Varchild boosts BUY Rating on Airtran Holdings (AAI) from Buy to Strong Buy
May 26, 2009
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RELATED TICKERS: AAI.DL
Varchild2008... The guy who just moments ago admits he knows NOTHING!!!
The guy who FAILED when he thought HOTT was a short-term buy on earnings...
Is hereby upgrading his rating on AAI Airtran Holdings from BUY to STRONG BUY.
Yes.. It's an airline stock!! OMG!! But like Jetblue, Airtran Holdings is on a growth and expansion path.... The company is expanding its gates and routes in Milwaukee. It is the fastest growing airline out there right now.
I recommended Airtran at $6.45 a share.
It is now $5.65.
They beat earnings estimates by a mile and a half last quarter and so this is a play off of that along with a play off the fact that Airtran Holdings has packed their flights... quite a large number of them through much of APRIL and MAY. 2 Months of solid business should mean good things for Q2 earnings.
Earnings Outlook? Welp.. July is coming and oil prices DIP in July if last year is any indication.