logo


PicksThatMove.Com Announces Investment Opinion: Airline Stocks Rally on AMR News
Friday, September 18, 2009 3:51 AM


(Source: Business Wire)trackingPicksThatMove.com opines promising trading opportunities with likely potential for gain. The companies we follow have favorable revenue models for business development at upward cycles.

Please visit us at PicksThatMove.com to view more of our profiled stocks.

Hot airline stocks sector include: AMR Corporation (NYSE:AMR, $8.78, +1.45, +19.73%), US Airways Group Inc. (NYSE:LCC, $5.13, +0.75, +17.12%), Delta Air Lines Inc. (NYSE:DAL, $9.21, - $0.29, -3.07%), Southwest Airlines Co. (NYSE:LUV, $9.70, -0.28, -1.82%), Continental Airlines (NYSE:CAL,$16.32, -0.30, -1.81%)

The AMEX Airline Index closed up exactly four consecutive days giving new hope for an economy recovery. This week airline trades sent the AMEX Airline Index yesterday to it 52 week high at $30.36.

American Airlines parent AMR Corp (NYSE:AMR) soared as high as 25% after the company said it has lined up $2.9 billion in liquidity for a possible international growth. AMR's strategy includes selling $1 billion its frequent-flyer program to Citigroup, its credit card partner.

AMR also mentioned that its American Eagle regional partner has signed a letter of intent with Bombardier Inc. to buy 22 additional regional jets.

"The airline stocks are trading off the AMR news, which is showing there is money out there to invest in this business," said Peter Boockvar, equity strategist at Miller Tabak.

Our team daily research for the next hot stock that is ready to move and profit. Some of our past deals were up over 200%. Never miss a hot investment opportunity by signing to our newsletters and free alerts at Picksthatmove.com.

About Picksthatmove.com

Picksthatmove.com is a leading stock website that provides free daily alerts on stocks that are moving up. Picksthatmove.com also tracks small cap stocks that are on the brink of exploding. We also feature companies on our website with research report, analysis, and newsletters. To feature a company on our web site please contact us at editorial@picksthatmove.com.

Picksthatmove.com is an independent electronic publication that provides information on selected publicly traded companies. Picksthatmove.com is not a registered investment advisor or broker-dealer. Picksthatmove.com's affiliates, officers, directors and employees may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above.

Nick Hunter, RIA, of Picksthatmove.com is a member of the National Association of Securities Dealers, CRD number 2022366

A service of YellowBrix, Inc.



(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia