Spirit Airlines (NASDAQ:SAVE)

CAPS Rating: 3 out of 5

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1
Player Avatar JPMaysMustang (62.31) Submitted: 4/30/2014 11:25:14 PM : Underperform Start Price: $56.90 SAVE Score: -17.10

Spirit may be great at managing costs and keeping margins inflated, but the public perception of the company will catch up with it. Just type "Spirit Airlines is..." into google and look at all the fun adjectives used. If I were to invest in the company one important aspect for me is the product. Spirit may offer deep discount travel but the product that customers receive is very apparently poor. I save my money to invest in companies with the best management, deepest moats and highest quality products, and it seems spirit is only good at slashing services and costs, not the makings of a long term winner in my opinion.

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