|Bid||50.33 x 1000|
|Ask||50.34 x 800|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||13.40|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||67.31|
Looking to stretch your feet on your next flight? Maybe not. The new airbus A321LR is a single aisle, narrow body jet with 800 miles. Though passengers will sit on a tightly packed flight, the aircraft is capable of trans-atlantic flying, nonstop flights between smaller cities and letting discount carriers drive prices even lower. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with the panel.
Goldman upgraded United Airlines to buy from neutral and downgraded Spirit Airlines. Yahoo Finance's Jen Rogers, Myles Udland and Rick Newman discuss.
US airline stocks gained massively on June 13 after a JPMorgan Chase analyst said that the carriers are lifting fares more rapidly than anticipated. The analyst believes that in addition to the strong travel demand, US air carriers are also benefiting from a reduction in the supply of flights and seats due to the worldwide grounding of Boeing’s 737 MAX jets.
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But one can do...
In 2017, Sea-Tac parking saw 11 days at full capacity and in 2018 that tripled to 33 days. Airport officials are projecting 44 or more days at full capacity this year.
Spirit Airlines Inc NYSE:SAVEView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for SAVE with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold SAVE had net inflows of $568 million over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Before we spend days researching a stock idea we'd like to take a look at how hedge funds and billionaire investors recently traded that stock. S&P 500 Index ETF (SPY) lost 2.6% in the first two months of the second quarter. Ten out of 11 industry groups in the S&P 500 Index lost value in […]
Goldman Sachs analyst Catherine O’Brien upgraded United from Neutral to Buy, keeping the price target at $108. O’Brien downgraded Spirit Airlines from Buy to Neutral and lowered the target price from $69 to $60. O’Brien said in a Thursday note to airline investors that Goldman now sees downside risk to the EPS forecasts for Spirit.
The air travel experience has decreased in quality in the past few years for a number of reasons. Among them: not leaving problems on the ground.
United shares were rising 0.86% to $82.55 Thursday after Goldman upgraded the stock to buy from neutral and maintaining its $108 price target. "Given [United]'s share price decline since we initiated in November 2018, it now has one of the highest levels of upside potential to our price target in our coverage universe," said Goldman in a note to clients. The firm downgraded Spirit to neutral from buy.
Oil prices have plummeted in the past couple of weeks, significantly improving the earnings outlook for Spirit Airlines.
Spirit Airlines' (SAVE) focus on extending its network raises optimism on the stock and should boost its top line going forward.
Another low-cost carrier will soon serve Nashville International Airport. Florida-based Spirit Airlines will begin serving BNA this fall, officials announced Monday. "Nashville is one of the fastest growing metropolitans in the United State, which you can see from all the cranes outside," Spirit President and CEO Ted Christie said Monday.
Are you ready for some live music and hot chicken? Spirit Airlines is bringing its low fares and signature service to Nashville, Tennessee. Beginning October 10, 2019, Spirit (SAVE) will begin nonstop daily service from Nashville International Airport (BNA) to Baltimore/Washington, Fort Lauderdale, New Orleans, Las Vegas and Orlando. The six routes will operate year-round and create dozens of connections to some of Spirit’s most popular destinations, throughout the U.S., Caribbean and Latin America.
The SeaTac-based airline won the top passenger satisfaction score for the 12th consecutive year — and celebrated its victory with a fun ticket giveaway.
The Chicago-based carrier says it is laser-focused on improving the customer experience, but the new study suggests there is still a ways to go.
