These Airline Stocks Soared More Than 12% in November, Here's Why
Airline stocks soared (sorry, couldn't resist) in November, with the three major "discount" carriers -- Southwest Airlines (NYSE: LUV), Spirit Airlines (NASDAQ: SAVE), and JetBlue Airways (NASDAQ: JBLU) -- rising by double digits.
However, it was Hawaiian Holdings (NASDAQ: HA), the parent of niche carrier Hawaiian Airlines, that had the biggest win of the month, up an amazing 28.8%.
The best news for investors, though, is that there wasn't just one single reason why these companies' stocks handily outperformed the S&P 500 during the month. Instead, here are the multiple reasons they went up and what investors should do now.
Source: Fool.com
Spirit Airlines, Inc. Stock
With 18 Sell predictions and no Buy predictions the community is very low on the Spirit Airlines, Inc. stock.
This results in a negative potential of -26.77% based on a current price of 2.73 € and a target price of 2 € for the stock.