American Airlines Gr Stock (NASDAQ:AAL), Trade Ideas

American Airlines Gr

American Airlines Group

Anglo American

American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major US hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of US legacy carriers.

Newark,,Nj,-15,Sep,2017-,Planes,From,United,Airlines,(ua)

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FAA Oversight Under Scrutiny: United Airlines Faces Maintenance Audit&#34; - The U.S. Transportation Department&#39;s Office of Inspector General launches an audit into FAA&#39;s oversight of maintenance at United Airlines, following a series of incidents

FAA Oversight Under Scrutiny After United Airlines Mishaps

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American Airlines To Rally Around 59%? Here Are 10 Top Analyst Forecasts For Monday

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With the earnings season now halfway through, the percentage of S&amp;P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises were above their 10-year averages.

Will Earnings Cheer Continue To Buoy Markets? Apple, Amazon, Pfizer, Coinbase Lead Flurry Of Q1 Reports This Week

American Airlines Group, Inc. - Common Stock

American Airlines Group Inc

AALBERTS INDUS NV ORD by A. Alberts Industries

Aalberts NV

U.S. Transportation Department's Office of Inspector General said it&nbsp;is set&nbsp;to audit the Federal Aviation Administration's (FAA) oversight of air&nbsp;<a target="_blank" href="https://www.oig.dot.gov/library-item/46263" rel="noreferrer noopener">carrier maintenance&nbsp;at</a>&nbsp;United Airlines Holdings Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>).
The watchdog will evaluate the FAA's actions to address maintenance non-compliances and violations at the air carrier.&nbsp;
This inspection by the inspector general marks the latest in a series of audits evaluating the FAA's oversight of maintenance operations at airlines, including&nbsp;Southwest Airlines Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) and&nbsp;American Airlines Group Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>).
United Airlines experienced several incidents earlier this year, prompting an FAA review of its operations, reported&nbsp;<a target="_blank" href="https://www.bloomberg.com/news/articles/2024-05-09/faa-oversight-of-united-airlines-to-be-audited-by-us-watchdog?srnd=industries-transportation&amp;sref=TBDibEcD" rel="noreferrer noopener">Bloomberg</a>.&nbsp;
These included a&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38164504/faa-safety-review-delays-united-airlines-two-new-routes-report" rel="noreferrer noopener">wheel detaching after takeoff</a>, a lost fuselage panel mid-flight, and an aircraft skidding off a runway upon landing.
The assistant inspector general for aviation audits, Nelda Smith, emphasized the significance of&nbsp;FAA's&nbsp;oversight of maintenance programs, citing the recent incidents.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38315112/whats-going-on-with-united-airlines-stock-today" rel="noreferrer noopener">United Airlines To Get Compensation From Boeing Due To Grounding Of 737 MAX 9</a>
The audit will primarily take place at the FAA's headquarters in Washington, DC, and its offices overseeing United Airlines. Additionally, the watchdog will visit maintenance hubs in Chicago, Houston, and San Francisco.
FAA has imposed restrictions on United, prohibiting the addition of new aircraft or service initiation to new cities during the safety review initiated in March.
As part of the evaluation, the&nbsp;FAA has intensified its presence at United's operations, scrutinizing processes, manuals, and facilities.&nbsp;
Meanwhile, the airline has commenced its&nbsp;own&nbsp;review of the incidents and employee training.
United Airlines stock has gained over 14% in the last 12 months. Investors can gain access to the stock via&nbsp;U.S. Global Jets ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>) and&nbsp;IShares U.S. Transportation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYT#BATS">IYT</a>).
Price Action: UAL shares are trading lower by 0.34% at $52.84 at the last check Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/04/38412947/airline-passenger-rights-elevated-biden-administration-enforces-refund-rule" target="_blank" rel="noreferrer noopener">Airline Passenger Rights Elevated: Biden Administration Enforces Refund Rule</a>
Photo Courtesy United Airlines

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Congressional Negotiators To Strengthen Language On Airline Refunds In U.S. Aviation Bill

Financial giants have made a conspicuous bearish move on American Airlines Gr. Our analysis of options history for American Airlines Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) revealed 9 unusual trades.
Delving into the details, we found 33% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $1,393,176, and 3 were calls, valued at $147,410.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $12.0 to $25.0 for American Airlines Gr over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for American Airlines Gr's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across American Airlines Gr's significant trades, within a strike price range of $12.0 to $25.0, over the past month.
<h3>American Airlines Gr Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715100354_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$0.71</td>
<td>$0.66</td>
<td>$0.7</td>
<td>$13.00</td>
<td>$703.0K</td>
<td>11.0K</td>
<td>10.5K</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$10.55</td>
<td>$10.45</td>
<td>$10.5</td>
<td>$25.00</td>
<td>$315.0K</td>
<td>0</td>
<td>0</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$0.71</td>
<td>$0.7</td>
<td>$0.71</td>
<td>$13.00</td>
<td>$130.3K</td>
<td>11.0K</td>
<td>14.8K</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$0.71</td>
<td>$0.7</td>
<td>$0.7</td>
<td>$13.00</td>
<td>$110.9K</td>
<td>11.0K</td>
<td>12.9K</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$1.33</td>
<td>$1.32</td>
<td>$1.32</td>
<td>$14.00</td>
<td>$75.6K</td>
<td>3.3K</td>
<td>6.6K</td>
</tr>
</tbody>
</table>

<h3>About American Airlines Gr</h3>
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major US hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of US legacy carriers.
<h3>Present Market Standing of American Airlines Gr</h3>
<ul>
<li>Currently trading with a volume of 13,903,820, the AAL's price is down by -2.93%, now at $14.22. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 72 days.</li>
</ul>
<h3>Expert Opinions on American Airlines Gr</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $22.0.
<ul>
<li>An analyst from Bernstein persists with their Outperform rating on American Airlines Gr, maintaining a target price of $22. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for American Airlines Gr, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

American Airlines Gr Unusual Options Activity

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$52.50</td>
<td>$166.3K</td>
<td>12.7K</td>
<td>6.1K</td>
</tr>
<tr>
<td>JBLU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$4.00</td>
<td>$155.0K</td>
<td>1.5K</td>
<td>5.0K</td>
</tr>
<tr>
<td>RUN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/10/24</td>
<td>$13.00</td>
<td>$180.7K</td>
<td>808</td>
<td>3.4K</td>
</tr>
<tr>
<td>UBER</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$75.00</td>
<td>$42.5K</td>
<td>3.6K</td>
<td>2.1K</td>
</tr>
<tr>
<td>CAT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$330.00</td>
<td>$962.4K</td>
<td>6.4K</td>
<td>1.2K</td>
</tr>
<tr>
<td>ETN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$320.00</td>
<td>$43.2K</td>
<td>3.5K</td>
<td>618</td>
</tr>
<tr>
<td>CPA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$100.00</td>
<td>$50.6K</td>
<td>56</td>
<td>349</td>
</tr>
<tr>
<td>MTZ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$105.00</td>
<td>$42.5K</td>
<td>191</td>
<td>267</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$15.00</td>
<td>$26.4K</td>
<td>4.5K</td>
<td>243</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$175.00</td>
<td>$30.6K</td>
<td>2.1K</td>
<td>228</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on May 17, 2024. This event was a transfer of 792 contract(s) at a $52.50 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $166.3K, with a price of $210.0 per contract. There were 12765 open contracts at this strike prior to today, and today 6125 contract(s) were bought and sold. 
• For JBLU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>), we notice a put option trade that happens to be bearish, expiring in 256 day(s) on January 17, 2025. This event was a transfer of 5000 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $155.0K, with a price of $31.0 per contract. There were 1575 open contracts at this strike prior to today, and today 5000 contract(s) were bought and sold. 
• Regarding RUN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>), we observe a call option trade with bearish sentiment. It expires in 4 day(s) on May 10, 2024. Parties traded 3228 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $180.7K, with a price of $56.0 per contract. There were 808 open contracts at this strike prior to today, and today 3402 contract(s) were bought and sold. 
• For UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we notice a call option trade that happens to be bearish, expiring in 74 day(s) on July 19, 2024. This event was a transfer of 100 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $42.5K, with a price of $425.0 per contract. There were 3670 open contracts at this strike prior to today, and today 2146 contract(s) were bought and sold. 
• Regarding CAT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>), we observe a put option trade with bullish sentiment. It expires in 74 day(s) on July 19, 2024. Parties traded 1200 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $962.4K, with a price of $802.0 per contract. There were 6428 open contracts at this strike prior to today, and today 1281 contract(s) were bought and sold. 
• Regarding ETN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>), we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on May 17, 2024. Parties traded 47 contract(s) at a $320.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $43.2K, with a price of $920.0 per contract. There were 3548 open contracts at this strike prior to today, and today 618 contract(s) were bought and sold. 
• For CPA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPA#NYSE">CPA</a>), we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on May 17, 2024. This event was a transfer of 349 contract(s) at a $100.00 strike. This particular put needed to be split into 42 different trades to become filled. The total cost received by the writing party (or parties) was $50.6K, with a price of $145.0 per contract. There were 56 open contracts at this strike prior to today, and today 349 contract(s) were bought and sold. 
• For MTZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTZ#NYSE">MTZ</a>), we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on May 17, 2024. This event was a transfer of 224 contract(s) at a $105.00 strike. This particular put needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $42.5K, with a price of $190.0 per contract. There were 191 open contracts at this strike prior to today, and today 267 contract(s) were bought and sold. 
• Regarding AAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), we observe a put option sweep with bearish sentiment. It expires in 102 day(s) on August 16, 2024. Parties traded 200 contract(s) at a $15.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $132.0 per contract. There were 4598 open contracts at this strike prior to today, and today 243 contract(s) were bought and sold. 
• For GE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on June 21, 2024. This event was a transfer of 91 contract(s) at a $175.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $30.6K, with a price of $335.0 per contract. There were 2198 open contracts at this strike prior to today, and today 228 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

