It’s Time to Buy Weakness in Airline Stocks

We're seeing "record breaking" air travel this year [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, Airlines are seeing record numbers of travelers this year. Better, according to the Federal Aviation Administration (FAA), flight cancellations in the first half of the year was 1.4% -- the lowest in over a decade. “This year’s record-breaking air travel is another good sign for our economy as more Americans take to the skies than ever before,” added Transportation Secretary Pete Buttigieg. In addition, according to the International Air Transport Association (IATA), revenue could reach $996 billion this year. Unfortunately, those numbers haven’t had a big impact on most airline stocks just yet. Most of that has been courtesy of higher labor and oil costs, and new airplane delays at Boeing and Airbus. Still, don’t write the sector off. Instead, buy the temporary weakness. --------------------------------------------------------------- Weiss Ratings [Are you prepared for a financial lockdown?]( [transaction denied]( Martin Weiss here, and all the signs are telling me a massive crisis will begin to hit America — before the election … And when it happens, it could trigger an unprecedented response from our federal government … I'm talking about financial lockdowns … Where your bank account is under bureaucratic control. [Click here to watch this short video and learn how to prepare before it's too late.]( --------------------------------------------------------------- Company: American Airlines (SYM: AAL) American Airlines stock has been a disaster. After running into turbulence with a cut to its adjusted EPS numbers, the AAL stock gapped from about $14 to a current low of about $11. However, at this point, the pullback is overkill. With a good deal of negativity priced into the stock, buy and hold it long term. --------------------------------------------------------------- Trading Tips [Top 5 Stocks to Buy Ahead of the Presidential Election in 2024](Big things are happening in politics, and it could mean big wins for your wallet. If Trump wins again in 2024, some companies will do really well. Our friends at Trading Tips have found 5 of these companies and put them in a free report for you: "5 Stocks to Buy if Trump is Elected President in 2024." [Click here to claim your free copy of this report.]( (By clicking this link you agree to receive emails from Trading Tips and their affiliates. You can opt out at any time) --------------------------------------------------------------- Company: United Airlines (SYM: UAL) United Airlines (SYM: UAL) is also severely undervalued. It’s trading at 0.60x growth, at 0.28x sales, and just 4.5x earnings. Not only is it fundamentally cheap, UAL is also technically oversold on RSI, MACD and Williams’ %R. The last time UAL became this oversold in late Oct. 2023, it bounced from a low of about $34 to $56 a few months later. I’m hoping we get a similar bounce back from $47.20. --------------------------------------------------------------- Paradigm Press [This Play on Elon Musk’s Next IPO Could be Bigger than Nvidia]( In the last five years, Nvidia is up by more than 3,200%... Which is absolutely insane. If you missed out on the AI boom… And the massive gains from stocks like Nvidia… Elon Musk is now giving you a second chance. [Click here now and I’ll show you how you could profit BEFORE it goes public.]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Do you currently own shares of travel/airline stocks? Do you have your eye on any under-the-radar travel stocks 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. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â