Company Overview - LATAM Airlines is valued at $19.60 billion and is a leading airline group based in Santiago, Chile, providing passenger and cargo air transportation services across the Americas, Europe, and Oceania [1] - Founded in 1929, LATAM Airlines underwent significant expansion, notably merging with Brazil's TAM Airlines in 2012, and now serves 151 destinations in 27 countries with a fleet of 347 aircraft [2] Stock Performance - LATAM Airlines recently set a new 52-week high, with the stock up 110% over the past year [6] - The stock has gained 109.74% over the past 52 weeks and is currently trading at $65.97, with a 50-day moving average of $57.08 [7] - Since the Trend Seeker issued a new "Buy" on November 19, shares are up 35.19% [3] Technical Indicators - LATAM Airlines maintains a 100% technical "Buy" opinion from Barchart, with a Weighted Alpha of +116 [6][7] - The stock has made 12 new highs and is up 12.53% over the past month, with a Relative Strength Index (RSI) at 65.61 [7] - There is a technical support level around $64.20 [7] Market Sentiment - Wall Street sentiment is positive, with 5 "Strong Buy" and 1 "Moderate Buy" ratings, and price targets ranging from $56 to $80 [6]
1 Hot Stock to Watch That’s Up 110% in Just the Past 52 Weeks