Southwest
airline is the world’s largest low cost carrier. The company was established in
1967 in US and is headquartered in Texas, United States. Southwest Airline is
one of the biggest Airline Corporations in the world with over 3500 flight
routes daily and a market capitalization of over $16 Billion. The company is
ranked 5th in the airline corporations rankings and long term
investment and financial soundness ranking of 2nd both in the global
airline industry. The company is publically traded on New York Stock Exchange (NYSE)
and currently Southwest airlines stock
price is at $23. The company is traded on New York Stock Exchange with the
ticker symbol. The company has done well in the previous years apart from
double digits annual return to its investors the company has shown a potential
for growth in the Airline industry.
Southwest Airline stock has been recommended by most of the analysts as a
BUY stance not only due to the fact that the company has posted very good
growing profits for the recent quarter but also that the company has shown a
promising growth in the past and with the strategic plans like expanding more
into Asian markets means that the company is financially sound and is about to
invest in regions where the company did not have a foothold and these will top
up the revenues from the areas where the company operates already. American Airlines stock financial
performance is also good which would increase its share price.
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