JetBlue (JBLU): Powerful actionBy Timothy Lutts, Chief Analyst of Cabot Stock of the Month
From Cabot Wealth Advisory 9/15/15 Sign up for Cabot Wealth Advisory—it’s free!
If you’re in the mood for buying—after all, some stocks are still going up—I strongly advise prospecting in the list of stocks hitting new highs, where you’ll find performers like JetBlue (JBLU).
Here’s what Mike Cintolo wrote about JetBlue in last week’s issue of Cabot Top Ten Trader.
“JetBlue is thriving for a couple of reasons. First, the entire airline industry is getting a boost from low fuel costs and a gradually improving U.S. economy that has air travel on the increase. But the second reason, the really important one, is that JetBlue just runs its business better than its competitors. For instance, while the airline industry enjoyed a 7% margin expansion in Q1 2015 (vs. 2014), JetBlue made a 14% gain. And if you back the improvement in fuel costs out of that measurement, you find the industry actually fell back by 2% while JetBlue gained 2%. The company’s strategy of operating in high-value markets and offering superior service—the most legroom in coach, free TV and premium movies, Wi-Fi on all flights—is paying off. And the company’s new Mint Class first-class service is getting great reviews from coast-to-coast travelers. Earnings are projected to grow 166% in 2015, and another 13% in 2016. Airlines are doing well, but JetBlue is doing great.”
When Mike wrote that (last Tuesday), JBLU was trading at 25.
Now it’s more than a point higher, having gained in each of the past seven trading days. That’s powerful!
So you could just jump in here.
But a smarter move would be to be become a regular reader of Mike’s Cabot Top Ten Trader, so that you’ll not only be updated on JBLU every month, you’ll also read about nine other high-potential stocks every Monday!
For details, click here now.
|JetBlue Airways (JBLU)
27-01 Queens Plaza North
Long Island City, New York 11101
|Index Membership: N/A
Industry: Regional Airlines
Full Time Employees: 14,223