One stock that might be an intriguing choice for investors right now is American Airlines Group Inc. (AAL) . This is because this security in the Transportation - Airline space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking pla ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

FORT WORTH, Texas, Jan. 11, 2024 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ:AAL) will webcast a live audio feed of its fourth-quarter and full-year 2023 financial results conference call with financial analysts and journalists on Thursday, Jan. 25, at 7:30 a.m. CT. The webcast will be available to the public on a listen-only basis at aa.com/investorrelations. An archive of the call will be available on the website through Feb. 25. About American Airlines GroupTo Care for People on Life's Journey®. ...

American Airlines (AAL) closed the latest trading day at $14.35, indicating a -0.21% change from the previous session's end. This change lagged the S&P 500's 0.57% gain on the day. Meanwhile, the Dow experienced a rise of 0.46%, and the technology-dominated Nasdaq saw an increase of 0.75%.Shares of the world's largest airline have appreciated by 2.42% over the course of the past month, outperforming the Transportation sector's gain of 2.08% and lagging the S&P 500's gain of 3.4%.The upcoming earnings releas ...

Back on Oct. 19, we looked at 10 airline stocks and ranked them by a core measure of profitability used in the industry. That turned out to be excellent timing, because airline stocks have soared even more than the broad stock market since then.On Tuesday, a harsh downgrade of JetBlue Airways Corp. JBLU, -0.12% by BofA Securities analyst Andrew Didora helped send that stock down 10%. The analyst has a negative outlook for the entire domestic airline industry, citing a decline in demand together with plenty ...

An American Airlines Airbus 321 sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, on July 23, 2023.American is making a host of changes, announced on Tuesday, that will extend some services solely to AAdvantage members.And while American increased the threshold to earn its lowest level, Gold, for the 2023-2024 earning year ending Feb. 29, the carrier won't move those needles for the next earning period. Elite status on airlines rewards big spenders with perks like c ...

Key PointsEven after the early-in-the-month pullback, the S&P 500 is trading less than 1% below its December 28 high.Stocks like Nvidia and Eli Lilly are good indicators that investors still have conviction about growth.However, geopolitical events, upcoming earnings or market sentiment could lead to either breakouts or breakdowns. 5 stocks we like better than Alaska Air GroupThe discouraging start to 2024 didn’t result in the SPDR S&P 500 ETF Trust NYSEARCA: SPY falling anywhere close to its 50-day moving ...

Boarding1Now American Airlines (NASDAQ:AAL) has been a trailblazer in the skies, but its new iteration presents a distinctly different feel. Previously, airlines aggressively battled for market share in what was often a highly competitive industry. Profitability in the airline sector was seen as the result of a strategic financial war involving some of the biggest names rather than a given. However, the pandemic fundamentally altered the landscape for airlines. In the past, investors would eagerly buy share ...

American Airlines Group Inc. stock gained altitude on Monday after the carrier drew an upgrade from Morgan Stanley as part of the investment bank’s fourth-quarter earnings outlook for the sector.American Airlines AAL, +7.21% was up about 6% in midday trading, with the carrier also avoiding having to ground any planes since it does not have any Boeing BA, -6.68% 737 Max 9 jets in its fleet. Alaska Airlines and United Airlines grounded all of their 737 Max 9 planes on Sunday after a fuselage panel blew out mi ...

The shares of American Airlines Group Inc (NASDAQ:AAL) are up 5.3% at $14.32 this morning, brushing off Boeing's (BA) drama and flight cancellations following a bull note form Morgan Stanley. The firm upgraded AAL to "overweight" from "equal weight" on an improving balance sheet and impressive post-pandemic performance.In addition to the upgrade, Bernstein raised its price target on the security to $20 from $19. The brokerage bunch was pessimistic towards the equity coming into today, with just three of 16 ...