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Not Too Late To Buy The Airlines
Forbes· 2024-12-26 11:00
Photo by Mario Tama/Getty ImagesGetty ImagesThe stock market is likely to continue to rally into January. There may be some weakness from February into March, but 2025 is due to close on the upside.The relative strength screen of the S&P 500 stocks shows three airline stocks in the top fifteen.S&P 500 Relative Strength ScreenUnited, American, and Alaska are among the strongest stocks. Cycles Research Investments LLCApplying the same analysis to the S&P groups, the airline group is ranked number three.S&P 50 ...
Earnings Estimates Rising for American Airlines (AAL): Will It Gain?
ZACKS· 2024-12-25 18:21
American Airlines (AAL) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this world's largest airline, should get reflected in its stock price. After all, empirical research shows a strong correlation betwe ...
American Airlines Stock Lower After Grounding Flights
Schaeffers Investment Research· 2024-12-24 15:19
American Airlines Group Inc (NASDAQ:AAL) stock is down 1.4% to trade at $17.01 at last check, after the company grounded flights across the nation due to a technical issue. Operations have already resumed, though.AAL sports a 25.5% year-to-date lead, and is fresh off a Dec. 10, 52-week high of $17.96. The $16 region contained the equity's pullback from that peak, with the ascending 20-day moving average also providing support.Analysts are already pessimistic, with 12 of the 20 firms in coverage calling it a ...
American Airlines flights temporarily halted due to ‘technical issue'
Proactiveinvestors NA· 2024-12-24 14:29
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
American Airlines Experiences 'Technical Issue' on Big Travel Day
Investopedia· 2024-12-24 14:01
The Federal Aviation Administration (FAA) canceled a brief nationwide ground stop requested by American Airlines (AAL) on Christmas Eve, one of the busiest travel days of the year. "A technical issue is affecting American flights this morning," American Airlines said, according to reports. "Our teams are working to resolve the issue as quickly as possible, and we apologize to our customers for the inconvenience." Americans are expected to travel in large numbers this holiday season. The American Automobile ...
American Airlines grounds flights nationwide because of technical issue
CNBC· 2024-12-24 12:59
American Airlines planes sit by their gates at the Miami International Airport on October 25, 2024 in Miami, Florida.American Airlines grounded flights nationwide Wednesday morning due to a technical issue, snarling travel during what carriers expect to be a period of record demand for the holidays.By 7:55 a.m. ET the groundstop had been lifted, an American Airlines spokeswoman told CNBC."A technical issue is affecting American flights this morning," a spokeswoman said. "Our teams are working to resolve the ...
American Airlines grounds all US flights
Sky News· 2024-12-24 12:49
American Airlines has grounded all flights in the US due to an unspecified technical issue.The Federal Aviation Agency said: "American Airlines is reporting a technical issue and has requested a nationwide ground stop." The airline has not said why it was stopping all flights but Christmas Eve travellers face the possibility of significant disruption."An estimated timeframe has not been provided, but they're trying to fix it in the shortest possible time," the airline said on social media.In a preliminary s ...
Buy, Sell, Or Hold American Airlines Stock At $17?
Forbes· 2024-12-20 11:00
SAN DIEGO, CALIFORNIA - NOVEMBER 18: An American Airlines Airbus A321-231 taxis on the runway before ... [+] departing from San Diego International Airport on November 18, 2024 in San Diego, California. (Photo by Kevin Carter/Getty Images)Getty Images American Airlines stock (NASDAQ: AAL) is up 15% in this month after the company raised its Q4 outlook. American Airlines now expects its Q4 earnings to be in the range of $0.55 and $0.75 per share, versus its prior guidance of $0.25 to $0.50. The company will ...
Sky-High Opportunities: 2 Airlines to Watch in 2025
MarketBeat· 2024-12-13 12:46
As we head into the final few weeks of the year, it’s a good time to think about the industries and stocks that are looking likely to do well in 2025. One such industry that is starting to gather momentum is the airline industry. After a somewhat volatile first half of the year, airline stocks in general, as seen in the US Global Jets ETF NYSEARCA: JETS, are on track to finish the year on the front foot. The ETF is up more than 50% since August, and while it’s not quite at 2021’s level yet, it’s almost wit ...
5 Broker-Loved Stocks to Keep an Eye on as Inflation Woes Stay
ZACKS· 2024-12-13 12:25
Inflation in November rose the most in seven months. However, investors believe that inflation is still not that high to prevent the Fed from cutting interest rates. The reason for this optimism is that despite the rise, the consumer price index or CPI and the core CPI, which excludes volatile food and energy prices, were in line with expectations. The in-line readings leave the door open for the Fed to cut rates further at its upcoming December meeting.Investors would like to take advantage of this encoura ...