• Symbol Lookup

 
     WELCOME: Guest    LOGIN BECOME A MEMBER

     

Wall Street Fundamentals Releases New In-Depth Stock Reports on AAL, JBLU, LUV and UAL


[ACCESSWIRE]

Airline stocks received a boost Thursday after American Airlines Group Inc., Southwest Airlines Co. and United Continental Holdings Inc. all reported increase in April traffic. The gains in April came as a welcome sign after severe winter weather slowed traffic in previous months. Last month, Deutsche Bank analyst Michael Linenberg forecasted U.S. airlines to post earnings of $397.0 million in the “seasonally challenged” first quarter, a major improvement from the net loss of $65.0 million posted in the year ago quarter. Here is how some airline stocks reacted Thursday:

American Airlines Group Inc. (NASDAQ: AAL) shares traded in the range of $37.05 to $38.25 Thursday before settling to close at $38.25, an increase of 2.77 percent. The stock appears to have some support at the $36.54, $33.37 and $28.00 levels. Shares of American Airlines Group have gained approximately 51.0 percent year-to-date.

More information on American Airlines Group and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/AAL

JetBlue Airways Corporation (NASDAQ: JBLU) shares traded in the range of $8.23 to $8.41 Thursday before settling to close at $8.30, an increase of 0.18 percent. The stock appears to be facing some resistance at the $8.51 and $8.62 levels with some support at $8.29 and $7.63. Shares of JetBlue Airways have fallen approximately 3.0 percent year-to-date.

More information on JetBlue Airways and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/JBLU

Southwest Airlines Co. (NYSE: LUV) shares traded in the range of $24.09 to $24.63 Thursday before settling to close at $24.46, an increase of 1.07 percent. The stock appears to be facing some resistance at $25.51 with some support at the $24.20 and $23.67 levels. Shares of Southwest Airlines have gained approximately 30.0 percent year-to-date.

More information on Southwest Airlines and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/LUV

United Continental Holdings Inc. (NYSE: UAL) shares traded in the range of $39.71 to $41.47 Thursday before settling to close at $40.37, an increase of 1.18 percent. The stock appears to be facing some resistance at the $40.40 and $41.16 levels with some support at $39.84 and $39.20. Shares of United Continental Holdings have gained approximately 7.0 percent year-to-date.

More information on United Continental Holdings and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/UAL

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com




                        




            

copyright 1998 - 2014 BayStreet.ca Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes.
Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Data is provided by QuoteMedia.com