UBER

10 Industrials Stocks With Whale Alerts In Today's Session

American Airlines Gr Option Alert: Fri $14.5 Calls Sweep (12) near the Ask: 5000 @ $0.061 vs 4217 OI; Ref=$14.055

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Wedbush raised the price target for BJ&#8217;s Restaurants, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BJRI#NASDAQ">BJRI</a>) from $40 to $43. Wedbush analyst Nick Setyan maintained an Outperform rating. BJ&#8217;s Restaurants shares rose 5.9% to close at $34.68 on Friday. <a href="https://www.benzinga.com/quote/BJRI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho boosted the price target for Robinhood Markets, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) from $20 to $21. Mizuho analyst Dan Dolev maintained a Buy rating. Robinhood shares rose 1.9% to close at $17.95 on Friday. <a href="https://www.benzinga.com/quote/HOOD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities cut Fox Factory Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXF#NASDAQ">FOXF</a>) price target from $55 to $48. B of A Securities analyst Alexander Perr maintained a Neutral rating. Fox Factory shares rose 10.4% to close at $43.52 on Friday. <a href="https://www.benzinga.com/quote/FOXF/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. increased the price target for Franco-Nevada Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) from $175 to $185. HC Wainwright &amp; Co. analyst Heiko Ihle maintained a Buy rating. Franco-Nevada shares rose 1.9% to close at $123.25 on Friday. <a href="https://www.benzinga.com/quote/FNV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird raised Fluor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) price target from $42 to $46. Baird analyst Andrew Wittmann maintained an Outperform rating. Fluor shares fell 5.7% to close at $38.90 on Friday. <a href="https://www.benzinga.com/quote/FLR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler increased Essex Property Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) price target from $291 to $315. Piper Sandler analyst Alexander Goldfarb maintained an Overweight rating. Essex Property Trust shares gained 0.2% to close at $250.31 on Friday. <a href="https://www.benzinga.com/quote/ESS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. raised the price target for Balchem Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) from $167 to $170. HC Wainwright &amp; Co. analyst Raghuram Selvaraju maintained a Buy rating. Balchem shares rose 2.8% to close at $150.40 on Friday. <a href="https://www.benzinga.com/quote/BCPC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Bernstein boosted American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) price target from $21 to $22. Bernstein analyst David Vernon maintained an Outperform rating. American Airlines shares fell 0.1% to close at $13.85 on Friday. <a href="https://www.benzinga.com/quote/AAL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley increased Bausch + Lomb Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLCO#NYSE">BLCO</a>) price target from $16 to $18. Morgan Stanley analyst Patrick Wood upgraded the stock from Equal-Weight to Overweight. Bausch + Lomb shares fell 1.9% to close at $13.60 on Friday. <a href="https://www.benzinga.com/quote/BLCO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wedbush increased Mid-America Apartment Communities, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) price target from $135 to $154. Wedbush analyst Richard Anderson upgraded the stock from Neutral to Outperform. Mid-America Apartment shares rose 1% to close at $133.00 on Friday. <a href="https://www.benzinga.com/quote/MAA/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/24/05/38614014/coinbase-global-doordash-and-2-other-stocks-insiders-are-selling">Coinbase Global, DoorDash And 2 Other Stocks Insiders Are Selling</a>

Bernstein analyst David Vernon maintains American Airlines Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) with a Outperform and raises the price target from $21 to $22.

Analyst Ratings

Bernstein Maintains Outperform on American Airlines Gr, Raises Price Target to $22

Investors with significant funds have taken a bearish position in American Airlines Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in AAL usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 9 options transactions for American Airlines Gr. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 22% being bullish and 77% bearish. Of all the options we discovered, 8 are puts, valued at $1,169,464, and there was a single call, worth $73,500.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $11.5 to $25.0 for American Airlines Gr during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for American Airlines Gr's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of American Airlines Gr's whale trades within a strike price range from $11.5 to $25.0 in the last 30 days. 
<h3>American Airlines Gr Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714752955_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$0.75</td>
<td>$0.71</td>
<td>$0.75</td>
<td>$12.00</td>
<td>$509.1K</td>
<td>9.3K</td>
<td>7.2K</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$11.05</td>
<td>$11.0</td>
<td>$11.0</td>
<td>$25.00</td>
<td>$330.0K</td>
<td>0</td>
<td>300</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$2.99</td>
<td>$2.98</td>
<td>$2.99</td>
<td>$17.00</td>
<td>$104.0K</td>
<td>264</td>
<td>329</td>
</tr>
<tr>
<td>AAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$2.49</td>
<td>$2.45</td>
<td>$2.45</td>
<td>$11.50</td>
<td>$73.5K</td>
<td>10</td>
<td>10</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$6.35</td>
<td>$6.25</td>
<td>$6.25</td>
<td>$20.00</td>
<td>$71.2K</td>
<td>944</td>
<td>10</td>
</tr>
</tbody>
</table>

<h3>About American Airlines Gr</h3>
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major US hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of US legacy carriers.
<h3>American Airlines Gr's Current Market Status</h3>
<ul>
<li>Trading volume stands at 9,814,905, with AAL's price up by 0.07%, positioned at $13.87.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 76 days.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for American Airlines Gr, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

American Airlines Gr's Options: A Look at What the Big Money is Thinking

Deep-pocketed investors have adopted a bearish approach towards American Airlines Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AAL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 17 extraordinary options activities for American Airlines Gr. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 35% leaning bullish and 52% bearish. Among these notable options, 8 are puts, totaling $617,171, and 9 are calls, amounting to $626,686.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $11.0 to $20.0 for American Airlines Gr over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for American Airlines Gr's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of American Airlines Gr's whale activity within a strike price range from $11.0 to $20.0 in the last 30 days. 
<h3>American Airlines Gr 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714421743_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$4.1</td>
<td>$4.05</td>
<td>$4.05</td>
<td>$17.00</td>
<td>$243.0K</td>
<td>6.4K</td>
<td>600</td>
</tr>
<tr>
<td>AAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$0.48</td>
<td>$0.47</td>
<td>$0.47</td>
<td>$14.00</td>
<td>$235.5K</td>
<td>16.8K</td>
<td>5.5K</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$0.36</td>
<td>$0.34</td>
<td>$0.34</td>
<td>$13.00</td>
<td>$170.0K</td>
<td>87.1K</td>
<td>5.5K</td>
</tr>
<tr>
<td>AAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$0.79</td>
<td>$0.77</td>
<td>$0.77</td>
<td>$14.00</td>
<td>$77.0K</td>
<td>10.3K</td>
<td>375</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$0.3</td>
<td>$0.29</td>
<td>$0.29</td>
<td>$11.00</td>
<td>$64.3K</td>
<td>23.3K</td>
<td>39</td>
</tr>
</tbody>
</table>

<h3>About American Airlines Gr</h3>
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.
Having examined the options trading patterns of American Airlines Gr, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of American Airlines Gr</h3>
<ul>
<li>Currently trading with a volume of 27,922,301, the AAL's price is up by 0.72%, now at $13.98. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 80 days.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for American Airlines Gr with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Decoding American Airlines Gr's Options Activity: What's the Big Picture?

