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14 Airline Stocks Flying High in 2019This summary was created by AI, based on 2 opinions in the last 12 months.
Based on the reviews from different experts, it appears that United Continental Holdings (UAL-N) is seen as a strong investment. The company has achieved its target at $72 and is recommended to cover half of the position at this time while trailing up the stop. Additionally, the airline holds a significant market share and is trading at a low valuation with strong financial metrics. The cash reserves are growing and debt is being retired aggressively, indicating a healthy financial position. Overall, the stock seems to be performing well and is considered an attractive investment by experts.
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.)
Airline stocks have a tendency to be volatile. There is some seasonality in the spring time and you get a time in the summer when the stock does well. Looking at the charts, he does not see a seasonal pattern. Technically the chart shows it is forming a nice little base and is in a very tight trading range. One thing that is positive is that it is trading near the bottom of its trading range. If it holds the low of around $38, that is going to be a good sign. If it moves above the $60 level, you are going to see another move to the upside. Nothing special here. You want to be in stocks that are outperforming, and this is not in that category.
United Continental Holdings is a American stock, trading under the symbol UAL-N on the New York Stock Exchange (UAL). It is usually referred to as NYSE:UAL or UAL-N
In the last year, 1 stock analyst published opinions about UAL-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for United Continental Holdings.
United Continental Holdings was recommended as a Top Pick by on . Read the latest stock experts ratings for United Continental Holdings.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered United Continental Holdings In the last year. It is a trending stock that is worth watching.
On 2024-12-12, United Continental Holdings (UAL-N) stock closed at a price of $95.97.
Our PAST TOP PICK with UAL has achieved its target at $72. To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $41) to $47.