Christmas is expected to also see record numbers with even more air travel, as winter break people being the most likely ones to take vacations rather than visit family, which tends to be more local.
The bottom line is key fundamental factors such as lower costs, higher fares, reduced union and pension expense — and no meaningful increase in capacity — should lead to highly profitable quarter and nice rally in their stock price.
My two top picks are JetBlue (JBLU) and Southwest (LUV) as they are focused on the U.S. and Caribbean markets with good market share on some of the most profitable routes. It also means less exposure to the global market, which has seen less overseas travel amid slowing global growth.
About the Author:
9 "Must Own" Growth Stocks For 2019
Get Free Updates
Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!
Top Stories on StockNews.com
Apple (AAPL) vs. Dell (DELL): Which Stock Will Drive Your May Profits?
Emerging technologies like edge computing, IoT, and AI necessitate the demand for advanced hardware. With consumer devices becoming highly interactive and intuitive, cutting-edge hardware will be required to keep the data-intensive processes running in the background. Therefore, let's compare the fundamentals of tech stocks Apple (AAPL) and Dell (DELL) to determine which stock will drive profits. Keep reading...
3 Auto Stocks Investors Are Bullish on in April
The automotive industry is well-placed to witness significant growth, thanks to a rapid shift to EVs worldwide, growing disposable incomes, and government initiatives. Given this backdrop, it could be wise to buy top auto stocks Wabash National (WNC), Li Auto (LI), and Mazda Motor (MZDAY) this month for potential gains. Read more...
3 Gold Stocks Positioned for Breakthroughs
Gold’s prospects appear promising owing to the growing foreign investments to lower the reliance on the U.S. dollar and its appeal as a safe haven asset. Given this backdrop, fundamentally strong gold stocks Alamos Gold (AGI), Barrick Gold Corporation (GOLD), and Dundee Precious Metals (DPMLF) could be solid portfolio additions. Read on...
3 Under-Valued Tech Companies Heading Towards Future Profits
Increased IT spending and demand for advanced technologies will boost the tech industry's long-term prospects. So, investors could consider buying fundamentally strong undervalued tech stocks TravelSky Technology (TSYHY), Viavi Solutions (VIAV), and M-tron Industries (MPTI). Read on...