[Editor's note: This story was previously published in April 2019. It has since been updated and republished.]If you've been worrying about whether the boom already is over or when it will end, it might be time to start looking for some recession-proof stocks to buy to get you through the lean times. Even if you don't believe those times are not here yet, they very well soon could be.Consider this: The March 2009 low for the S&P 500 occurred more than ten years ago. Since 1945, the average economic expansion has lasted just under five years. This factor in itself should indicate the economy is currently seeing the late stages of the current economic expansion.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy for June For this reason, investors should have a plan in place to invest in defensive stocks. While such a shift will likely bring the S&P 500 down, some investors become wealthier in such conditions.Contrary to popular belief, some stocks move higher during economic downturns as changing consumer habits create opportunity. These seven companies should prosper in such times. Source: Shutterstock Costco Wholesale (COST)Costco (NASDAQ:COST) offers much to consumers during hard economic times. With the need to save money, people will dine in more. They will often buy in bulk and will still prefer high-quality goods. All of these factors work in Costco's favor.Moreover, while other retailers have struggled, Costco's growth continues. Same-store sales increased by almost 6% during the first half quarter of 2019. However, this number matters little to the bottom line. Due to its pricing, nearly all of Costco's profit comes from its memberships. Membership renewal rates have held at around 90% despite 2018's membership price increase.Further, with new locations opening and expansion into China underway, membership increases will continue.In 2017, the sentiment that Amazon (NASDAQ:AMZN) would take over retail hit Costco and other retailers hard. However Costco had a pretty good 2018 and the stock has seen steady growth. Source: Baron Valium via Flickr Walt Disney (DIS)With millions facing unemployment or underemployment during downturns, people find themselves with more free time. This creates an opportunity for Disney (NYSE:DIS) to serve as one of the downturn stocks to buy as they provide low-cost entertainment.Many regard its content library as the best available. This coincides well with the coming launch of Disney's streaming service. Disney is offering a lower price than its peer Netflix (NASDAQ:NFLX). While many customers will get both services, those focused on access to the best content library at the lowest price will choose Disney. * 7 Utility Stocks to Trust for Retirement This along with ESPN, Marvel, Lucasfilm, the theme parks and Disney's other ventures continue to drive Disney's profits higher.Because of Disney's switch to streaming, DIS can rise further. The forward P/E for DIS stock stands at about 15. This represents a low multiple for a stock seeing double-digit profit growth in most years. With the affordable entertainment Disney will offer, the profit growth for DIS stock should remain robust regardless of how well the economy performs. Source: Mike Mozart via Flickr Dollar Tree (DLTR)Of all recession-proof stocks to buy, perhaps none define the category better than Dollar Tree (NASDAQ:DLTR). As an extreme discounter, the store holds a continuous appeal to lower-income consumers and for those who want to keep spending to a minimum. During a downturn, this draw also attracts those who would regularly shop at higher-end stores during better times.However, even during these better times, DLTR stock has enjoyed average growth at about 16% per year over the last five years. Analysts believe growth will still hold at about 13.4% per year on average for the next five years. This growth will help it to compete with peers such as Dollar General (NYSE:DG) and Big Lots (NYSE:BIG).Now could be a great time to buy DLTR stock, whether a downturn comes tomorrow or two years from now. Both a downturn and its predicted growth could serve as catalysts to push the stock back to its high and perhaps beyond.The company operates over 14,800 stores in 48 states and five Canadian provinces. At a market cap of only $25 billion, Dollar Tree stands as a large company that will enjoy steady growth in the years ahead regardless of how the overall economy performs. Source: Shutterstock Spirit Airlines (SAVE)Even during this booming economy, ultra-low-fare carrier Spirit Airlines (NASDAQ:SAVE) has become the fastest-growing U.S. airline.Though airlines do not normally appear on lists of downturn stocks to buy, SAVE stock could buck that trend. For one, cash-strapped customers who might have flown a different airline when they felt wealthier, will turn to Spirit more often.Moreover, higher-end airlines would have to cut back service in more crowded airports. This could serve as an opportunity to take more market share at airports with little room to expand. * 6 Stocks to Buy for This Decade's Massive Megatrend The airline also continues its expansion in South America and has yet to tap the Canadian market. They are also looking at adding regional jet types to their fleet. They fly only certain types of Airbus aircraft currently. Adding a regional jet would allow them to expand to smaller domestic markets