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United Continental Holdings, Inc.

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Shares of United Continental have outperformed its industry in the last three months. The stock rallied 14% against the industry's gain of 5.4% in the period. The carrier seems to benefit from robust growth in passenger revenues backed by strong demand for air travel. This is further highlighted in the company's impressive February traffic report. Additionally, its projection on unit revenues for the first quarter of 2018 is encouraging.We are also impressed by the company's efforts to reward its shareholders. The company has repurchased stock worth $553 million in the final quarter of 2017. The company's effoorts to expand operations are a further positive. However, high costs hurt the company's bottom line in the fourth quarter. We are also concerned about capacity overexpansion woes at United Continental.
 


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