Should Investors Consider These Airline Stocks To Buy Now? 3 Names To Watch

Now, this is just a pilot program. But if this can prove to be successful at scale we could quickly see other airline stocks follow suit. With all that being said, is UAL stock the best airline stocks to buy now among its competitors?

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Best Airline Stocks To Buy [Or Sell] Now: Southwest Airlines

Last on the list of top airline stocks is Southwest Airlines (LUV Stock Report[13]). LUV stock has been one of the best performing airline stocks since the positive vaccine news was first reported. Since the beginning of November, LUV stock is up 21.42% closing on Friday at $46.08 per share. The Dallas-based company is currently the nation’s largest domestic air carrier. In 2019 its customer base exceeded 130 million passengers.

Last month Southwest reported its third-quarter earnings. The company reported a net loss of a whopping $1.2 billion, or $1.96 net loss per diluted share. What makes LUV so attractive to investors is its ability to maintain a strong balance sheet. Southwest ended its third quarter with liquidity of $15.6 billion. This is more than enough to cover its current outstanding debt.

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