This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Alaska Air Seeks San Diego Niche

In Seattle, Alaska has 260 daily peak-season departures and partnerships with both American and Delta (DAL - Get Report). Delta has been building its Seattle-Asia service. Seattle is 4,700 miles from Asia, while the other West Coast airports are 5,000 miles from Asia.

In a recent report, Deutsche Bank analyst Mike Linenberg raised his rating on Alaska to buy from hold "due to a stronger earnings outlook, an improving credit profile and a more favorable competitive backdrop." He has a $70 price target. Cowen Securities analyst Helane Becker has a buy and a $63 price target.

McAdoo calls Alaska "one of the better-run airlines." He said its "network is less competitive than those of its peers or most low-cost airlines" and "careful expansion has allowed it to grow (while maintaining) some of the highest margins of the legacy carriers." As far as San Diego is concerned, the route selection had better work, or the routes will be gone. As McAdoo has written, "Alaska has publicly committed to only grow when it can do so profitably."

-- Written by Ted Reed in Charlotte, N.C.

>To contact the writer of this article, click here: Ted Reed

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
LUV $42.62 0.05%
SAVE $70.05 0.81%
LCC $0.00 0.00%
ALK $66.00 1.10%
DAL $45.97 0.68%

Markets

DOW 18,125.58 +101.52 0.56%
S&P 500 2,118.20 +9.91 0.47%
NASDAQ 5,032.8750 +27.4840 0.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs