Netflix adds 5.3M subscribers in Q3 >>> READ MORE

3 Airline Stocks to Buy Before They Take Off

Buy the dip in DAL, AAL and ALK for sky-high profits

    View All  

Last week’s mild bout of profit-taking was just what the doctor ordered for stocks in need of a breather. And, I might add, the list of overbought stocks needing a reprieve was quite large, what with so many big winners this year. Airline stocks are a perfect example. Many have flown to new 52-week highs, some have even reached record highs.

3 Airline Stocks to Buy Before They Take Off
Source: Shutterstock

But chasing stocks at dizzying heights is never as satisfying as scooping them up at a discount. You see, savvy traders are loath to chase.

Instead, they lie in wait until a multi-day retreat ushers shares to a lower-risk entry point. These pullbacks bring stock prices back to support levels, which are altogether more attractive to deploy new trades from.

And that is exactly what’s happened with airline stocks. Their uptrends remain firm and last week’s retracement is providing an excellent buy-the-dip opportunity. Check out these three airline stocks ready for takeoff.

Next Page

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC