Airline Stocks Outperform Tech In 2024: Holiday Travel 'Expected To See Records This Year'

Benzinga00:43

Soaring 60% in a year! American Airlines stock achieves its best performance in a decade.

So far this year, the S&P Super Comprehensive Airlines Index has risen by 60%, far exceeding the S&P 500 Index's increase of 27%, with several airlines, including JetBlue Airways and Southwest Airlines, revising their earnings forecasts for the fourth quarter of 2024. Barclays expects the fundamentals of the airline industry to improve significantly in 2025, with stronger profit margins and earnings outlooks for many airlines.

wallstreetcnDec 27 22:16

Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks With Over 4% Dividend Yields

BenzingaDec 24 22:02

American Airlines Lifts Christmas Eve Grounding, Shares Bounce Back

BenzingaDec 24 21:28

BlackRock Is the Best-positioned Asset Manager Heading Into 2025, Citi Says

Seeking AlphaDec 24 01:04

Spire: Missouri Is A 'Swing State' That Could Turn Performance From 'Mediocre To Marvelous'

BenzingaDec 23 22:56