Pinnacle Airlines Corp. (PNCL)

for the moment, this sector looks rather bearish, until another analyst upgrades it, or Some firm wants to Pump and Dump, i think it will pull back.

I examined the stock from the annual and quarterly perspective. Since their last annual report to the 2nd quarter, they've improved their ability to pay the debt load that they picked up. Their market valuation also dropped, suggesting to me that the market is undervaluing them.

Their CEO has been in the industry for a long time. I like the fact that PNCL is actually operating two airlines (Pinnacle and Colgan Air). Even better, they're on the eastern seaboard (a lot of travel there), and as the recession ends and travelers return to the skies, I think they're poised for some growth.