"Show of Strength" by Southwest Airlines shows up in Stock Price!

Loading...
Loading...

A previous article on Benzinga, "An Amazing Show of Strength by Southwest Airlines," LUV touted the stock when it was around $21. Now it is around $27.80. It is still the same amazing airlines that every investor should own no matter what the objective.

The previous article detailed how Southwest Airlines had done so well without the wide range of fees assaulting its passengers that others have unleashed.

Traveling is miserable enough now. All of the fees baggage, changing flights, et al... make it even worse. But Southwest Airlines eschews those fees.  That breeds loyalty that results in a soaring share price!

It is working in the eyes of Wall Street as the stock is up for the last week, month, quarter, six months, and year of market action.

For 2014, Southwest Airlines has risen more than 48 percent. By contrast, others in the sector have fallen. United Continental UAL is off by more than 6 percent for the last six months of market action. Delta Airlines DAL is down by more than 6 percent for the last month of trading.

Southwest Airlines has an unmatched streak of profitability.

It is also the only legacy carrier not to have filed for bankruptcy. Wall Street is still bullish on Southwest Airlines. The mean analyst projection has it soaring to $29.97. The most recent analyst action was by Barclays raising the target price to $33 a share!

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Long IdeasTrading IdeasAirlinesIndustrials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...