Tag Archives: LUV

Why Travel Stocks Are Higher Today

What happened

The so-called “reopening trade” took flight on Tuesday, with headlines suggesting the latest pandemic surge had peaked in a number of key states and that optimism continues about the vaccine rollout. Booking Holdings (NASDAQ:BKNG) shares rallied 6% higher, and among airline stocks shares of American Airlines Group (NASDAQ:AAL), Southwest Airlines (NYSE:LUV), United Airlines Holdings (NASDAQ:UAL), and Spirit Airlines (NYSE:SAVE) each climbed 5%.

So what

Airline stocks and other travel companies have been stuck in a holding pattern of late. The sector....More>>>

7 Stocks to Buy Following Vaccine Victories

The novel coronavirus has dealt a crippling blow to various industries and sectors, translating to tens of thousands of businesses. It’s impacted inflation, stock markets, labor markets, interest rates and a whole swath of other financial metrics. Surprisingly, though, there hasn’t been any shortage of stocks to buy.

The stock markets reacted to the initial Covid-19 trauma with a breathtaking and stunning decline. The S&P 500 fell about 35% inside of a month. However, the market found its footing and soared to the upside. It’s been grinding away at all-time highs....More>>>