JetBlue Airways and Alaska Air Are Poised for Strong Profit Growth
The four largest U.S. airlines often steal the bulk of investors' attention. However, shares of Alaska Air (NYSE: ALK) and JetBlue Airways (NASDAQ: JBLU) -- the No. 5 and No. 6 airlines in the country, respectively -- have also been strong performers during the past few years. Furthermore, Alaska Air and JetBlue have more growth potential than their larger rivals.
Both carriers posted somewhat disappointing results in the first quarter of 2017. However, they are on track to return to profit growth in the second quarter. The outlook for the rest of 2017 and beyond looks promising as well.
Alaska Air is on track to report strong EPS growth for the next few quarters. Image source: Alaska Air.
Source: Fool.com
Alaska Air Group Inc. Stock
We see a rather positive sentiment for Alaska Air Group Inc. with 12 Buy predictions and 1 Sell predictions.
As a result the target price of 49 € shows a very positive potential of 50.45% compared to the current price of 32.57 € for Alaska Air Group Inc..