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Friday, October 3, 2014

Airline stocks in rally mode - 10/3/14

Airline stocks in rally mode
  • Airline stocks are in rally mode with gains up and down the sector.
  • A strong note from Deutsche Bank on JetBlue is helping to swing sentiment. The investment firm added JBLU to its short-term buy list.
  • The group is also benefiting from renewed confidence that the Ebola case in Texas is isolated.
  • Oil prices are also cooperating nicely.
  • Gainers: Southwest Airlines (NYSE:LUV) +2.2%, United Continental (NYSE:UAL) +5.5%, Delta Air Lines (NYSE:DAL) +4.6%, Alaska Air Group (NYSE:ALK) +3.0%, Hawaiian Holdings (NASDAQ:HA) +3.1%, American Airlines Group (NASDAQ:AAL) +5.3%, Republic Airways (NASDAQ:RJET) +3.0%.

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