A stock price fundamentally does nothing. You say you are in it for both divi and price appreciation, thus indicating you are in it for the long haul ( divi). So while there is a quick euphoria with a split it does not last and that momo dissipates rapidly and we are at the same valuation.
In today's trading environment it is easy to buy stocks in less than 100 increments due to fee structured online trading without additional cost. So price has zero impact now. You invest "X" amount of dollars. # of shares is not relevant any longer as it was 30 years ago.
Goldman says cheap oil "could" reduce orders. Wow. But for now there is a multi-year backlog. We don't know where fuel will be in 4-5 yrs. horrible by Goldman trying to scare the mkt. but it worked temporarily.
Problem is the theory is wrong, and it is just a whimsical guess by gs. When a company has strong profits, ie cost such as fuel goes down, those profits are reinvested to improve processes and efficiencies and to have improved products for customers. Thus if improved profits allow airlines to improve operations by being able to order more efficient planes that improve customer satisfaction, then that is what you do. Because if they don't, then their competitor will.
Horrible what GS did. "Could" that analyst should be fired for such a moronic statement. Be definitive.
Not about current earnings. It is about future earnings and growth rate of top and bottom line, thus determining what multiple is applied to earnings. With a slowdown due to margin contraction as a result of discounts increasing for various reasons the multiple is contracting a bit. I think it is an over reaction as gild was not getting an outrageous valuation or multiple to begin with. They gave guidance so that you can calc next years eps. Do it and compare to this year or even this last qtr and see what growth rate mgmt supplied the street. There in you will find your answer.