Corporate <a href="https://www.benzinga.com/markets/equities/24/04/38471231/strong-quarterly-earnings-fuel-market-optimism-despite-inflation-concerns-slowing-economic-growt">earnings came to the market&#8217;s rescue in the past week,</a> helping to overcome rate fears. As we look ahead to the unfolding week, it remains to be seen whether the tech earnings deluge can keep the rally&#8217;s momentum going. 
The Week That Was: High-profile Magnificent Seven earnings panned out mostly positively for the market, with Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) the outlier. The social media giant&#8217;s stock fell sharply as traders fretted over the soft second-quarter revenue guidance and the company&#8217;s massive AI investment plans. 
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) managed to appease the Street despite the double miss as it held out the promise of an expeditious launch of a more affordable EV. 
With the earnings season now halfway through, the percentage of S&amp;P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises were above their 10-year averages, <a href="https://insight.factset.com/sp-500-earnings-season-update-april-26-2024?utm_source=Direct&amp;utm_medium=Email&amp;utm_campaign=FO-04-26-2024&amp;utm_content=httpsinsightfactsetcomsp500earningsseasonupdateapril262024">said </a>FactSet in a report.
The blended first-quarter earnings growth of S&amp;P 500 companies is estimated at 3.5%, up from the 0.6% growth estimated in the week ended April 19, the financial data analytics firm said. If the trend holds, the S&amp;P 500 companies are on track to report earnings growth for the third straight quarter.
Of the 11 S&amp;P sector classes, eight sectors reported year-over-year earnings growth, led by communication services, utilities, IT, and consumer discretionary sectors. On the other hand, healthcare, energy, and materials have reported year-over-year earnings declines.
See Also: <a href="https://www.benzinga.com/money/best-tech-stocks">Best Tech Stocks Right Now</a>
Look Ahead: The unfolding week will see 175 S&amp;P 500 companies and 6 Dow 30 components releasing their quarterly scorecards. The earnings roster includes two Magnificent Seven companies, namely Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Amazon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), e-commerce retailers, payment processors, restaurants, and energy and REIT companies.
Earnings from Apple and Amazon could be market-moving, given the weighting of these stocks in the S&amp;P 500 Index. Also, Apple is considered a bellwether, given its exposure to consumers. Morgan Stanley&#8217;s Erik Woodring expects Apple to report a slightly beat but guide June quarter revenue down. 
Investors are likely to keep a close eye on performance in China, Apple&#8217;s updated capital return framework, and capital expenditures, the analyst said.
That said, the analyst is positive on the stock ahead of its annual Worldwide Developers&#8217; Conference due on June 10th. &#8220;With Apple&#8217;s biggest WWDC event on June 10th, we&#8217;d buy post-earnings weakness,&#8221; he said.
Amazon will likely continue to report double-digit sales and profit growth in the first quarter, according to Telsey Advisory Group analyst Joseph Feldman. The analyst premised his optimism on the strength of online spending, gains from expanded merchandise and faster fulfillment, and stabilization (and growth) of AWS. 
&#8220;Importantly, we expect [a] greater focus on profits supported by the growth of higher margin categories and services, such as advertising, media, and AWS (partly helped by AI-related upgrades), the redesigned distribution network&#8230;.. and cost savings,&#8221; he said.
Notable among the <a href="https://www.benzinga.com/calendars/earnings">companies reporting earnings this week</a> are:
Monday 
<ul>
<li>Before the bell: JinkoSolar Holding Co., Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>), ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), Koninklijke Philips N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHG#NYSE">PHG</a>), SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)</li>
<li>After the close: F5, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIV#NASDAQ">FFIV</a>), Everest Group, Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EG#NYSE">EG</a>), NXP Semiconductors N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>), Lattice Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>), MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>), Qiagen N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QGEN#NYSE">QGEN</a>), Rambus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBS#NASDAQ">RMBS</a>), Sanmina Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANM#NASDAQ">SANM</a>), Yum China Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>)</li>
</ul>
Tuesday 
<ul>
<li>Before the bell: 3M Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>), The Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), GE HealthCare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>), McDonald&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), Molson Coors Beverage Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>), PayPal Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), Tenet Healthcare Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</a>)</li>
<li>After the close: Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), ONEOK, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKE#NYSE">OKE</a>), Pinterest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>), Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), Skyworks Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>), Unum Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNM#NYSE">UNM</a>). Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), Stryker Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYK#NYSE">SYK</a>), RenaissanceRe Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNR#NYSE">RNR</a>), Prudential Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>), Diamondback Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>), The Clorox Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLX#NYSE">CLX</a>), Chesapeake Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHK#NASDAQ">CHK</a>)</li>
</ul>

Wednesday 
<ul>
<li>Before the bell: Bausch + Lomb Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLCO#NYSE">BLCO</a>), CVS Health Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>), DuPont de Nemours, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>), The Estée Lauder Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>), Garmin Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRMN#NYSE">GRMN</a>), GSK plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSK#NYSE">GSK</a>), The Kraft Heinz Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KHC#NASDAQ">KHC</a>), KKR &amp; Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>), Logitech International S.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGI#NASDAQ">LOGI</a>), Mastercard Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>), Pfizer, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>), Wingstop Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WING#NASDAQ">WING</a>), Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>)</li>
<li>After the close: Albemarle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>), The Allstate Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>), Beazer Homes USA, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BZH#NYSE">BZH</a>), C.H. Robinson Worldwide, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHRW#NASDAQ">CHRW</a>), Devon Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>), eBay Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBAY#NASDAQ">EBAY</a>), Etsy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), Freshworks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSH#NASDAQ">FRSH</a>), Kulicke and Soffa Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLIC#NASDAQ">KLIC</a>), Marathon Oil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>), MetLife, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MET#NYSE">MET</a>), MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>), NETGEAR, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>), Qorvo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>), Sunnova Energy International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOVA#NYSE">NOVA</a>), Upwork Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>), Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>), Zillow Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZG#NASDAQ">ZG</a>)</li>
</ul>
Thursday 
<ul>
<li>Before the bell: ArcelorMittal S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MT#NYSE">MT</a>), ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>), CyberArk Software Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>), Ferrari N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RACE#NYSE">RACE</a>), Intercontinental Exchange, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICE#NYSE">ICE</a>), Kimco Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>), Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>), PENN Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>)</li>
<li>After the close: Amgen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>), Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), BigBear.ai Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>), BJ&#8217;s Restaurants, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BJRI#NASDAQ">BJRI</a>), Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), Cloudflare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>), Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), Consolidated Edison, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ED#NYSE">ED</a>), DraftKings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), Five9, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>), Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>), Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>), Live Nation Entertainment, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>), United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>), Regency Centers Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REG#NASDAQ">REG</a>), Reinsurance Group of America, Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGA#NYSE">RGA</a>), Pioneer Natural Resources Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PXD#NYSE">PXD</a>), Opendoor Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NASDAQ">OPEN</a>), Monster Beverage Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>)</li>
</ul>
Friday 
<ul>
<li>Before the bell: American Axle &amp; Manufacturing Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXL#NYSE">AXL</a>), Cboe Global Markets, Inc. (CBOE: CBOE), Fluor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>), The Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>), Owens &amp; Minor, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>), XPO, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>)</li>
</ul>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), an exchange-traded fund that tracks the performance of the broader S&amp;P 500 Index, ended Friday&#8217;s session up 0.95% at $508.26, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data. </a>The ETF has pulled back from its all-time high (intraday) of $524.61 hit on March 28. The Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), an ETF levered more to high-profile, non-financial tech stocks, rose 1.54% to $431.
Read Next: <a href="https://www.benzinga.com/news/earnings/earnings-misses/24/04/38464570/us-energy-stocks-fall-following-oil-giants-subdued-earnings-reports">US Energy Stocks Fall Following Oil Giants&#8217; Subdued Earnings Reports</a>

American Airlines Says As A Result Of Ongoing Boeing 787 Delivery Delays, Adjusting Service On Certain Routes In H2 Of 2024 & Q1 2025

Guidance

American Airlines CEO Says His Message To Boeing Is The Same "Get Your Act Together"

American Airlines Group Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) shares are trading higher after the company reported first-quarter financial results and issued second-quarter adjusted EPS guidance&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/g38426089/american-airlines-reports-first-quarter-2024-financial-results" rel="noreferrer noopener">with a midpoint above estimates</a>.
Total revenue increased 3.1% to $12.57 billion,&nbsp;just&nbsp;missing&nbsp;estimates of $12.60 billion.
Adjusted operating margin stood at 0.6% in the first quarter vs. 3.7% a year ago.
The company reported an adjusted EPS loss of $(0.34), which&nbsp;missed the&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36611285/why-delta-air-lines-shares-are-diving-today" rel="noreferrer noopener">consensus estimate of $(0.29)</a>.
Related:&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/01/36803456/american-airlines-is-a-guide-and-beat-story-analyst-says-as-stock-gets-upgrade" rel="noreferrer noopener">American Airlines Is &#8216;A Guide And Beat Story,&#8217; Analyst Says As Stock Gets Upgrade</a>
The company generated an operating cash flow of $2.2 billion and a free cash flow&nbsp;of $1.4 billion in the quarter.
American Airlines reduced its total debt&nbsp;by nearly $950 million in the first quarter and achieved over 80% of its target of reducing debt&nbsp;by $15 billion by the end of 2025.
Guidance:&nbsp;American Airlines expects its second-quarter 2024 adjusted EPS of $1.15&nbsp;&#8211;&nbsp;$1.45,&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">versus the consensus of $1.18</a>.&nbsp;
American reiterated its FY24 adjusted EPS outlook of $2.25-$3.25 versus&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36781942/why-is-american-airlines-stock-flying-higher-today" rel="noreferrer noopener">the consensus of $2.35</a>.
The company&nbsp;<a target="_blank" href="https://americanairlines.gcs-web.com/static-files/ee8874a2-7121-48c3-aa61-c2927095863f" rel="noreferrer noopener">expects</a>&nbsp;its second-quarter 2024 capacity to be up 7%-9%, with full-year capacity&nbsp;to be&nbsp;up mid-single digits Y/Y.
The second-quarter total revenue per available seat mile (TRASM)&nbsp;is expected&nbsp;to be down approximately 1%-3% Y/Y.
The company expects its second-quarter cost per available seat mile (CASM-ex), excluding fuel, to be up approximately 1% to 3% Y/Y, with its full-year CASM-ex up approximately 0.5% to 3.5% Y/Y.
Robert Isom, CEO, said, &#8220;While we aren&#8217;t satisfied with our first-quarter financial results, we have a strong foundation in place, and we remain on track to deliver on our full-year financial targets. Our team is running a fantastic operation, driving revenue through our commercial initiatives, efficiently managing costs, and producing free cash flow&nbsp;to&nbsp;further&nbsp;strengthen our balance sheet.&#8221;
In March, American Airlines placed orders for 260 new aircraft, including Airbus A321neo, Boeing 737 MAX 10,&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/03/37463518/american-airlines-shares-are-declining-today-whats-going-on" rel="noreferrer noopener">and Embraer E175 models</a>.
Investors can gain exposure to the stock via&nbsp;U.S. Global Jets ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>) and&nbsp;Themes Airlines ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRL#NASDAQ">AIRL</a>).
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38253927/american-airlines-pilots-warn-amid-safety-concerns-surge-report" rel="noreferrer noopener">American Airlines Pilots Warn Amid Safety Concerns Surge: Report</a>
Price Action: AAL shares are up 3.45% at $14.40 premarket at the last check Thursday.
Photo via Shutterstock

Large Cap

Movers

AIRL

Why Is American Airlines Stock Seeing Blue Skies Today?