presently overlooked by discount carriers.Despite a temporary growth setback in 2017 from having to pay pilots more, analysts expect the fast growth pace to resume. The stock trades at a forward P/E of only about eight.Most expect Spirit to see the one of highest growth rates in the sector. With the ultra-low fares, high growth and the potential to expand, Spirit can prosper in almost any economic environment. Source: Drew Stephens via Flickr Molson Coors (TAP)Molson Coors (NYSE:TAP) and its peers have faced challenges as consumers increasingly turn to craft beers. Others have turned to wine and spirits, or away from alcohol altogether.During the last recession, consumption of mainstream beers fell as consumers turned to craft beers. The company saw the writing on the wall. They set out to acquire multiple craft breweries in various regions of the country.Some, such as Blue Moon and Leinenkugel, sell nationally. Other brands, such as Hop Valley or Revolver, come closer to the "microbrewery" concept, selling only in select regions of the country. This leaves Molson Coors with a wide variety of products to sell to both the low-end consumers and those who want to enjoy a "luxury" craft brew as they drown their sorrows during a downturn.The trend toward cannabis legalization could also benefit TAP stock. Spirits producer Constellation (NYSE:STZ) bought a stake in Canadian weed company Canopy Growth (NYSE:CGC) last year. The Molson Coors deal with cannabis company Hexo could also bolster revenue and earnings, which would help TAP to prosper as one of the better downturn stocks to buy.The stock trades at a forward P/E of 12. TAP stock saw minimal profit growth over the previous five years. Still, analysts predict profit growth will come in at almost 7.7% per year on average for the next five years. A move into cannabis would likely increase that estimate. Whatever happens with the economy, investors will have what they need to relieve the pain available on TAP. Source: MayApps207 via WikiMedia Teladoc (TDOC)Healthcare equities tend to function well as recession-proof stocks to buy. Even in a booming economy, the rising cost of healthcare has served as a source of worry for many Americans. However, Teladoc (NYSE:TDOC) appears ready to cut the cost of doctor visits.For $40, patients can receive a virtual visit from a doctor at any time via their PC or smartphone. This allows for treatment solutions at a lower cost without the wait.Analysts estimate over 400 million doctor visits per year, about one-third of the total, could take place on such a platform. Teladoc holds well over 50% of the market share in telehealth. * 5 Safe Stocks to Buy This Summer The growth potential remains enormous regardless of how the economy performs. However, unemployed workers often drop health insurance during downturns. Thus, TDOC could provide quick, life-saving treatments to those who might not otherwise be able to afford a doctor.The company has invested heavily in improving diagnostics and taking this service outside the U.S. As a result, it has spent heavily, and profitability will not come in the foreseeable future. Also, with TDOC trading at more than nine times sales, it has become an expensive stock.However, revenue has nearly doubled every year since 2013. With a majority of the market share, a $3.8 billion market cap and more than 99% of the potential market left to be addressed, TDOC stock should rise regardless of what happens to the economy. Source: Via T-Mobile T-Mobile (TMUS)T-Mobile (NASDAQ:TMUS) and its peers are spending tens of billions of dollars over the next few years to upgrade to 5G technology. 5G promises to revolutionize the wireless industry and perhaps the tech industry as a whole.Tests indicate it will bring speeds between 10 and 60 times faster than 4G. This will improve wireless connectivity and bring the world apps and functions not possible in the 4G realm. One such application is connectivity to Internet of Things (IoT) devices. Others have yet to be imagined.However, this places pressure upon T-Mobile, as well as AT&T (NYSE:T) and Verizon (NYSE:VZ), to complete the 5G upgrade to stay relevant in the wireless business. Thus, the move to 5G will continue regardless of how the economy performs. Moreover, people must communicate in good times and in bad. This need will help T-Mobile and its peers as downturn stocks to buy.Also, assuming they can complete the long-desired merger with Sprint (NYSE:S), T-Mobile will see a broader customer base and only two direct competitors in the U.S. With or without Sprint, and with or without a booming economy, T-Mobile and TMUS stock will move ahead at full speed.As of this writing, Will Healy was long TDOC stock. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 7 Recession-Proof Stocks to Buy as the Boom Ends appeared first on InvestorPlace.
Michelle Brown brings a wide range of experience to her new post as chief financial officer for commercial.
RENO, Nev. (AP) — The clarity of Lake Tahoe's cobalt blue water improved last year from its worst level in a half-century after weather and runoff returned to more normal conditions at the alpine lake straddling the California-Nevada line.
If the Big Four airlines believe that they could win approval to acquire smaller airlines, there may be huge bidding wars for both Alaska Air and JetBlue, one analyst said.