WESTJET STOCK
December 30th, 2009
admin
WESTJET STOCK
Airline......is it a good investment?
Should I invest my money in the airline industry. It looks good in black and white (annual report)? At the same time, the stock market for airlines is volatile. Any says about Westjet, AirAsia and Easy Jet?
I am talking about budget airline companies offer their stocks to public. They are doing well vs. major national carrier. It makes sense small airlines like Westjet could bring profit. I am confused.
Like AirAsia (2 -year old budget airlines company) has bought 14 new aircraft and offering its customers cheap fares. It doesnt make sense even the flights are fulled. Everyone knows the price of gas/fuel on the rise day by day. Are they 'borrowing' money from the public by offering the co. shares?
Jet Blue has little debt and potential for growth. Fuel prices have kept it down recently. As fuel gets cheaper, watch this stock grow.
The entire sector is suffering at the moment, but watch JBLU. It's nearly half off its 52 wk high and has plenty of room for growth.