American Airlines CFO Says Boeing Delivery Delays Have Impacted Mainline Capacity

Guidance and investor update
Based on present demand trends and the current fuel price forecast and excluding the impact of special items, the company expects its second-quarter 2024 adjusted earnings per diluted share4 to be between $1.15 and $1.45. The company continues to expect its full-year adjusted earnings per diluted share4 to be between $2.25 and $3.25.

CORRECTION: American Airlines Reiterates FY24 Adj. EPS Outlook $2.25 - $3.25 Vs. $2.35 Estimate

American Airlines Q2 Adj. EPS Outlook $1.15 - $1.45 Vs. $1.18 Estimate

American Airlines Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) reported quarterly losses of $(0.34) per share which missed the analyst consensus estimate of $(0.29) by 17.24 percent. This is a 780 percent decrease over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $12.570 billion which missed the analyst consensus estimate of $12.602 billion by 0.25 percent. This is a 3.13 percent increase over sales of $12.189 billion the same period last year.

Earnings Misses

American Airlines Group Q1 2024 Adj EPS $(0.34) Misses $(0.29) Estimate, Sales $12.570B Miss $12.602B Estimate

The back-and-forth motion in the market continues, with the index futures pointing to a lower opening on Thursday. Meta Platforms, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) <a href="https://www.benzinga.com/news/earnings/24/04/38416273/meta-platforms-q1-earnings-highlights-facebook-owner-beats-estimates-but-guidance-higher-costs-ding">lukewarm second-quarter revenue guidance </a>and commentary regarding investment punctured the stock, while International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) also fell on earnings. The tech space could come under pressure as traders digest these disappointments.
More tech earnings are on tap on Thursday, led by AI stalwart Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Alphabet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)
Also weighing down on sentiment would be apprehensions regarding two key data due for the week. The first read of the first-quarter GDP data (Thursday) and the personal income and spending report (Friday), will be in the spotlight as the market strives to make sense of growth and inflation trajectories ahead of next week&#8217;s Federal Reserve&#8217;s monetary policy meeting.
 Futures Performance On Thursday ( as of 5:50 a.m. EDT)
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.81%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.48%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.31%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.47%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption"> In <a href="https://www.benzinga.com/premarket/" target="_blank" rel="noreferrer noopener">premarket</a>&nbsp;trading on Thursday, the&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) slipped 0.43% to $503.24,&nbsp;and the&nbsp;Invesco QQQ ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) fell 0.78% to $423.20, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.</figcaption></figure>
Cues From Past Session:
Early optimism triggered by positive reactions to earnings from Tesla, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Texas Instruments, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) tempered over the course of Wednesday&#8217;s session. Mixed earnings reports and economic worries kept sentiment subdued for much of the session, and this led to a mixed close for the day.
The tech-heavy Nasdaq Composite and the S&amp;P 500 Index ended the session marginally higher, pulling notably off the day&#8217;s high reached in early trading. The former moved in a roughly 205-point range and the latter gyrated between 5,047.02 and 5,089.48, a roughly 43-point intra-day move. Nevertheless, the indices have been higher for a third straight session now.
Weighed down by a 2.87% pullback in Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) shares following its earnings release, the Dow Jones Industrial Average ended modestly lower. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+0.10%</td>
<td>15,712.75</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.02%</td>
<td>5,071.63</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>-0.11%</td>
<td>38,460.92</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.36%</td>
<td>1,995.43</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
The growth conundrum of whether the economy is going to see a hard or soft landing, has kept investors skewed toward quality stocks, <a href="https://www.morganstanley.com/ideas/thoughts-on-the-market-wilson?subscribed=true&amp;dis=em_2024424_wm_5ideasarticle&amp;et_mid=585156&amp;et_mkid=&amp;sfmc_id=201810710">said </a>Morgan Stanley&#8217;s Chief Equity Strategist Mike Wilson in a podcast. &#8220;The largest risk for stocks more broadly is higher 10-year Treasury yields as investors begin to demand a larger term premium due to higher inflation and the growing supply of bonds to pay for the endless deficits,&#8221; he said.
&#8220;Our primary concern for equities at this point is that aggressive fiscal spending has led to better economic growth but it keeps upward pressure on inflation and prevents the Fed from cutting interest rates that many economic participants desperately need at this point.&#8221;
The analyst recommended investors look into under-appreciated sectors. &#8220;This is all in-line with our 2024 outlook that suggests the major equity indices are overvalued while the best opportunities are likely beneath the surface in underappreciated sectors like energy that are positively levered to stickier inflation and higher interest rates.&#8221;
Fund Strat&#8217;s Tom Lee, however, is optimistic. In his weekly commentary, the analyst noted that the S&amp;P 500 and equities rebounded over the past two days, rising more than 2%. &#8220;The S&amp;P 500 closed solidly above the critical 5,019.20 to 5,070.55. In our view, this is confirmation that the worst of this two-week decline is behind us,&#8221; he said.
Upcoming Economic Data:
The Bureau of Economic Analysis is due to release its<a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/04/38405106/us-economy-expected-to-grow-2-5-in-q1-not-a-hard-landing-and-hardly-a-soft-one"> first-quarter GDP data (advance estimate) </a>at 8:30 a.m. EDT. Economists, on average, expect the economy to have expanded 2.2%, slower than the 3.4% pace in the fourth quarter. Traders may also keep an eye on the GDP price deflator and the price consumption expenditure index to gauge inflation trends.
The Labor Department will release the customary jobless claims data at 8:30 a.m. EDT. The number of individuals claiming unemployment benefits is expected at 215,000 for the week ended April 20, up slightly from 212,000 in the previous week.
The National Association of Realtors is scheduled to release its pending home sales index for March at 10 a.m. EDT, with consensus calling for an unchanged reading following the 1.6% increase in February.
The Treasury will auction four- and eight-week bills at 11:30 a.m. EDT and seven-year notes at 1 p.m. EDT.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures </a>
Stocks In Focus: 
<ul>
<li>Meta and IBM fell 12.5% and 8.5%, respectively, <a href="https://www.benzinga.com/premarket">in premarket trading </a>following quarterly earnings announcement.</li>
<li>Other stocks moving on earnings are ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) (down about 4.5%), Teradyne, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) (up over 8%), O&#8217;Reilly Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>) (down 4%), Meritage Homes Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTH#NYSE">MTH</a>) (up over 12.5%), Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) (up about 2.5%) and Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) (up about 2.5%).</li>
<li>Altria Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>), American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), AstraZeneca Plc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>), Bristol-Myers Squibb Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>), Caterpillar, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>), CMS Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>), Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>), Dow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>), Harley-Davidson, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOG#NYSE">HOG</a>), Hertz Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>), Honeywell International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>), Merck &amp; Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>), Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>), Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>), Royal Caribbean Cruises Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>), Sanofi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>), Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) and STMicroelectronics N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) are among the <a href="https://www.benzinga.com/calendars/earnings">companies reporting their earnings ahead of the market open.</a></li>
<li>Notable names reporting after the close include Alphabet, Boyd Gaming Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>), Capital One Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>), Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>), Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Juniper Networks, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>), KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>), Microsoft, Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>), Teladoc Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDOC#NYSE">TDOC</a>), T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) and Western Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>).</li>
</ul>
Commodities, Bonds, and Global Equity Markets:
Crude oil futures continued to trade under the $83-a-barrel mark and gold futures were seen consolidating just above the $2,330 level.
The 10-year note yield, held firm around the 4.64% ahead of Friday&#8217;s inflation data.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) weakened by about 3.50% and traded shy of the psychological barrier of $64,000.
Most major Asian markets, with the exception of the Chinese, Hong Kong and Indian markets, pulled back, as traders positioned themselves for Friday&#8217;s U.S. inflation data. The Australian and New Zealand markets remained closed for a public holiday.
The European markets fell in early trading, adding to the losses they made on Wednesday. The Euro STOXX 50 Index was down 0.44% at the last check.
Read Next: <a href="https://www.benzinga.com/economics/macro-economic-events/24/04/38410454/treasury-yields-reach-5-month-high-lift-mortgage-rates-expert-warns-federal-debt-">Treasury Yields Reach 5-Month High, Lift Mortgage Rates; Expert Warns &#8216;Federal Debt Blob Is Out Of Control&#8217;</a>
Image via Shutterstock

Futures

Economics

Federal Reserve

$BTC

GOOG

GOOGL

MBLY

MSFT

NDAQ

ORLY

ROKU

TDOC

TMUS

TSLA

US Stocks Brace For Negative Start Amid Tech Earnings Disappointments, Caution Ahead Of Data: 'Worst Of This Two-Week Decline Is Behind Us,' Says Analyst

