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Here's Why Alaska Air Group (ALK) is a Strong Value Stock
ZACKS· 2024-05-30 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zack ...
Alaska Airlines elevates its premium inflight retail menu with the return of Main Cabin hot meals
prnewswire.com· 2024-05-22 12:00
Our team secretly worked behind the scenes for months to create this expansion of premium hot food meals.Post thisStarting today, Premium Class and Main Cabin guests on most flights over 1,100 miles* will be able to choose from up to five chef-curated dishes, including at least one hot meal option. Along with our freshly prepared food offerings like our Signature Fruit & Cheese Platter, our hot meals are only available for pre-order purchase.Over the last few months, our Food & Beverage teams have been work ...
3 Cheap Airline Stocks to Buy Now: May 2024
investorplace.com· 2024-05-16 19:54
Air travel has been an example of an economy that is becoming increasingly divided. Despite evidence that consumers are cutting back on discretionary spending, such as airplane flights, other data shows that demand for air travel continues to grow. That means it’s time to look at cheap airline stocks that may benefit from this trend.You see, although air traffic was solid in 2022 and 2023, it was still below 2019 levels. However, according to the International Air Transport Association’s (IATA) 20-year fore ...
Hey Canada! Alaska Airlines launches new nonstop service between Seattle and Toronto
prnewswire.com· 2024-05-16 12:00
For the first time, we're linking our home airport and Canada's largest city; our guestscan also connect on flights with Porter Airlines in Toronto, our newest global partnerSEATTLE, May 16, 2024 /PRNewswire/ -- Starting today, Alaska Airlines is flying our new daily, nonstop flight between our home airport in Seattle and Toronto Pearson International Airport – our newest destination and the sixth Canadian city we now serve. Tickets, with convenient departure and arrival times, are available for purchase at ...
3 Airline Stocks to Watch Post A4A's Rosy Summer Travel Forecast
Zacks Investment Research· 2024-05-15 14:40
With air travel demand strongly bouncing back from the pandemic lows, stocks belonging to the Zacks Transportation - Airline industry are being well-served. Air travel has continued to be particularly strong on the leisure front. Encouragingly, international demand is also bouncing back.Airline stocks are likely to continue flying high with the summer travel season fast approaching when air travel demand is likely to swell. The record projection by the Airlines for America (‘A4A’) — the trade organization f ...
5 Broker-Favorite Stocks to Watch Amid Current Uncertainty
Zacks Investment Research· 2024-05-15 13:40
Individual investors often need some guidance when they are unable to determine how a particular stock will perform, especially in an uncertain market environment. After all, no one wants their hard-earned money to go down the drain.To avoid such an unfortunate scenario from materializing, it is in the best interest of investors to be guided by brokers. Amid the current uncertain surroundings, broker-loved stocks like American Public Education (APEI) , American Axle & Manufacturing Holdings (AXL) , Alaska A ...
Why Alaska Air Group (ALK) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-05-14 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Scor ...
Is Alaska Air Group (ALK) Stock Undervalued Right Now?
Zacks Investment Research· 2024-05-14 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
Surging Earnings Estimates Signal Upside for Alaska Air (ALK) Stock
Zacks Investment Research· 2024-05-13 17:20
Alaska Air Group (ALK) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this airline reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnin ...
3 Transportation Stocks Worth Buying Following Guidance Raise
Zacks Investment Research· 2024-05-13 15:26
The first-quarter 2024 earnings season is in its final lap as far as transportation stocks are concerned. It is a well-documented fact that stocks belonging to the Zacks Transportation sector have been hit by multiple headwinds like high fuel and labor costs, weak freight demand and fleet-related woes (for the airline players in the sector). Due to these headwinds, the S&P 500 members from the transportation space (all of whom have reported) saw a 6.1% year-over-year decline in first-quarter 2024 earnings p ...