put a full position on it.

HOLD

We are right at the trend line so you could probably hold on for now. RSI is down to 20. Looks like it is basing.

COMMENT

Well managed airline. Has a strong seasonality running up to about this time of year and then it tends to peak out. Currently, has been consolidating and if it broke below the bottom of the consolidating line, that would be a good time to exit.

PAST TOP PICK

(A Top Pick Jan 23/13. Up 15.07%.)

Showing 121 to 135 of 322 entries