|Day Low/High||52.01 / 52.94|
|52 Wk Low/High||34.36 / 65.35|
American Air and Southwest have both suffered double-digit selloffs since May 19. A veteran analyst says investors are overdoing it.
Delta and Spirit announced new flights on Tuesday, which probably wasn't the best timing since capacity increases and efforts to match Spirit fares already were spooking investors.
Nonstop Flights Between Los Angeles and Oakland/San Francisco Bay Area Launch in November
Trade-Ideas LLC identified Spirit Airlines (SAVE) as a weak on high relative volume candidate
Stocks with insider trader activity include LCI, SAVE and SNCR
Be careful what you wish for because wishes can come true.
Spirit Airlines Stretches Across an Expanding Horizon of Exciting New Routes
Virgin America said unit revenue rose a healthy 2.6% in the first quarter and it guided toward a second-quarter decline between zero and minus 2%.
Jim Cramer answers viewers' Twitter (TWTR) questions from the floor of the New York Stock Exchange.
Spirit Airlines shares fell 9% on Wednesday as management project a second-quarter unit revenue decline of 15%. But some analysts are still buyers.
Cramer says rising oil prices have hit Spirit Airlines while Receptos has a terrific product pipeline.
Investors eschewed the safe stocks and bet big on everything else, Cramer says.
Trade-Ideas LLC identified Spirit Airlines (SAVE) as a "roof leaker" (crossing below the 200-day simple moving average on higher than normal relative volume) candidate
U.S. stock futures are a bit lower as investors focus on this afternoon's Federal Reserve Open Market Committee announcement.
Jim Cramer is watching Apple earnings for Apple Watch orders and updates on Apple Pay Monday. Kraft, Bristol-Myers Squibb, GrubHub and ExxonMobil will be on his radar later this week.
Futures point slightly higher as the juggernaut report draws near.
There are still plenty of companies doing well this quarter and investors need to take advantage of the opportunities when they see them, Cramer says.
Cramer goes with Randgold over Tahoe Resources and says Carnival is good.
Cramer is impressed by the turnaround efforts of Coca-Cola, McDonald's, Yum! Brands, IBM and Yahoo!.
With a striving economy, low fuel prices, and people having more disposable income, more consumer and business travel is expected in the coming months.
Save Money on Air Travel on 28 New Routes to Exciting Destinations
Southwest and Spirit are Cramer's favorite airlines but he says the Royal Dutch Shell deal for BG Group is an 'embarrassment.'
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