The Biden-Harris Administration has announced a new rule requiring airlines&nbsp;to&nbsp;<a target="_blank" href="https://www.transportation.gov/briefing-room/biden-harris-administration-announces-final-rule-requiring-automatic-refunds-airline" rel="noreferrer noopener">swiftly issue automatic cash refunds to passengers.&nbsp;</a>
The U.S. Department of Transportation (DOT) finalized a rule mandating airlines to provide refunds under specific circumstances, aiming&nbsp;to eliminate disparities in refund policies across carriers.
Previously, airlines set varying standards, complicating refund requests for passengers.
Refunds&nbsp;will now be guaranteed&nbsp;for flight cancellations, significant schedule alterations, and delayed baggage return.
Under the new rule, refunds will be automatic, issued promptly within defined timeframes, and provided in cash or original payment method.
Some of the conditions that entitle passengers with a refund include the following:
Departure or arrival time difference of more than three hours for domestic flights and more than six hours for international flights.
If the passenger&nbsp;is scheduled&nbsp;to depart from a different origination airport or arrive at a different destination airport.
Itinerary with more connection points than&nbsp;that of&nbsp;the original itinerary, downgrading a passenger to a lower class of service.
If a passenger with a disability&nbsp;is scheduled&nbsp;to travel on a substitute&nbsp;aircraft&nbsp;that results in one or more accessibility features needed by the passenger being unavailable.
The above rules aim to simplify the refund process, eliminating cumbersome procedures and default issuance of travel credits.
DOT intends to propose further regulations, including bans on family seating fees and mandates for passenger compensation during flight disruptions.
Additionally, initiatives to enhance wheelchair users&#8217; travel rights are underway.
Some of the&nbsp;major&nbsp;air carriers in the U.S. include&nbsp;American Airlines Group Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>),&nbsp;United Airlines Holdings Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>),&nbsp;Delta Air Lines Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), and&nbsp;Southwest Airlines Co&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>).
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Wikimedia Commons

Airline Passenger Rights Elevated: Biden Administration Enforces Refund Rule

Whales with a lot of money to spend have taken a noticeably bearish stance on American Airlines Gr.
Looking at options history for American Airlines Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 54% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $726,530 and 5, calls, for a total amount of $500,960.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $12.0 to $25.0 for American Airlines Gr over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for American Airlines Gr's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across American Airlines Gr's significant trades, within a strike price range of $12.0 to $25.0, over the past month.
<h3>American Airlines Gr Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713976283_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$10.85</td>
<td>$10.3</td>
<td>$10.8</td>
<td>$25.00</td>
<td>$324.0K</td>
<td>0</td>
<td>0</td>
</tr>
<tr>
<td>AAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$0.55</td>
<td>$0.52</td>
<td>$0.53</td>
<td>$17.00</td>
<td>$265.0K</td>
<td>2.8K</td>
<td>5.0K</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.88</td>
<td>$0.84</td>
<td>$0.84</td>
<td>$12.00</td>
<td>$210.0K</td>
<td>77.0K</td>
<td>2.5K</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/26/24</td>
<td>$0.38</td>
<td>$0.36</td>
<td>$0.37</td>
<td>$14.00</td>
<td>$92.5K</td>
<td>4.3K</td>
<td>2.5K</td>
</tr>
<tr>
<td>AAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$0.88</td>
<td>$0.86</td>
<td>$0.86</td>
<td>$15.00</td>
<td>$64.5K</td>
<td>492</td>
<td>751</td>
</tr>
</tbody>
</table>

<h3>About American Airlines Gr</h3>
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.
In light of the recent options history for American Airlines Gr, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>American Airlines Gr's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 14,794,287, the AAL's price is down by -1.9%, now at $13.96. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 1 days.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for American Airlines Gr, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Behind the Scenes of American Airlines Gr's Latest Options Trends

Barclays analyst Brandon Oglenski maintained a Sell rating on American Airlines (AAL – Research Report) today and set a price target of $14.00. The...

Barclays Sticks to Its Sell Rating for American Airlines (AAL)

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Wall Street&nbsp;is eagerly awaiting&nbsp;the long-anticipated pivot from the Federal Reserve&rsquo;s quantitative tightening cycle. While no one can pinpoint the exact timing of such a shift, the Fed has <a href="https://www.reuters.com/markets/us/feds-daly-says-3-rate-cuts-this-year-reasonable-2024-04-02/">signaled three rate cuts this year</a>. However, recent inflation data have cast doubt on whether we&rsquo;ll see any easing&nbsp;at all&nbsp;in 2024. Personally, I believe at least one rate cut is likely, given the political pressures of an election year. Regardless, nearly everyone agrees that inflation will eventually subside. That should pave the way for significantly lower interest rates over the next two years.



Certain stocks stand to benefit disproportionately from the renewed liquidity and economic tailwinds that lower rates would provide. As lending costs decline, consumer demand and business investment could rebound sharply. Pinpointing these potential winners now is a good idea. With that in mind, let&rsquo;s look at the three stocks that could surge once rate cuts kick in.



<h2>American Airlines (AAL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/americanairlines-300x169.jpg" alt="American Airlines plane on ramp in Chicago Airport. American Airlines is amongst the airlines cancelling flights"><div>Source: GagliardiPhotography / Shutterstock.com</div></div>The airline industry&nbsp;was facing&nbsp;headwinds even before the pandemic struck, with American Airlines&rsquo; (NASDAQ:<a href="https://investorplace.com/stock-quotes/aal-stock-quote/">AAL</a>) stock down a staggering 50% from its 2018 peak. While the travel boom has provided some relief, AAL stock has&nbsp;largely&nbsp;traded sideways around the $10-$15 range in recent months. However, I believe the market is undervaluing this stock&rsquo;s potential at its current depressed valuation.



Trading at just 11.5-times trailing earnings, American Airlines appears excessively cheap, especially considering its earnings power could&nbsp;be obscured&nbsp;by the high interest rate environment.&nbsp;The company <a href="https://seekingalpha.com/symbol/AAL/income-statement">paid&nbsp;a whopping&nbsp;$1.6 billion in net interest expenses</a> last year. Yet, American has&nbsp;managed to stay&nbsp;solidly profitable while <a href="https://www.macrotrends.net/stocks/charts/AAL/american-airlines-group/total-liabilities">deleveraging its balance sheet by around $12 billion</a> since mid-2021.



Once interest rates inevitably come down,&nbsp;this immense interest burden will be alleviated, potentially unlocking significant upside. The market seems to be underappreciating the impact of future rate cuts, which I&rsquo;m confident will materialize within the next two years or sooner. As this tailwind kicks in, AAL stock could take flight from its current bargain-basement levels.



<h2>PayPal (PYPL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/pypl1600-1-300x169.png" alt="PayPal Holdings, Inc. (PYPL) icon displayed on smartphone with keyboard background. is an American multinational financial technology company operating an online payment"><div>Source: Poetra.RH / Shutterstock.com</div></div>PayPal (NASDAQ:<a href="https://investorplace.com/stock-quotes/pypl-stock-quote/">PYPL</a>) is a misunderstood growth story poised to soar once rate cuts take effect. While the fintech giant&rsquo;s slowing user growth has spooked Wall Street, causing shares to plummet 47% from pre-pandemic highs, I believe this stock price move overlooks PayPal&rsquo;s underlying strength.



Despite user churn, PayPal continues growing steadily. The company reported year-over-year revenue growth of nearly 9% and net income near record levels in its recent quarter.&nbsp;This&nbsp;suggests those departing PayPal aren&rsquo;t necessarily the company&rsquo;s most profitable customers. PayPal has a sticky core user base that it has&nbsp;been successfully monetizing&nbsp;at increasing rates.



Looking ahead, analysts forecast&nbsp;PayPal will <a href="https://seekingalpha.com/symbol/PYPL/earnings/estimates">sustain 8%+ annual sales growth</a> and low double-digit earnings growth in the coming years. For a company boasting cash flow prowess and merchant acceptance rivaling Visa (NYSE:<a href="https://investorplace.com/stock-quotes/v-stock-quote/">V</a>) and Mastercard (NYSE:<a href="https://investorplace.com/stock-quotes/ma-stock-quote/">MA</a>), paying less than 17-times earnings is an absolute steal,&nbsp;in&nbsp;my view.



With billions allocated to share buybacks and the potential for dividend initiation akin to Meta&rsquo;s (NASDAQ:<a href="https://investorplace.com/stock-quotes/meta-stock-quote/">META</a>) recent move, PayPal could unlock immense value as an economic revival spurred by lower rates reignites user growth. I see tremendous upside ahead for this under-appreciated fintech titan.



<h2>Six Flags Entertainment (SIX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/01/six-stock-300x169.jpg" alt="The Six Flags (SIX) Magic Mountain sign in Los Angeles, California."><div>Source: Martina Badini/Shutterstock.com</div></div>Six Flags Entertainment&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/six-stock-quote/">SIX</a>) finds itself&nbsp;in a similar position to other travel companies awaiting relief from high interest rates. The company was racking up debt well before the pandemic (much&nbsp;of it&nbsp;floating-rate), resulting in a painful <a href="https://seekingalpha.com/symbol/SIX/income-statement">$158 million net interest expense</a> burden last year.&nbsp;For context, Six Flags&rsquo; entire market cap hovers around just $2 billion&nbsp;currently.



Despite this near-term strain, the stock has traded rangebound between $20-$25 since July 2022 as the market seemingly awaits a catalyst.&nbsp;I believe falling interest rates could provide that spark, given Six Flags&rsquo; well-established business model and robust margins.&nbsp;You&rsquo;re paying a mere 13-times forward earnings for a company that analysts see delivering <a href="http://seekingalpha.com/symbol/SIX/earnings/estimates">36.3% earnings per share growth</a> in 2024, and 22.3% the following year.



A sustained&nbsp;decline in rates&nbsp;could potentially boost those rosy projections even further. This overlooked theme park play may not be making headlines today, but its fortunes could shift rapidly in a lower rate regime that benefits discretionary consumer spending.



