Get On Board Alaska Air
Airlines are leading the transportation sector so far in 2012, in a strong bid generated by surprisingly resilient economic growth. Industry consolidation is also helping the group, with the AMR Corp.'s (AMR) bankruptcy filing encouraging industry CEOs to look at potential merger combinations. Even fuel prices are cooperating, peaking in April 2011 and entering a steady downtrend.
Of course, we've been down this road several times in the past decade, with the industry perking up and attracting hopeful investors -- who are promptly crushed in the next wave of downgrades and selloffs. Maybe it's different this time, considering how long this particular group of stocks has been trading in the market dumpster....414 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.