Airtran Airways earns TOP PICK for today's market
They report tomorrow and I've been bullish on Airtran for quite sometime... Ever since I chose them back in MAY on my Las Vegas trip. The company has packed flights through much of Q2 due to being able to offer real cheap airfare....
A recent article shown off of Yahoo Finance points out the nice touches aboard an Airtran Airplane...I'd like to also point out that besides WiFi access they have Satellite Radio Hookup you can listen to with a pair of headphones.
Airtran may be trading today around 30% higher than it traded in April.... But it isn't much higher than when I declared the stock a Strong Buy. I said buy at a 6 handle and then I said buy buy buy when it was at a 5 handle.
This stock is going to go to an 8 handle real quick tomorrow after the earnings report..
Why? Not so much because of Q2 earnings....But because they are primed to be a top beneficiary of any kind of recovery in the economy next year.
2009 could quite very well be the bottom for air travel... And if you want to play an Air Travel bottom, you can't go wrong with AirTran.
But, I won't fault anyone for picking JetBlue....That'd be my 2nd choice.
Airtran reports earnings tomorrow so if this has been collecting dust on your watch list.... Then why not wipe the dust off and give it a spin? But, go LONG on this one to benefit from next year's earnings.