Airlines Soar As They Move Up Industry Group Rankings

By | February 25, 2014

Scalper1 News

Despite a spate of weather-related cancellations and new potential terror threats, airline stocks have been soaring amid continued strong air-travel demand. They got an additional lift on Tuesday as Stifel began covering Alaska Airlines (ALK), Allegiant Travel (ALGT) and Spirit Airlines (SAVE) with a buy rating. The group, one of the day’s top performers, ranks No. 32 among the 197 industry groups tracked by IBD. It was No. 61 three weeks ago and Scalper1 News

Scalper1 News