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Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
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Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
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Southwest (LUV) Recalls 209 Pilots As Travel Demand Improves
Per a Reuters report, Southwest Airlines Co. (LUV - Free Report) has recalled 209 pilots from a voluntary extended leave program as it prepares to meet the anticipated increase in travel demand during the summer season. With more Americans getting vaccinated, airlines are increasingly optimistic about the uptick in air-travel demand.
The Reuters report states that pilots will resume active status from Jun 1 and complete the necessary requalification training requirements before they start flying.
Last month, Southwest, carrying a Zacks Rank #3 (Hold), announced a major summer service expansion. It will begin flights to Myrtle Beach, SC from Baltimore, MD; Chicago, IL; Nashville, TN; Dallas, TX and Pittsburgh, PA in May. From June onward, the carrier will connect Myrtle Beach with Atlanta, GA; Columbus, OH and Indianapolis, IN.
Southwest Airlines Co. Price
Southwest Airlines Co. price | Southwest Airlines Co. Quote
Additionally, the carrier will begin nonstop services to 37 cities from Austin, TX this summer. The airline’s May schedule also includes other nonstop services to prominent destinations. The boosted summer service is aimed at addressing “closer-in demand for leisure destinations”.
Thanks to the improved travel demand scenario as the economy continues to recover, United Airlines (UAL - Free Report) , carrying a Zacks Rank #3, announced plans to resume pilot recruitment.
Key Picks
Some better-ranked stocks in the broader Transportation sector are USA Truck, Inc. and Saia, Inc. (SAIA - Free Report) . While USA Truck sports a Zacks Rank #1 (Strong Buy), Saia carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of USA Truck and Saia have rallied more than 100% and 73% in the past six months, respectively.
Zacks Top 10 Stocks for 2021
In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?
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