Airline stocks were struggling to get off the ground Tuesday as the sector’s laundry list of risks kept investors cautious. ...

Players in the Zacks Airline industry did not perform well on the bourses on Friday, Jan 12, 2024. Industry heavyweights like Delta Air Lines (DAL) , United Airlines (UAL) , American Airlines (AAL) and Southwest Airlines (LUV) declined 9%,10.6%, 9.5% and 4.3%, respectively, from Thursday’s closing price. With major constituents moving south, the NYSE ARCA Airline index fell consequently, ending Friday’s session at $62.29, down 4.4%.Of the abovementioned stocks, American Airlines presently carries a Zacks Ra ...

Despite the market’s incredible run in 2023, there are still plenty of stocks that are playing catch-up and have room for rapid expansion. Nearly three-quarters of stocks in the S&P 500 underperformed the benchmark index over the past year as gains were concentrated primarily in technology stocks. This means that there are many securities that are due for a breakout in the coming months. With this in mind, investors should look for signs that the market rally is broadening out and take positions in stocks o ...

For investors in a range of airline stocks, it has been a tough trading day. Indeed, shares of Delta Air Lines (NYSE:DAL), United Airlines (NASDAQ:UAL) and American Airlines (NASDAQ:AAL) are all trading lower today after Delta reported earnings that rubbed investors the wrong way.The company did report adjusted EPS and revenue that exceeded expectations by a healthy margin. Delta’s $1.28 per share of adjusted EPS beat expectations of $1.17. Meanwhile, revenue of $13.66 billion came in higher than the $13.52 ...

Key PointsThis week, Morgan Stanley upgraded AAL from Equal Weight to Overweight alongside a prediction that it can appreciate to $20 by year end.AAL is trading at 6.2x trailing 12 months earnings while its three S&P 500 peers — Delta, United and Southwest — have an average trailing P/E ratio of 17x.The 50-day and 200-day moving averages are starting to converge and a high volume breakout could cause panic to set in among shorts — and buying pressure to accelerate.5 stocks we like better than American Airli ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...

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 ...