On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a>
<div>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/3-stocks-that-will-surge-once-interest-rate-cuts-kick-in/">3 Stocks That Will Surge Once Interest Rate Cuts Kick In</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Stocks That Will Surge Once Interest Rate Cuts Kick In

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
If you&rsquo;re on the hunt for stocks to get rich, you&rsquo;re in the right place. These seven stocks, each offering distinct opportunities for financial success, stand out among the plethora of investing choices. Showcasing everything from innovative tech to sustainable energy solutions and progressive automobile strategy, they perfectly capture the spirit of creativity and adaptability.



To begin with, the first one stands out as the front-runner, harnessing the exponential rise in digital ad income through cutting-edge AI technology. The second one, similar in its emphasis on flexibility and market resilience, is fascinating. Meanwhile, the third, at the forefront of renewable energy, presents an intriguing opportunity.&nbsp;&nbsp;&nbsp;



Regarding automobiles, the fourth and fifth models shift manufacturing to electric vehicles (EVs). This is in line with the increased demand from consumers for environmentally beneficial modes of mobility. The seventh one takes advantage of the increasing need for high-speed internet services by selling fiber. Meanwhile, the sixth one claims a significant backlog and ongoing demand for aerospace goods.&nbsp;



Overall,&nbsp;these seven stocks to get rich are doors into various industries ready for expansion and change.



<h2>Stocks to Get Rich: Meta (META)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/meta1600-1-300x169.png" alt="In this photo illustration the Meta logo seen displayed on a smartphone and in the background the Facebook logo"><div>Source: rafapress / Shutterstock.com</div></div>Meta&rsquo;s (NASDAQ:<a href="https://investorplace.com/stock-quotes/meta-stock-quote/">META</a>) ad business is a significant source of income, recording a&nbsp;<a href="https://s21.q4cdn.com/399680738/files/doc_financials/2024/q1/Meta-03-31-2024-Exhibit-99-1_FINAL.pdf" target="_blank">27% year-over-year&nbsp;</a>(YOY) increase in Q1 total Family of Apps ad revenue to $35.6 billion. A number of industries, such as internet gaming, online retail, and entertainment media, are responsible for this expansion.



Moreover, a rise in ad revenue is more robust in some regions, such as<a href="https://s21.q4cdn.com/399680738/files/doc_financials/2024/q1/Meta-03-31-2024-Exhibit-99-1_FINAL.pdf" target="_blank">&nbsp;Europe (33% growth)</a>&nbsp;and the rest of the world (40% growth). Meta has balanced a growing average price per ad (up 6% YOY) and growing ad impressions (up 20% YOY). Even if the Asia-Pacific and the Rest of the World regions are the key drivers of impression increases, advertiser demand drives pricing growth.



Furthermore, Meta uses AI across all its platforms to improve the user experience and increase revenue. Using sophisticated models like&nbsp;Llama 3, Meta AI improves user interactions by offering features like picture animation, excellent image production, and intelligent answers. Finally, with technologies like Advantage+, AI is essential for enhancing ad relevance, optimizing ad placements, and automating campaign setup.



<h2>Visa (V)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/06/visa-1600-300x169.jpg" alt="several Visa branded credit cards"><div>Source: Kikinunchi / Shutterstock.com</div></div>In constant currency, Visa&rsquo;s (NYSE:<a href="https://investorplace.com/stock-quotes/v-stock-quote/">V</a>) worldwide payments volume&nbsp;<a href="https://s1.q4cdn.com/050606653/files/doc_financials/2024/q2/Q2-2024-Earnings-Release_vF.pdf" target="_blank">climbed by 8% annually</a>. In contrast to the preceding quarter, the rise in worldwide payment volume was comparatively steady, notwithstanding the macroeconomic slowdown in Mainland China. The number of payments made in the U.S. increased by 6% annually, with comparable growth rates for credit and debit cards.&nbsp;



Certainly, Visa demonstrates its strong market presence and capacity to capture transaction volume across a variety of categories, both locally and globally, through its steady increase in global payments volume. Visa&rsquo;s ability to maintain growth stability despite economic obstacles in specific locations&nbsp;is reflected&nbsp;in its adaptability and resilience in various market scenarios.



Moreover, except for transactions within Europe, Visa&rsquo;s cross-border volume<a href="https://s1.q4cdn.com/050606653/files/doc_financials/2024/q2/Q2-2024-Earnings-Release_vF.pdf" target="_blank">&nbsp;increased by 16%</a>&nbsp;in constant dollars YOY. Visa&rsquo;s phenomenal rise in cross-border traffic has demonstrated its strong position in enabling international transactions. Overall, Visa&rsquo;s revenue diversification and development&nbsp;are facilitated&nbsp;by the notable increase in cross-border travel traffic.



<h2>Stocks to Get Rich: Enphase (ENPH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/07/enph1600-300x169.png" alt="Smartphone with logo of American company company Enphase Energy Inc. (ENPH) on screen in front of business website. Focus on left of phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>In Q1 2024, Enphase (NASDAQ:<a href="https://investorplace.com/stock-quotes/enph-stock-quote/">ENPH</a>) sold&nbsp;<a href="https://investor.enphase.com/static-files/6423bafe-bb5d-41e6-a4dc-90b86fa3aaf9" target="_blank">75.5 megawatt hours</a>&nbsp;of IQ Batteries, indicating a growing trend in the use of energy storage technologies. Enphase is a leader in energy storage technology, and the high demand for IQ batteries demonstrates this, as does its capacity to adapt to changing client demands.&nbsp;



Furthermore, Enphase launched the IQ8P Microinverters.&nbsp;This&nbsp;has a 480 W peak output AC power for small-commercial markets across many nations. This new product demonstrates Enphase&rsquo;s dedication to creating cutting-edge solutions that serve various solar industry niches and open up new development prospects.



For Q1 2024, Enphase&rsquo;s revenue mix is&nbsp;<a href="https://investor.enphase.com/static-files/6423bafe-bb5d-41e6-a4dc-90b86fa3aaf9" target="_blank">57% U.S. and 43% foreign</a>. Its balanced revenue distribution demonstrates the company&rsquo;s successful entry into foreign markets. This diversifies its income sources and lessens reliance on any one market. Similarly, in Q1 2024, Enphase had a&nbsp;<a href="https://finance.yahoo.com/news/enphase-energy-inc-nasdaq-enph-145951920.html" target="_blank">solid 70% sequential&nbsp;</a>sales gain in Europe.&nbsp;



To sum up, the company&rsquo;s success in Europe reflects its ability to successfully enter new markets and take advantage of the rising demand for renewable energy sources.



<h2>General Motors (GM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/gm-stock-6-300x169.jpg" alt="Image of General Motors (GM) logo on corporate building with clear sky in the background."><div>Source: Katherine Welles / Shutterstock.com</div></div>In terms of manufacturing and wholesale volume, General Motors (NYSE:<a href="https://investorplace.com/stock-quotes/gm-stock-quote/">GM</a>) is still on schedule to produce between&nbsp;<a href="https://investor.gm.com/news-releases/news-release-details/gm-releases-2024-first-quarter-results-and-raises-full-year" target="_blank">200K and 300K Lithium-Based EVs</a>&nbsp;by 2024. Compared to Q1 2023, the company&rsquo;s wholesale sales of Lithium-Based EVs increased significantly to 22K in Q1 2024. General Motors&rsquo; focus on EV sales and production targets highlights the company&rsquo;s strategic focus on top-line sustainability in electric mobility.&nbsp;



Moreover, General Motors&nbsp;<a target="_blank" href="https://finance.yahoo.com/news/general-motors-company-nyse-gm-151413096.html">prepares itself&nbsp;</a>for a long-term lead in the quickly changing automotive sector by investing in the EV transition. During Q1, General Motors saw gains in EV variable&nbsp;<a target="_blank" href="https://investor.gm.com/news-releases/news-release-details/gm-releases-2024-first-quarter-results-and-raises-full-year">profit and EBIT margins</a>&nbsp;both sequentially and annually. These enhancements result from the company&rsquo;s attempts to expand its EV operations, lower material prices, and increase manufacturing efficiency.&nbsp;



To conclude, increasing EV profitability helps General Motors boost its competitiveness, quicken market penetration, and promote steady growth in the EV industry.



<h2>Stocks to Get Rich: Ford (F)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/shutterstock_760679017-300x169.png" alt="Ford dealership sign against a blue sky."><div>Source: D K Grove / Shutterstock.com</div></div>Ford (NYSE:<a href="https://investorplace.com/stock-quotes/f-stock-quote/">F</a>) has modified its capital expenditures to conform to the changing demand and environment surrounding the deployment of EVs. The business projects capital expenditures of $8 billion to&nbsp;<a href="https://s201.q4cdn.com/693218008/files/doc_financials/2024/q1/Q1-2024-PRESS-RELEASE-4-24-24-FINAL.pdf" target="_blank">$9 billion in 2024</a>. Its focus is aligning prices with the electric vehicle industry&rsquo;s consumer expectations.&nbsp;



Additionally, Ford&rsquo;s electrification plan heavily emphasizes hybrid cars, and the business has seen a notable increase in the number of hybrid vehicles sold. As of Q1, Ford is the third-largest seller of hybrid vehicles in the U.S. market. Its hybrid volume growth may reach&nbsp;<a href="https://s201.q4cdn.com/693218008/files/doc_financials/2024/q1/Q1-2024-PRESS-RELEASE-4-24-24-FINAL.pdf" target="_blank">40% in 2024</a>. Thus, Ford&rsquo;s expanding market share and revenue growth are&nbsp;driven&nbsp;by the growing demand for environmentally friendly and fuel-efficient vehicles.&nbsp;This&nbsp;is highlighted&nbsp;by the lead of the company&rsquo;s hybrid products.



