2007-01-23 03:13:59 · 6 answers · asked by Red 2 in Business & Finance ➔ Investing
Only if you have some energy holdings to offset it.
2007-01-23 04:56:08 · answer #1 · answered by vegas_iwish 5 · 0⤊ 0⤋
Well, it is making a profit, last I saw. But it has a Price/Earnings ratio of something like 90, which is to say that a lot of folks are expecting it to make a whopping lot of more profit or they are holding out hoping that the price of stock improves before they dump it. As for the chart of market experience, there is a distinct, though naturally bumpy, downward slope.
Unless I knew that something good was about to happen, I"m not touching it--yet if I simply had to buy some airline, any airline, stock, AAI will be on my short list because airlines are not famously profitable right now.
2007-01-23 11:29:56 · answer #2 · answered by Rabbit 7 · 0⤊ 0⤋
Stay far away from airline stocks. One of Warren Buffett's few blunders was having owned an airline stock, I think it was around the time he bought up the Buffalo newspaper company.
2007-01-23 13:16:12 · answer #3 · answered by sirtitan45 4 · 0⤊ 0⤋
The Airline business is tough and competitive. Traditionally Airline stocks have not performed very well.
2007-01-23 11:19:15 · answer #4 · answered by john b 2 · 1⤊ 0⤋
I would avoid airline stocks like the plague. Consider instead NSC.
2007-01-23 12:00:37 · answer #5 · answered by Anonymous · 0⤊ 0⤋
no.
2007-01-23 11:17:23 · answer #6 · answered by Anonymous · 0⤊ 0⤋