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5 Broker-Favored Stocks to Keep an Eye on in the Current Year
Zacks Investment Research· 2024-01-04 12:31
The U.S. stock markets, which ended 2023 on a healthy note, are likely to continue their impressive showing in 2024. With inflation cooling and consumer confidence gaining strength, the U.S. economy appears to be on a solid footing. Moreover, fears of the economy slipping into a recession eased to a great extent.Notably, several Fed officials have indicated at least three rate cuts of 25 basis points in 2024. Rate cuts will lower borrowing costs, implying that consumers will be able to spend more freely.Inv ...
3 Airline Stocks That Could Fly Higher in 2024
Zacks Investment Research· 2024-01-04 02:02
Beginning 2024 several airline stocks look attractive with a few holding spots on the Zacks Rank #1 (Strong Buy) list. On Wednesday the U.S. Department of Transportation stated travel around Christmas and New Year’s was notably smooth with the cancellation rate at just 0.8% despite a record number of passengers flying during the busy holiday season.In comparison, the cancellation rate during the same period at the end of 2022 was at a screeching 8.2%. Better still, there were 16.3 million domestic flights l ...
GraniteShares ETFs Announces Name Change and Investment Objectives on some of its Short and Leveraged ETFs
Newsfilter· 2024-01-03 22:00
New York, Jan. 03, 2024 (GLOBE NEWSWIRE) -- GraniteShares today announced plans to amend the names and leverage factors for some of its short and leverage ETFs (the "Funds"). The change in leverage factor results in a modification of the investment strategy. Effective January 22, 2024, the Funds will aim to replicate either +2 or -2 times the daily variations of their underlying stocks. Eight of the Funds already trade on the NASDAQ. The Funds' CUSIPs and Tickers are not expected to change. TICKER SYMBOL CU ...
American Airlines stock sinks toward longest losing streak in more than 2 years amid a broad selloff in the airline sector
Market Watch· 2024-01-03 17:11
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Why American Airlines (AAL) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-01-03 16:19
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...
US airlines say they're ready for record holiday travel
TechXplore· 2023-12-21 13:28
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Travelers wait in the security line in Terminal A at Boston Logan International Airport in Boston, Massachusetts on December 21, 2023. US airlines are gearing up for record traffic this holiday season, having beefed up staffing in the hopes of avoiding a repeat of last Christmas's operational meltdown. Authorities expect more ...
AAG(AAL) - 2023 Q3 - Earnings Call Transcript
2023-10-19 16:37
American Airlines Group Inc. (NASDAQ:AAL) Q3 2023 Earnings Conference Call October 19, 2023 8:30 AM ET Company Participants Scott Long - Vice President, Investor Relations and Corporate Development Robert Isom - Chief Executive Officer Devon May - Chief Financial Officer Vasu Raja - Chief Commercial Officer David Seymour - Chief Operating Officer Conference Call Participants Helane Becker - TD Cowen David Vernon - Bernstein Andrew Didora - Bank of America Michael Linenberg - Deutsche Bank Catherine O'Brien ...
AAG(AAL) - 2023 Q3 - Earnings Call Presentation
2023-10-19 14:23
• • • • • • ® • ® • Bookings contribution by distribution technology 22% ...
AAG(AAL) - 2023 Q3 - Quarterly Report
2023-10-19 11:01
☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission file number 1-8400 American Airlines Group Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or or ...
AAG(AAL) - 2023 Q2 - Earnings Call Transcript
2023-07-20 15:51
American Airlines Group Inc. (NASDAQ:AAL) Q2 2023 Earnings Conference Call July 20, 2023 8:30 AM ET Company Participants Scott Long - VP of IR and Corporate Development Robert Isom - CEO Devon May - CFO Vasu Raja - Chief Commercial Officer Conference Call Participants Jamie Baker - JPMorgan David Vernon - Bernstein Scott Group - Wolfe Research Conor Cunningham - Melius Research Helane Becker - TD Cowen Brandon Oglenski - Barclays Duane Pfennigwerth - Evercore ISI Andrew Didora - Bank of America Michael Line ...