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IBDvalueinvestin (99.68)

Oil down to $83 from well over +$100, biggest benefactors are?

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June 13, 2012 – Comments (2) | RELATED TICKERS: UAL , LCC , DAL

Airline stocks.. Here are 3 that have their Foraward PE's down in the 3's after Oil prices have crashed over 20% from highs. UAL , LCC, DAL

All three are gonna get a profit windfall from the crashing oil prices because the airliners biggest expense is JetFuel.

 

 OIL has entered a bear Market, down over -20% from highs.

2 Comments – Post Your Own

#1) On June 13, 2012 at 12:54 PM, TDRH (99.68) wrote:

Good luck with investing in Airlines.   Much of their jet fuel is locked into futures contracs  to guarantee a set price. 

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#2) On June 13, 2012 at 6:52 PM, IBDvalueinvestin (99.68) wrote:

TDRH, and they are locking in huge discounts to Jet Fuel at current prices for the upcoming qtrs and 2013. Its gonna be Monster big Profits in the coming Qtrs for Airline stocks like UAL. 

The trend is your friend and that means big savings are on their way for Airlines who are purchasing the very cheap JetFuel  future contracts today for the upcoming qtrs and 2013.

 http://www.airnav.com/fuel/report.html

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