The stocks of many of the major carriers have nearly doubled in price since early November 2009. Similar to most industry groups, the airline stocks trade together. The best airline of the group is Southwest Airlines Co (NYSE:LUV), according to Inthemoneystocks.com.
Southwest Airlines Co is trading above its daily 20 and 50 moving averages, which signal that the trend is up and the stock has good support at $12.00. This company also has a slightly different business model from the legacy carriers in that they have only one type of aircraft that they fly. This factor in their business model has kept this airline profitable for many years as most of the others struggle to survive and make profits.
Mar 4 · 6:12:00 AM · Source: Inthemoneystocks.com
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by Steve Wieczorek
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