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Atlas Air Worldwide Holdings, Inc. Message Board

  • inapdave inapdave Mar 12, 2009 8:25 PM Flag recommendation

    This note is from Arnie Alsin ( contributor) in December...

    Atlas Air (AAWW - commentary - Cramer's Take): This company, a leader in the global air cargo business, owns the largest fleet of 747 freighter aircraft in the world. The stock trades at about $16 a share, down from $66 earlier this year. Normalized earnings of $4 a share are achievable next year, especially in light of the sizable drop in oil prices. The company's new 20-year deal with DHL makes a rebound in operations that much easier. I expect the stock to return to the $40-$50 range by 2010.

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