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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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Alaska Air (ALK) Plans to Fly Embraer 175 Jets From October
Alaska Air Group, Inc. (ALK - Free Report) announced plans of flying the Embraer 175 jet aircraft in few selected states of Alaska from October 2020.
Given its smaller size compared with Alaska Air’s flagship Boeing 737s jets, the airline will increase the daily frequency between Anchorage and Fairbanks up to seven times a day.
Moreover, the carrier will offer year-round service to King Salmon and Dillingham. The smaller jets, which will be operated by Alaska Air’s regional partner Horizon Air, do not have no middle seats. Moreover, they have 12 seats each in first and premium classes in addition to 52 in the main cabin. On board first class facilities include Wi-Fi access, free movies and TV shows directly in passengers’ devices and power outlets.
The utilization of the above jets will enable the carrier serve small markets more efficiently, where the usage of larger planes are not the best option.
Recently, Alaska Air added its Boeing 737 in service to Cold Bay. The carrier is also servicing places like King Salmon and Dillingham.
Alaska Air Group, Inc. Price
Alaska Air Group, Inc. price | Alaska Air Group, Inc. Quote
Zacks Rank & Key Picks
Alaska Air Group currently carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the Zacks Transportation sector are Air Lease Corporation (AL - Free Report) , TFI International Inc. (TFII - Free Report) and Teekay Tankers Ltd. (TNK - Free Report) . All the stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Long-term earnings (three to five years) growth rate for Air Lease, TFI International and Teekay Tankers is estimated at 3.1%, 4.1% and 3%, respectively.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>