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Airline Stocks Remain Grounded

Airline stocks continue to perform poorly compared to the rest of the market on a year-to-date basis.  The market itself is struggling with the slow-growth US economy, most recently revealed in the very anemic first quarter GDP numbers (however revised).  Consumer-oriented stocks, especially retail, are lagging.  The airlines have to contend with this just like everyone else, while the easy gains from the mega-mergers recede in the rear view mirror.  Energy prices have also shown some signs of life with crude oil moving past the $50 per barrel level again. While American and United shareholders are consigned to economy, Virgin America investors definitely can afford first class. Things are never dull!

airline stocks may 2016

 


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