China continues to sneeze, and it has given industrial stocks in North
America and Europe a pretty nasty summer cold. That's bad news for air
cargo carriers like
FedEx (NYSE:
FDX) and
Atlas Air Worldwide (Nasdaq:
AAWW),
which depend on strong cargo demand to and from Asia. While overall
industrial demand in China is not looking strong yet, nor are current
cargo trends in Hong Kong, there may yet be reasons to think that
stronger demand late in the year can lift shares of Atlas Air.
Continue here for more:
http://stocks.investopedia.com/stock-analysis/2012/Will-A-Q4-Rebound-Lift-Atlas-Air-Worldwide-AAWW-FDX-UPS-AAPL0822.aspx
No comments:
Post a Comment