China Eastern Airlines Corp. Ltd. (ADR) (NYSE:CEA)

CAPS Rating: 1 out of 5

Provides international and domestic passenger and freight air services.

Recs

1
Player Avatar deuspecuniae (95.27) Submitted: 4/25/2008 5:01:15 PM : Outperform Start Price: $21.34 CEA Score: -73.00

The airline sector is obviously in a little trouble right now and will more than likely continue to suffer throughout the summer driving season when oil prises are at their usual highs; however, the charts for all airlines are just so oversold, and I see a quick bounce throughout the sector before a continuation of downward pressure returns.

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