Back to top

Tale of the Tape

JetBlue Airways Corporation (JBLU - Analyst Report) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.89 to $7.71 in the past one-month time frame.

This regional airlines company has seen 8 positive revisions in the past two months and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for JetBlue Airways. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

JetBlue Airways currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Some other stocks from the same industry include US Airways Group, Inc. , Spirit Airlines, Inc. (SAVE - Snapshot Report) and Southwest Airlines Co. (LUV - Analyst Report). While US Airways Group and Spirit Airlines hold a Zacks Rank #1 (Strong Buy), Southwest Airlines carries a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Please login to Zacks.com or register to post a comment.