Finally, Ford&rsquo;s software division has seen significant subscriber growth, with&nbsp;<a href="https://seekingalpha.com/article/4685923-ford-motor-company-f-q1-2024-earnings-call-transcript" target="_blank">paid customers topping 700,000</a>&nbsp;and growing by 47% annually. The increase in software subscriptions can be attributed to the increased demand from business clients for Ford&rsquo;s digital solutions. Therefore, the excellent subscriber retention rate and growing uptake of Ford&rsquo;s software solutions bolster the recurring income stream and overall profitability of Ford Pro.



<h2>Boeing (BA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/02/shutterstock_1212299986-300x169.jpg" alt="BA stock: a blue and white Boeing 787 flying in the sky above the clouds"><div>Source: vaalaa / Shutterstock</div></div>Boeing&rsquo;s (NYSE:<a href="https://investorplace.com/stock-quotes/ba-stock-quote/">BA</a>) backlog is a crucial predictor of future earnings and business operations. By the end of 2024&rsquo;s first quarter, Boeing had&nbsp;<a href="https://s2.q4cdn.com/661678649/files/doc_financials/2024/q1/2024-03-Mar-31-8K-PR-Ex-99-1.pdf" target="_blank">$529 billion in backlogs</a>. Over 5,600 commercial aircraft, valued at $448 billion, are included in this number. Additionally, orders that Boeing has received but has not yet fulfilled are represented in the backlog, giving insight into top-line potential. For Boeing, the backlog is an important indicator of the strong demand for its products in the upcoming years.&nbsp;&nbsp;



Moreover, Boeing secured<a href="https://s2.q4cdn.com/661678649/files/doc_financials/2024/q1/2024-03-Mar-31-8K-PR-Ex-99-1.pdf" target="_blank">&nbsp;125 net orders</a>&nbsp;in the first quarter of 2024, showing that it can get fresh orders. Notable contracts were among these&nbsp;orders: American Airlines (NASDAQ:<a href="https://investorplace.com/stock-quotes/aal-stock-quote/">AAL</a>) ordered 85 737-10 aircraft, and clients like Ethiopian Airlines ordered&nbsp;<a href="https://seekingalpha.com/article/4685762-boeing-company-ba-q1-2024-earnings-call-transcript" target="_blank">28 777X aircraft.</a>&nbsp;Hence, these orders show that Boeing can still attract clients and increase revenue for all its product categories.



<h2>AT&amp;T (T)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/att-t-stock1600-300x169.png" alt="AT&amp;T Retail cell phone and mobility store. T stock"><div>Source: Jonathan Weiss / Shutterstock.com</div></div>Last on the list of stocks to get rich is AT&amp;T (NYSE:<a href="https://investorplace.com/stock-quotes/t-stock-quote/">T</a>). The first quarter saw robust demand for high-speed internet services, as seen in <a href="https://investors.att.com/~/media/Files/A/ATT-IR-V2/financial-reports/quarterly-earnings/2024/1Q24/1Q24_ATT_News_Release.pdf" target="_blank">adding 252,000</a>&nbsp;AT&amp;T Fiber net subscribers. With 17 straight quarters of net additions over 200,000, AT&amp;T Fiber is a major growth driver in the consumer wireline market.



Moreover, consumer broadband revenues increased by&nbsp;<a href="https://investors.att.com/~/media/Files/A/ATT-IR-V2/financial-reports/quarterly-earnings/2024/1Q24/1Q24_ATT_News_Release.pdf" target="_blank">7.7% annually</a>, mostly due to a robust 19.5% growth in fiber revenue. The rise highlights the growing need for high-speed internet services and reflects the potential for AT&amp;T to leverage this trend by providing fiber services. Similarly, Fiber ARPU increased by more than 4% annually. Meanwhile, intake ARPU remained above $70.&nbsp;Therefore, this&nbsp;shows that fiber services are well monetized and emphasizes how&nbsp;important&nbsp;high-speed internet access is to customers.



To sum up, with a net debt-to-adjusted EBITDA ratio of&nbsp;<a href="https://investors.att.com/~/media/Files/A/ATT-IR-V2/financial-reports/t-usq-transcript-2024-04-24.pdf" target="_blank">2.9 times</a>&nbsp;at the end of March, AT&amp;T has been aggressively cutting its debt.&nbsp;This&nbsp;shows that the corporation is making headway toward attaining its goal of 2.5 times by H1 2025.&nbsp;Hence, this&nbsp;indicates responsible financial management and a dedication to bolstering its balance sheet.



As of this writing, Yiannis Zourmpanos held long positions in META, ENPH, and&nbsp;T. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/7-must-buy-stocks-to-lock-in-a-luxurious-lifestyle/">7 Must-Buy Stocks to Lock In a Luxurious Lifestyle</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Must-Buy Stocks to Lock In a Luxurious Lifestyle

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American Airlines is the latest carrier to cut back on routes due to Boeing delays

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Warren Buffett may be the Oracle of Omaha, but his track record isn&rsquo;t perfect. Just look to his <a href="https://finance.yahoo.com/news/how-warren-buffetts-airline-stocks-have-performed-since-berkshire-hathaway-sold-them-134849843.html">losing airline play</a> that saw Buffett dump a slew of <a href="https://investorplace.com/industries/consumer-discretionary/travel/airline/">airline stocks</a>, including Delta (NYSE:<a href="https://investorplace.com/stock-quotes/dal-stock-quote/">DAL</a>) and American (NASDAQ:<a href="https://investorplace.com/stock-quotes/aal-stock-quote/">AAL</a>), at or near their initial pandemic bottom in May 2020 &mdash; companies which, like Delta, nearly doubled in the interim.



Likewise, many consider Buffett&rsquo;s age a concern as Berkshire Hathaway&rsquo;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>, NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)-stock-quote/">BRK-B)</a> future remains uncertain. While always a concern, investors&rsquo; fears magnified after Warren Buffett&rsquo;s longtime business partner, <a href="https://investorplace.com/2023/12/in-memory-of-a-legend-7-stocks-that-charlie-munger-loved/">Charlie Munger</a>, passed. Worse yet, though possibly a respectful and heartfelt eulogy, <a href="https://www.berkshirehathaway.com/letters/2023ltr.pdf">Buffett told investors</a> in the subsequent annual shareholder letter that Munger &ldquo;was the &lsquo;architect&rsquo; of the present Berkshire, and [Buffett] acted as the &lsquo;general contractor&rsquo; to carry out the day-by-day construction of his vision.&rdquo;



The extent to which that&rsquo;s true is uncertain. Still, just as many investors follow Buffett&rsquo;s lead based on a cult of personality as do for his sound investment principles &mdash; if Munger was the true brains behind the operation, then maybe it&rsquo;s best to avoid these Warren Buffett stocks today.



<h2>Paramount (PARA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/para1600-300x169.png" alt="In this photo illustration, the Paramount Global (PARA) logo is displayed on a smartphone screen"><div>Source: rafapress / Shutterstock.com</div></div>I said Paramount&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/para-stock-quote/">PARA</a>) was <a href="https://investorplace.com/2023/08/trouble-in-tinseltown-3-entertainment-stocks-to-sell-before-the-curtain-falls/">worth selling</a> in August 2023 when shares traded in the $15 range; little has changed since then aside from per-share pricing dropping further. They&rsquo;ve worsened as corporate politicking and legal battles put further pressure on the struggling media stock.



Bloomberg&rsquo;s Matt Levine wrote a <a href="https://www.bloomberg.com/opinion/articles/2024-04-29/a-paramount-merger-will-be-tricky?srnd=undefined">stellar summary</a> of the current Paramount conundrum that&rsquo;s well worth reading but, in a nutshell, a unique voting structure means that one side of the shareholder equation (voting rights vs. non-voting shares) will be left in the lurch no matter which buyout deal transpires, leaving a protracted legal battle all but inevitable.



Perhaps that&rsquo;s why (former) CEO Bob Bakish <a href="https://www.nytimes.com/2024/04/29/business/media/paramount-bob-bakish-steps-down.html">just stepped down</a> &mdash; the stress of managing multiple threads pulling apart the overall operation, including flagging cable viewership alongside merger battles, is likely quite the load to bear. Regardless, when CEOs suddenly depart a struggling enterprise, it&rsquo;s one more data point to note that this is one major Warren Buffett stock to avoid.



<h2>Sirius XM (SIRI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/07/siri1600-300x169.png" alt="Person holding mobile phone with logo of US broadcasting company Sirius XM Holdings Inc. (SIRI) on screen in front of web page. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>Sirius XM (NASDAQ:<a href="https://investorplace.com/stock-quotes/siri-stock-quote/">SIRI</a>) may not be struggling quite as much as Paramount, but that doesn&rsquo;t change the fact that it&rsquo;s another Warren Buffett stock to avoid. The company lost nearly <a href="https://www.hollywoodreporter.com/business/business-news/siriusxm-loses-pandora-subscribers-1235886707/">360,000 paying subscribers</a> in the first three months of this year alone, beating the prior period&rsquo;s loss by nearly 20,000. Sirius management blamed the slippage on fewer promotional subscribers converting (think Sirius bundled in new and used car sales) or otherwise having access to the platform. I say that if your entire business model hinges on hitchhiking onto other, mostly unrelated business segments and their unique sales cycles (that you can&rsquo;t affect), then maybe it&rsquo;s a sign that a pivot is in order.



