NEW YORK (Real Money) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
- Trying to predict the winners in the competive airline zone
- Why owning stocks often takes a leap of faith and so Facebook investors might need to tolerate some "pain"
- Three companies with potential (two are biotech firms and one is in cybersecurity)
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It's a Dogfight Among the Airlines
Posted on June 9 at 12:44 p.m. EDT
Can American (AAL) lead a squeeze in the airlines? Can United (UAL) help it mount a comeback? If you care about today's session, put these five stocks right in front of you: Delta (DAL), Southwest (LUV), United, American and Spirit (SAVE).
These were the former leaders that have been crushed endlessly, and two of them -- American and United -- aren't down. Glory be, this is amazing given the fact that people have been bailing left and right on this group.
Yes, there are still way too many analysts who are bullish. Yes, the numbers are too high. But even the worst dogs have their day, and these are far from the worst, given that their earnings aren't going to collapse. They are just going to get cut.