3 Oversold Airline Stocks Ready to Take Flight

Summer vacations could send prices higher Summer vacations could send prices higher                                                                                                      Summer vacations could send prices higher                                                                                                      Summer vacations could send prices higher                                                                                                      [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here. Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, Keep an eye on beaten-down airline stocks. Even with demand taking off, some of the biggest names have fallen out of the sky. But we believe it’s just temporary. For one, global airlines just raised their profit forecasts to $30.5. billion for 2024. Two, airlines all over the world expect to see about five billion passengers, as noted by the International Air Transport Association. That’s just over 11% higher than year-earlier numbers. And travel demand is only getting stronger. According to TripAdvisor, “Americans and travelers around the world continue to place a high priority on summer vacations, according to the annual Summer Travel Index released today by Tripadvisor, the world's largest travel guidance platform. In fact, 95 percent of respondents are planning to travel as much (51%) or more (44%) than last summer, despite some concern about economic headwinds.” --------------------------------------------------------------- With that, keep an eye on down, but not out airline stocks such as: Company: American Airlines (SYM: AAL) American Airlines just gapped lower after cutting its profit and revenue guidance. However, it does appear that most of the negativity has been priced into the now-oversold stock. --------------------------------------------------------------- Sprott [Unearthing Opportunity]( A global leader in precious metals and critical materials investments designed with trust, transparency, and traceability in mind. Sprott’s distinct combination of physical bullion and mining equities investments allows you to potentially enhance your portfolio with materials that support the energy transition. [Explore your investment options today.]( --------------------------------------------------------------- Company: JetBlue Airways (SYM: JBLU) Weakness in JetBlue Airways is also an opportunity. After pulling back, JBLU is another bargain basement stock to consider. Oversold, we don’t think the JBLU stock will stay grounded for long. --------------------------------------------------------------- Oxford Club [4,735% Revenue Surge: The Linchpin of Nvidia's AI Dominance?]( [ai chip]( As Nvidia's new Blackwell chip sparks an AI revolution, one company is poised to skyrocket. This unsung hero's revenue could soar up to 4,735% in the next 12 months as tech titans line up to secure their groundbreaking technology. Early investors could see life-changing gains as this story unfolds. [Don't miss your chance to ride the AI mega-trend.]( --------------------------------------------------------------- Company: Southwest Airlines (SYM: LUV) Southwest Airlines (SYM: LUV) is another one to consider. After dropping from about $34 to $25, it’s just starting to pivot higher. From its last traded price of $28.47, we’d like to see it initially refill its bearish gap at around $29. --------------------------------------------------------------- Trading Tips [AI Stocks Set to Skyrocket – Free Report Inside]( Are you ready to seize the opportunity in the booming AI market? Our experts have meticulously identified the 10 best AI stocks to buy now, and we want to share this valuable insight with you – for free! [Click here to download your free report now]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Do you have your eye on any airline stocks or ETFs we might have missed? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. 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