Sirius shares are firmly in penny stock territory, trading below $3.50, meaning there may be an opportunity for a quick bounce, considering its <a href="https://www.gurufocus.com/news/2421887/sirius-xm-holdings-inc-siri-q1-2024-earnings-meets-eps-estimates-with-revenue-gains-amidst-challenges">just-released report</a> includes slim sales and income gains. Still, I wouldn&rsquo;t peg Warren Buffett as a penny stock player, nor would I hinge my hopes on a long-term reversal, making this another Warren Buffett stock to avoid.



<h2>Kraft Heinz (KHC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/khc-stock-300x169.jpg" alt="A photo of both the Kraft and Heinz logo"><div>Source: Eyesonmilan/Shutterstock.com</div></div>Warren Buffett <a href="https://www.reuters.com/article/us-berkshire-buffett-kraft-heinz/warren-buffett-says-berkshire-overpaid-for-kraft-heinz-idUSKCN1QE1F0/">lamented</a> in 2019 that he had overpaid for his stake in Kraft Heinz (NASDAQ:<a href="https://investorplace.com/stock-quotes/khc-stock-quote/">KHC</a>). Unfortunately, it hasn&rsquo;t improved much in the interim and remains another Warren Buffett stock to avoid.



Despite trading close to its 2019 price levels, Kraft Heinz is in a materially worse position than before, considering ongoing supply chain issues and economic forces eating into household budgets for name-brand foods like most of Kraft&rsquo;s offerings. The company&rsquo;s first-quarter earnings drops this week, on May 1st, but don&rsquo;t expect many surprises to the upside.



The company&rsquo;s fourth-quarter report included slipping sales (down 7% year-over-year), mostly centered in North America, where overall revenue fell by nearly 10%. We&rsquo;re arguably at the tail end of rate cuts&rsquo; worst impacts, yet Kraft is still struggling and may not emerge from the other side of a soft landing intact if and when that wider economic recovery occurs.



On the date of publication, Jeremy Flint held no positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Jeremy Flint, an MBA graduate and skilled finance writer, excels in content strategy for wealth managers and investment funds. Passionate about simplifying complex market concepts, he focuses on fixed-income investing, alternative investments, economic analysis, and the oil, gas, and utilities sectors. Jeremy&rsquo;s work can also be found at <a href="https://jeremyflint.work/">www.jeremyflint.work</a>.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/stock-market-crash-warning-dont-get-caught-holding-these-3-warren-buffett-stocks/">Stock Market Crash Warning: Don&#8217;t Get Caught Holding These 3 Warren Buffett Stocks</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Stock Market Crash Warning: Don't Get Caught Holding These 3 Warren Buffett Stocks

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Rising inflation pressures spooked equity markets in April. The S&amp;P 500, for instance, shed more than 25% of its value, its worst month since last September. Moreover, The NASDAQ and Dow followed suit, with similar losses. Many would say that the current market scenario is the Fed&rsquo;s undoing, with it initially supporting markets but now taking a more hawkish approach. Therefore, interest rates will remain elevated for a while, making it an opportune moment for investors to consider <a href="https://investorplace.com/industries/consumer-discretionary/travel/">travel stocks</a> to avoid.



Travel stocks are often categorized in the growth cyclical, a category that benefits immensely from an expansionary monetary policy. With the economy booming and deeper pockets, travel stocks tend to shine, offering superb upside for investors. However, that&rsquo;s unlikely to pan out anytime soon, so it&rsquo;s best to offload these travel stocks to avoid them.



<h2>Travel Stocks to Avoid: Carnival (CCL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/ccl1600-300x169.png" alt="Carnival (CCL) logo sign in the night at their headquarters in Miami, Florida, USA. Carnival Cruise Line is an international cruise line."><div>Source: JHVEPhoto / Shutterstock.com</div></div>Leading cruise line operator&nbsp;Carnival&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/ccl-stock-quote/" target="_blank">CCL</a>) had an incredible run in the stock market last year. CCL stock gained <a href="https://seekingalpha.com/symbol/CCL/momentum/performance">a staggering 61%</a> on the back of its blow-out operating results despite the macroeconomic headwinds. Alot of those gains were due to the risk-on sentiment in the stock market last year, which has faded away in recent weeks.



Nevertheless, there&rsquo;s a lot to like about CCL and its long-term prospects. It recently reported another earnings smasher, comfortably beating estimates across both lines. Its first-quarter (Q1) sales jumped to $5.41 billion, 22% higher on a year-over-year (YOY) basis, while making impressive strides in regaining profitability later this year. Moreover, with a record $7 billion in deposits in Q1, it effectively pounced on a monumental wave season.



Though everything may seem fine and dandy with CCL, there are a few reasons it is an unattractive bet in the near term. Firstly, the stock has had an incredible run over the past year, and given the current situation with interest rates, the near-term upside seems limited. The stock is down 10% this month, and with it having to lap incredibly tough comps in the upcoming quarters, I expect more downside ahead. Moreover, the Baltimore Bridge disaster is expected to clip CCL&rsquo;s <a href="https://seekingalpha.com/news/4084412-carnival-warns-that-baltimore-bridge-collapse-could-impact-fy24-adjusted-net-income-by-10m">2024 profit by $10 million</a>. Factor in all this, and CCL stock is still trading at an eye-watering 47.50 times trailing twelve-month GAAP earnings.



<h2>American Airlines Group (AAL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/aal1600-300x169.jpg" alt="An American Airlines (AAL) airplane waiting on the tarmac. Represents airline stocks."><div>Source: GagliardiPhotography / Shutterstock.com</div></div>American Airlines Group&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/aal-stock-quote/" target="_blank">AAL</a>) reported a lackluster Q1 2024 report last week, leaving a sour taste in its shareholders&rsquo; mouths. The world&rsquo;s largest carrier reported a non-GAAP EPS&nbsp;<a href="https://seekingalpha.com/news/4093962-american-airlines-reports-mixed-results-initiates-q2-and-reaffirms-fy24-outlook" target="_blank">of negative 34 cents</a>, missing estimates by five cents. Moreover, its sales of $12.6 billion were roughly in line with consensus estimates. Consequently, AAL stock has been down almost 12% in the past month, lagging behind the broader market by a considerable margin.



AAL wasn&rsquo;t the flashiest investment last year, ending in the red with a negative 1% return. Though it continued to deliver strong sales growth, it was lapping tough comps, among other headwinds. Moreover, it made healthy progress in its debt reduction goal, one of the biggest talking points in the airline sphere during the pandemic years.



However, I don&rsquo;t expect the airliner to woo the market anytime soon with its quarterly reports. Analysts expect a 4.2% gain in its top-line in the upcoming quarter, with eight downward EPS revisions compared to four positive ones.&nbsp; Boeing&rsquo;s (NYSE:<a href="https://investorplace.com/stock-quotes/ba-stock-quote/">BA</a>) woes will likely have a sizeable impact on its financials. In fact, it followed the rest of its peers&nbsp;<a href="https://seekingalpha.com/news/4095453-american-airlines-is-the-latest-carrier-to-cut-back-on-routes-due-to-boeing-delays" target="_blank">in cutting back</a>&nbsp;on routes due to Boeing delays.



<h2>Spirit Airlines (SAVE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/save1600-2-300x169.png" alt="Spirit Airlines (SAVE) is the leading Ultra Low Cost Carrier in the United States. Spirit Aircrafts at Fort Lauderdale-Hollywood International Airport"><div>Source: YES Market Media / Shutterstock.com</div></div>Spirit Airlines&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/save-stock-quote/" target="_blank">SAVE</a>) is another low-cost carrier with limited upside potential. Its stock is <a href="https://seekingalpha.com/symbol/SAVE/momentum/performance">down almost 78% year-to-date (YTD) </a>and almost 27% just this month. Perhaps one of the main reasons for such a performance is the U.S. Justice Department&rsquo;s decision to block its merger with JetBlue&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/jblu-stock-quote/">JBLU</a>). Experts, including&nbsp;InvestorPlace&rsquo;s&nbsp;Eddie Pan, believe that Spirit could consider bankruptcy and asset liquidation following the debacle.



Ironically, Spirit Airlines has seen its costs rise significantly quicker than its top-line growth. From 2019 to 2023, the company&rsquo;s total sales grew by roughly 40% compared to its cost of revenues, which jumped 81%. Clearly, its business model hasn&rsquo;t worked,&nbsp; which continues to weigh down its financial flexibility. It attracts a <a href="https://www.gurufocus.com/stock/SAVE/summary">deplorable 3 on 10</a> Financial Strength rating from GuruFocus, with its Altman Z-Score firmly in the Distress Zone. Hence, SAVE is another airliner you&rsquo;d want to avoid at this time.



On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor&rsquo;s of science degree in applied accounting from Oxford Brookes University.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/05/stock-market-crash-warning-dont-get-caught-holding-these-3-travel-stocks/">Stock Market Crash Warning: Don&#8217;t Get Caught Holding These 3 Travel Stocks</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Stock Market Crash Warning: Don't Get Caught Holding These 3 Travel Stocks

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AKAM

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ANZFF

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