By chance did you happen to notice that AAL has DOUBLED in 2014 & handily CRUSHED the market overall ? Are you going to be OK ? 15 years "investing" in airlines ?????? are you crazy ? NO ONE has been successfully "investing" in airlines in that period. How many bankruptcies have you had ?
DAL made important comments yesterday that are important for the group & can shine specifically on AAL. DAL made disciplined comments that they are flowing fuel savings to shareholders and NOT lowering prices for consumers. This will continue to break down the OLD thinking that airlines will shoot themselves in the foot making bonehead decisions like they did in the past. Look for AAL CEO Parker to echo similar remarks----pay down debt, modernize fleet, stock buybacks et al. Still a good bit of room for AAL & the group to run.
The airline industry lost $ 16 of past 25 years because of poor management (Bob Crandall the AMR CEO poster boy !) poor discipline which resulted in an unfriendly investment environment. Nowdays Parker & others have learned from this history & the sector is on its way to investor friendly----with dividends, rational pricing, financial metrics in place. This leads to a greater institutional presence and likely increasing earnings multiples (comparable to other transports) ---- first time in 25-30 years that I've followed the sector.
Are you comparing THLD to BLUE ??? you should get familiar with BLUE as its the real deal (along with RARE & KITE).
The current jet fuel spot market price is $2/gal & heading lower. This compares to the prior week's $2.18 spot price. Look for wall street estimates to climb across the board over the next month. Stock should conservatively see $60/share without too much concern over the next 6 months.
what specifically are you alluding to ? or just trying to throw out a bone because some of senior management are there ?
$80.50 is JPM analyst '15 yearend target for AAL. He's been following the sector for a long time & has a very strong institutional following (ranked #1 Institutional Investor airline analyst in the recent voting). Unless AAL management drops the ball big-time on integration or the economy drifts into recession the stock has a nice risk/reward looking out over the next year. Relax & enjoy the ride---lots of upside remains especially as Wall Street has yet to increase their earnings estimates for '15 & '16. AAL has over $1 Billion in integration cost savings on the horizon along with lower jet fuel costs----now approaching $2/gal !
JPM today raised their target price to $80+ over the next year, carrying untaxed EPS for '15 topping $10/share & also raising '16 estimates from $9.05 to $11.22. Airline stocks appear cheaper TODAY than at summer's end. Look for consensus estimates ( '15- $7.41 & '16-$ 7.49) to move up significantly.
From the same idiot who was asleep at $28/share last month+ ---- this clown really missed almost all of 2014 performance. Bet they brought little Glenn in all kicking & screaming as he was forced to upgrade.
did you just get off the phone with TRowe ??????
you sure have been so right on this one over the years ! is this your first stock or are you still practicing ? you sure like your lottery tickets !