Airlines are making the most of an atypical outbreak of sane, responsible management across the industry, and Alaska Air Group (NYSE:ALK)
has certainly been among the beneficiaries. While the company has done
pretty well for itself (and its shareholders) over the last few years,
the stock has been a relative underperformer more recently on worries
that Delta Air Lines' (NYSE:DAL)
aggressive expansion into Seattle will start to impact the company's
performance. Trading below industry-average multiples and doing better
than the bears predicted, Alaska Air still appears to offer some upside
but readers may want to note that the airline rally could be getting a
little long in the tooth.
Read the full article here:
Alaska Air Continues To Hold Its Own
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