This Unloved Airline Stock Is a Great Buy Right Now

Hawaiian Holdings (NASDAQ: HA) is on track to grow its earnings per share in 2017, unlike many of its airline industry peers and despite having already boosted adjusted EPS by 68% last year. The company's earnings power has been supported by its industry-leading unit revenue performance.

Nevertheless, Hawaiian Holdings stock has lost about a third of its value since peaking in late 2016. On Tuesday, the stock dipped back below $40 following the company's investor day presentation. It now trades for just seven times earnings.