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Aggressive Growth

Delta Airlines, Inc.

October 13, 2008 | Comments: 0
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Delta Airlines, Inc. (DAL - Snapshot Report) reported record load factors for September. International traffic increased 12.8% year-over-year. The company will also benefit from a huge pullback in the oil prices.

The record numbers were driven by strong yields domestically and abroad, in addition to higher load factors, according to a Delta executive.

Earnings estimates have turned form a net loss to a net gain for the current quarter and next year, within the past month. The consensus for next year is now 75 cents per share, representing more than a 200% increase.

Shares are currently trading at 7 times forward earnings estimates, representing a great discount for the potential growth. The stock has been quite volatile, but could be ready for take off any moment. Take a look at the chart below.

Read the September 15th analysis.

Last Week's Aggressive Growth Zacks Rank Buy Stocks

Empresa Brasileira de Aeronáutica (ERJ - Analyst Report) is expanding in Latin America as estimates are climbing. The market has created a steep discount for the jet maker's growth rates. Read Full Article.

Under Armour, Inc. (UA - Snapshot Report) just signed a 5-year $17.5 million dollar deal with the University of Maryland as it approaches its Oct 28 earnings announcement. The company has been beat up in the past couple weeks and is now trading at a fair PEG ratio near 1.0. Read Full Article.

Amedisys, Inc. (AMED - Snapshot Report) continues to aggressively pursue acquisitions nation-wide. The company is coming off of a record quarter and earnings estimates are rising heading into its next earnings announcement on Oct 28. Read Full Article.

Trina Solar Limited (TSL - Snapshot Report) has seen analysts hike earnings forecasts for this year and next. Additionally, Wall Street is projecting year-over-year earnings per share growth of 131% for 2008.


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Market Summary Nov 08, 2009 04:12 am ET
DJIA 10023.42  17.46 0.17%
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