Two Ways To Play: With Crude At $115, Airline Profits Clear For Takeoff
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Companies like Continental (CAL), Delta (DAL) JetBlue (JBLU) would join Southwest Airlines (LUV) in recording profits next year said Greene. "We see significant upside in shares should oil prices and demand trends remain consistent with our model."
Green maintains an "in-line" rating on the industry.
From the Bull Pen: The decline in crude has been violent but oil could be due for a tradable bounce. USO into the 200 DMA ($87.60) could be one option for bulls.
From the Bear Cave: Have the airlines ever been able to make money? Bears might see a downside play in CAL as the stock approaches the $20 mark.
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