14 Airline Stocks Flying High in 2019

His model price is $27.69, 46% higher than the current price, but the stock’s technicals are giving a sell signal and the earnings estimates have been crashing. Since 2010, the stock has hit this level three times and done fantastically after that. He would buy a little bit here but would not buy more until…

He just sold it. It's had a fine upward trend since 2016. Had good volume today, which was a pullback. No reason to sell it. It may pause this summer, but don't sell.

A nice uptrend since 2014-7, then troughed last December. In mid-2018 it stayed at levels as the same as today--this could mean shareholders selling around $8 so they breakeven. He's neutral on this.

*SHORT* (Pairs trade with a Long on Air Canada (AC-T). This has razor thin margins, so any little hiccup can throw them into losses. Last quarter there was warm weather, the currency, a threat of pilot strikes, Zika mosquitoes. Had very ugly Q1 numbers. Management indicated Q2 was going to be ugly as well. Everyone…

This is an ultra-low cost airline. The airlines have been doing very well recently. The chart shows the company is transitioning from one kind of company to another at around mid-December. He likes very-low-price companies but would be cautious about how much he would invest. Not more than 3% of his portfolio. He would expect…

One of the best run companies in the US. Earnings have come under pressure from competition and higher fuel costs. If earnings were normalized, the P/E would be in the mid teens.

Feels there is a trading catalyst to own an airline here. There has been some consolidation in this space. Traditionally these are not well run businesses but there is less capacity now, fuel is moving up and surcharges can be passed on. If they can manage those earnings and can guide the street conservatively, a…

Airlines are trading at very low multiples compared to other transportation. It is dirt cheap. An ultra low cost carrier. Flies to major domestic cities. Best margin in the business. It is not a business travelers` airline. They do 13% more flights per day with their planes than other carriers.

Chart shows this is retesting old highs, and that is always bullish.

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…

Just hit 52-week high Firing on all cyclinders with strong demand for global travel. But he doesn't buy stocks at 52-week highs. Wait for a pullback to buy or add.

The will get tax relief from the election. For decades airlines were hated businesses because they were so competitive. Now the top 4 airlines represent 91% of the industry in the US. They are almost an oligopoly. They now have pricing power. (Analysts’ target: $22.42)

Cheap.

This is a recent acquisition. The backlog of orders for Boeing and Airbus is tremendous. He thinks China will favor Airbus over Boeing in future orders. He thinks the Bombardier acquisition gives them an advantage over Boeing across the fleet. They are also setting up a new maintenance service, which might take over work currently…