Allegiant Travel Company (NASDAQ:ALGT)

wishingwealth stock list Tue, Apr 23, 2013, 8 new high stocks w/good recent earnings and technicals TC2000 scan

Two good runs in this stock. Time for a Threepeat!

Well run airline providing discount fares on niche routes. Has performed well vs. other airlines in recent past; and outlook for sector (barring world economic calamity) is good.

April 23, 2013 update: price action still unstoppable. In accordance with Justin Mamis' advice to ride a trend to failure, I'm getting back on the ALGT train...

Allegiant provides a low cost, bare-bones product, and its move to add seats to its MD-80 fleet will improve profitability. The addition of B757 and A319/320 aircraft should also help keep ALGT's cost structure the lowest in the business. I think 2013 will see nice margin growth, which could put the stock over $100 by 2014.

efficient, lower overhead and a highly competitive strategy

Unlike other airlines, this one keeps costs down, by using older aircraft. The fees, including one for carry-on bags, also bring in a healthy amount of revenue. The vertical integration with hotel and car rentals gives Allegiant a competitive advantage.

With a focus on leisure travel, company seems poised to benefit if/when the economy stops stagnating and people start spending money on things like travel again. One of two airlines to be profitable each of the last three years, a streak that should extend to four at the end of this year.

Airlines tend to be one of the first things cut during stagnant or economic downturns. With many companies on the fence with the current state of the economy and with a election fast approaching I don't see the corporate spend floodgates opening soon.

I cannot underline my recommendation of this company strongly enough. Go read their annual reports. Do it now.

This account tracks the fast-growing shakers and movers and some of the riskier stocks on my watch list.

http://www.fool.com/investing/general/2010/08/05/todays-buy-opportunity-allegiant-travel.aspx

Now here's an airline I can buy into - virtually no LTD, more than enough to cover any interest payments, more than 25% revenue growth over 3 years, more than 50% EPS growth over the last 5, high insider ownership and a PE below the industry standard.

Great up-and-coming airline serving unique markets (only carrier I know that serves destination - non destination). Excellent fundamentals (no long-term debt and about $10 in cash per share). Management has done a good job guiding the company and there is a large amount of insider ownership. Considering the fact that they serve a unique market, have an excellent balance sheet, great earnings growth, high insider ownership, and trading at only 15 P/E (closer to 11 if you take out the cash per share) I see a great opportunity to buy...

EPS hitting all time high. Here's to a squeeze of the shorts that are 40% of the float!

P/E around 10, earnings up over 100% year over year.

Two stars? I'm by no means a great investor, but to me this seems like a great buy. Incredibly profitable for an airline, consistently growing, low debt, enough assets to cover their short-term liabilities, and still expanding into new markets.

ALGT will come out of it's base in the next few weeks,

For a regional airline Alegent has done remarkably well at a time when other airlines have been struggling.

Outperformer over the long run

Pricey for an airline.